3700 NW 116th Ter

Coral Springs, FL 33065
  • $1,239,000

    Price
  • 0

    Bed
  • Bath
  • 4,105

    SqFt

About the Listing 261021638 - 3210791

Rare opportunity to own a 4-unit property in the heart of Coral Springs. Each unit features 3 bedrooms, 2 bathrooms, in-unit laundry, and ample parking. No HOA. The property is approved for housing vouchers, providing stable rental income of 9750 for all units. Gross income is $117000/year with estimated expenses of $31,000, Market rents are around $2,800/month, pushing the potential cap rate to 6.5%. Conveniently located near Costco, Coral Square Mall, Sawgrass Mills, and just 2 minutes from the Sawgrass Expressway.4 ac units are less than 4 year old.40 year inspection passed.

Listing Highlights for 3700 NW 116th Ter

Status Active
Days on Site 2
Property Type Multi-Family
MLS ® F10533100
Year Built 1987
Total Square Footage 4,105
Lot/Acreage 10000
County Broward
Neighborhood Castlewood
Area 3625

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Central Air,Electric
  • Heating: Central,Electric
  • Fireplaces:
  • Floor: Ceramic Tile
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: < 1/4 Acre
  • Garage Capacity: N/A
  • Parking Spaces: 10
  • Lot Dimensions: 10000
  • Zoning: RM-15
  • Roof: Barrel
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $21,500
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 484117060470
  • Tax Year: 2024

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Listing Location

Questions About..

3700 NW 116th Ter Coral Springs, FL 33065

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Originating MLS: FTL

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