3501 NW 114th Ln, Coral Springs, FL 33065
Local realty services provided by:Reliant Realty ERA Powered
Listed by:yairo rincon
Office:lifestyle international realty
MLS#:F10512073
Source:RMLS
Price summary
- Price:$1,499,999
- Price per sq. ft.:$336.02
About this home
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 $10,796 for all units. Gross income is $129,552/year with estimated expenses of $37,000, this offers a strong 6.17% cap rate. Market rents are around $2,800/month, pushing the potential cap rate to 6.49%. Conveniently located near Costco, Coral Square Mall, Sawgrass Mills, and just 2 minutes from the Sawgrass Expressway.
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Home facts
- Year built:1988
- Listing ID #:F10512073
- Added:70 day(s) ago
- Updated:October 03, 2025 at 03:54 PM
Rooms and interior
- Living area:4,464 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air
- Heating:Central
Structure and exterior
- Roof:Spanish Tile
- Year built:1988
- Building area:4,464 sq. ft.
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,499,999
- Price per sq. ft.:$336.02
- Tax amount:$25,094 (2023)
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