3700 NW 116th Ter, Coral Springs, FL 33065

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3700 NW 116th Ter,Coral Springs, FL 33065
$1,239,000
Virtual Tour
  • - Beds
  • - Baths
  • 4,105 sq. ft.
  • Multi-family
  • Active
Listed by:shibu scaria
Office:pala homes inc
MLS#:F10533100
Source:RMLS

Price summary

  • Price:$1,239,000
  • Price per sq. ft.:$301.83

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 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.

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Home facts

  • Year built:1987
  • Listing ID #:F10533100
  • Added:1 day(s) ago
  • Updated:October 23, 2025 at 10:07 AM

Rooms and interior

  • Living area:4,105 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric

Structure and exterior

  • Roof:Barrel
  • Year built:1987
  • Building area:4,105 sq. ft.

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,239,000
  • Price per sq. ft.:$301.83
  • Tax amount:$21,500 (2024)
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