FL > Coral Springs > Castlewood
Coral Springs, FL 33065,3700 NW 116th Ter
Coral Springs, FL 33065,3700 NW 116th Ter
Coral Springs, FL 33065,3700 NW 116th Ter
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Milton Knight

Milton Knight

+1(786) 917-3337
$1,239,000
Est. payment /mo
4,105 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,105 sqft

Price per Sqft $301

Subdivision Castlewood

MLS Listing ID F10533100

Style Fourplex

Construction Status Resale

Total Fin. Sqft 10000

Year Built 1987

Annual Tax Amount $21,500

Tax Year 2024

Property Sub-Type Fourplex

Property Description

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.

Location

State FL

County Broward County

Area North Broward 441 To Everglades (3611-3642)

Zoning RM-15

Interior

Heating Central Heat, Electric Heat

Cooling Central Cooling, Electric Cooling

Flooring Ceramic Floor

Exterior

Roof Type Barrel Roof

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Concrete Block Construction

Sewer Municipal Sewer

Construction Status Resale

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition As Is

Virtual Tour https://www.propertypanorama.com/3700-NW-116th-Ter-Coral-Springs-FL-33065/unbranded

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BeachesMLS Matrix (RAPB-F prefix)
Listed by Pala Homes Inc

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Milton Knight

Milton Knight

+1(786) 917-3337

Principal Real Estate Broker | License ID: 0663675

Principal Real Estate Broker License ID: 0663675

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