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Investment Opportunity

Miami Investmens

3501 NW 114th Ln Coral Springs FL 33065 MLS #F10512073

3501 NW 114th Ln
Coral Springs, FL, 33065
$1,499,999
Beds
0 Bathrooms
4,464 SqFt
0 Acres
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$1,499,999
3501 NW 114th Ln
Coral Springs, FL, 33065
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Project 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 $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.

Property Details

Price:
$1,499,999
MLS #:
F10512073
Status:
Active
Baths:
0
Type:
Residential Income
Subdivision:
Castlewood 71-37 B
Neighborhood:
3625
Listed Date:
Jun 26, 2025
Finished Sq Ft:
4,464
Year Built:
1988
Castlewood 71-37 BCastlewood 71-37 B

Schools

Interior

Exterior

Financial

HOA Frequency
None
Taxes
$25,094

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Profitability of the Property

Net Monthly Income:
Annual Profitability of:
3501 NW 114th Ln
Coral Springs, FL