$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
Property Direction
- Address3501 NW 114th Ln Coral Springs FL
- BuildingCastlewood 71-37 B
- SubdivisionCastlewood 71-37 B
- CityCoral Springs
- CountyBroward County
- Zip Code33065
Subdivisions in Coral Springs
Schools
Interior
Exterior
Financial
HOA Frequency
None
Taxes
$25,094
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Listing courtesy of Lifestyle International Realty, (305)–809–8085
© 2025 Information deemed reliable but not guaranteed. Information is provided, in part, by Ft. Lauderdale MLS. This information being provided is for consumers personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025 Information deemed reliable but not guaranteed. Information is provided, in part, by Ft. Lauderdale MLS. This information being provided is for consumers personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
3501 NW 114th Ln
Coral Springs, FL