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3700 NW 116th Ter Coral Springs FL 33065 MLS #F10533100

3700 NW 116th Ter
Coral Springs, FL, 33065
$1,239,000
Beds
0 Bathrooms
4,105 SqFt
0 Acres
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$1,239,000
3700 NW 116th Ter
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 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.

Financial

Net Operating Income
$85,900
Taxes
$21,500

Investment results for buyers and agents

Property Details

Price:
$1,239,000
MLS #:
F10533100
Status:
Active
Baths:
0
Type:
Residential Income
Subdivision:
Castlewood
Neighborhood:
3625
Listed Date:
Oct 22, 2025
Finished Sq Ft:
4,105
Year Built:
1987
StoriesCastlewoodCastlewood

Schools

Interior

Exterior

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Map

Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:
3700 NW 116th Ter
Coral Springs, FL