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.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Exterior Features: Balcony
Interior, Heating and Cooling
Heating Description: Central, SeparateMeters
Cooling Description: CentralAir, CeilingFans
Building and Construction
Floor Description: Tile
Year Built: 1988
Waterfront and Water Access
Waterfront Frontage: No info
School Information
Other Property Info
Listing Date: 2025-06-25T20:00:00.000-00:00
Taxes, Fees & More
Maintenance Includes: Trash,Water
Taxes: 25094
Real Estate Taxes: 1059070
Total Floors in Building: 2
Total Units in Complex: 44
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