Multifamily in Coral Springs, FL 33065Castlewood, 3501 NW 114th Ln #1-4
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OFF MARKET
4,464
SqFtStatus
OFF MARKETExpired
Size
4,464 SqFt (415 m2)
Price
$309/SqFt ($3,328/m2)
Type
Multifamily
Built
1988
HOA
N/A
MLS Number
F10512073
On Site
442 Days
Updated
22 Days ago
Page Views
0
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: 2025-06-26T12:02:56.000-00:00
Taxes, Fees & More
- Maintenance Includes: Trash,Water
- Taxes: 25094
- Real Estate Taxes: 1059070
- Total Floors in Building: 2
- Total Units in Building: 4
- Total Units in Complex: 4
Apples-to-Apples Comparables
Price History
Current
$1.4M
High
$1.5M
Low
$1.4M
Total Change
-8%Date
Event
Price
Change
Price Per
01/29/2026
Price Reduced
$1.4M
0%$309 ft2
$3,328 m2
01/31/2026
Price Reduced
$1.4M
-8%$309 ft2
$3,328 m2
06/26/2025
Listed
$1.5M
 $336 ft2
$3,617 m2
01/29/2026
$1.4M
Event
Price Reduced
Change
0%Price Per
$309 ft2
$3,328 m2
01/31/2026
$1.4M
Event
Price Reduced
Change
-8%Price Per
$309 ft2
$3,328 m2
06/26/2025
$1.5M
Event
Listed
Price Per
$336 ft2
$3,617 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Yairo Rincon • Lifestyle International Realty • Buyer Agency Compensation .
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Scores
53
100
32
100
51
100
76
100
0
100
30
100
0
100
Community Snapshot
$1.1M – $1.2M
Price Tier
1,260 - 5,206
SqFt Range
1982
Year Build
2
Total Floors
Subdivision Amenities
None
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