Castlewood, 3501 NW 114th Ln, Coral Springs, FL 33065

$1,499,999Price
4,464SqFt

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Details

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Status:
Active
Size: 4,464 SqFt (415 m2)
Price: $336/SqFt ($3,617/m2)
Type: Multi Family
Built: 1988
HOA: N/A
MLS Number: F10512073
On Site: 34 Days
Updated: 34 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
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir, CeilingFans
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1988
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-06-26T11:02:56.000-00:00
          Taxes, Fees & More
          • Taxes: 25094
          • Total Units in Building: 4

          Price History

          06/26/2025

          Date

          Listed

          Event

          $1.5M

          Price

          $336 ft2 / $3,617 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Yairo RinconLifestyle International Realty • Buyer Agency Compensation .

          Instant Comps

          $100/ft²
          $200/ft²
          $300/ft²
          $500/ft²

          Unit 3501 NW 114th Ln – Asking

          $336/ft²

          (+24%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $272/ft²
          Community $/Price Range (Closed) $224/ft² – $365/ft²
          No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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