Multifamily in Coral Springs, FL 33065
3502 Riverside Dr #1-3

2,513
SqFt
Status
OFF MARKETExpired
Size
2,513 SqFt (233 m2)
Price
$358/SqFt ($3,851/m2)
Type
Multifamily
Built
1973
HOA
N/A
MLS Number
F10542493
On Site
260 Days
Updated
134 Days ago
Page Views
0
Fully leased and income-producing triplex in highly desirable Coral Springs. Excellent opportunity for an investor seeking immediate cash flow in a strong rental market. Property is fully occupied and generates approximately $72,000 in gross annual rent. Estimated total landlord expenses including taxes are approximately $20,000 annually, producing an estimated Net Operating Income of approximately $52,000. Based on an estimated market value of $900,000, this property offers an approximate 5.8% cap rate.Each unit enjoys on-site parking, private yard space, and the property backs up to a canal, offering added privacy and appeal for long-term tenant retention. Located in a sought-after residential community near shopping, major roadways, parks, and schools. Strong demand area with consistent rental history. This is a turn-key multifamily asset offering dependable performance and long-term appreciation potential. Investors only; do not disturb tenants. Showings by appointment only.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Balcony
      Interior, Heating and Cooling
      • Heating Description: Central, Electric, SeparateMeters
      • Cooling Description: CentralAir,Electric
      Building and Construction
      • Floor Description: Tile
      • Year Built: 1973
      Waterfront and Water Access
      • Waterfront Frontage: Yes
      School Information
        Other Property Info
        • Listing Date: 2025-12-25T19:00:00.000-00:00
        Taxes, Fees & More
        • Maintenance Includes: Water
        • Taxes: 12903
        • Real Estate Taxes: 517800
        • Total Floors in Building: 1
        • Total Units in Building: 3
        • Total Units in Complex: 3

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        Price History

        Date
        Event
        Price
        Change
        Price Per
        12/26/2025
        Listed
        $899K
         
        $358 ft2
        $3,851 m2
        12/26/2025
        $899K
        Event
        Listed
        Price Per
        $358 ft2
        $3,851 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Patrick BarnicleColdwell Banker Realty • Buyer Agency Compensation .

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