Multifamily in Coral Springs, FL 33065
Castlewood, 3700 NW 116th Ter #1-4

4,105
SqFt
Status
OFF MARKETExpired
Size
4,105 SqFt (381 m2)
Price
$302/SqFt ($3,249/m2)
Type
Multifamily
Built
1987
MLS Number
F10533100
On Site
324 Days
Updated
323 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 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.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central,Electric
        • Cooling Description: CentralAir,Electric
        Building and Construction
        • Floor Description: CeramicTile
        • Year Built: 1987
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-10-22T21:02:25.000-00:00
          Taxes, Fees & More
          • Taxes: 21500
          • Total Units in Building: 4

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          Price History

          Date
          Event
          Price
          Change
          Price Per
          10/22/2025
          Listed
          $1.2M
           
          $302 ft2
          $3,249 m2
          10/22/2025
          $1.2M
          Event
          Listed
          Price Per
          $302 ft2
          $3,249 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Shibu Scaria • Pala Homes Inc • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Somewhat Walkable. Some errands can be accomplished on foot
          53

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          32

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          51

          100
          Sound Score®
          Bearable noise
          76

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          30

          100
          Local Score
          Limited local amenities nearby
          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

          Coral Springs
          Entry-Level
          Entry-Level Homes & Condos