Multifamily in Coral Springs, FL 33065
8550 NW 40th St

$1.4M7.1%
$1,300,000
4,547
SqFt
Status
Sold - Jul 13, 2023
Size
4,547 SqFt (422 m2)
Price
$286/SqFt ($3,077/m2)
Type
Multifamily
Built
1998
MLS Number
A11363315
On Site
1262 Days
Updated
14 Days ago
Page Views
0
Beautiful lakefront multifamily property located in the heart of Coral Springs. All units are three bedrooms with two full bathrooms. This is a great investment property. Across the lake is a brand new million-dollar k hovnanian homes single family community. Property is currently tenant occupied on a month-to-month basis. Rents are below market so there is a huge potential for a great upside to increase monthly rents to current rental rates. New roof was installed on the property in 2020. One unit is leased until 9/2023. Property is being well-maintained. This is the perfect long term investment property for a seasoned investor or new investor, or a homeowner. PLEASE DO NOT DISTURB TENANTS. Contact listing agent directly for more information.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1998
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: Yes
        School Information
          Other Property Info
          • Listing Date: 2023-03-28T16:14:16.000-00:00
          Taxes, Fees & More
          • Taxes: 17719

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          Price History

          Current
          $1.3M
          High
          $1.4M
          Low
          $1.3M
          Total Change
          -7.1%
          $1.4M$1.4M$1.3MMar 23Jul 23
          Date
          Event
          Price
          Change
          Price Per
          07/13/2023
          Sold
          $1.3M
          -7.14%
          $286 ft2
          $3,077 m2
          03/28/2023
          Listed
          $1.4M
           
          $308 ft2
          $3,314 m2
          07/13/2023
          $1.3M
          Event
          Sold
          Change
          -7.14%
          Price Per
          $286 ft2
          $3,077 m2
          03/28/2023
          $1.4M
          Event
          Listed
          Price Per
          $308 ft2
          $3,314 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Tamika MosesRobin Bird Realty Inc • Buyer Agency Compensation .

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