3501 NW 114th Ln, Coral Springs, FL 33065

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3501 NW 114th Ln,Coral Springs, FL 33065
$1,499,999
Virtual Tour
  • - Beds
  • - Baths
  • 4,464 sq. ft.
  • Multi-family
  • Active
Listed by:yairo rincon
Office:lifestyle international realty
MLS#:F10512073
Source:

Price summary

  • Price:$1,499,999
  • Price per sq. ft.:$336.02

About this home

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.

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Home facts

  • Year built:1988
  • Listing Id #:F10512073
  • Added:335 day(s) ago
  • Updated:July 06, 2025 at 02:58 PM

Rooms and interior

  • Living area:4,464 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Cooling
  • Heating:Central Heat

Structure and exterior

  • Roof:Curved/S-Tile Roof
  • Year built:1988
  • Building area:4,464 sq. ft.

Utilities

  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$1,499,999
  • Price per sq. ft.:$336.02
  • Tax amount:$25,094 (2023)

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