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3700 116th Terrace, Coral Springs, FL 33065
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Priced at Only: $1,239,000
For more Information Call:
(352) 279-4408
Address: 3700 116th Terrace, Coral Springs, FL 33065
Property Location and Similar Properties
- MLS#: F10533100 ( Residential Income )
- Street Address: 3700 116th Terrace
- Viewed: 2
- Price: $1,239,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1987
- Bldg sqft: 0
- Additional Information
- Geolocation: 26 / -80
- County: BROWARD
- City: Coral Springs
- Zipcode: 33065
- Subdivision: Castlewood
- Provided by: Pala Homes Inc
- DMCA Notice
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DescriptionRare 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. Water 300,Tax 21000,Insurance 6500.
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Building and Construction
- Flooring: Ceramic Tile
- Roof: Barrel
Utilities
- Cooling: Central Air, Electric
- Heating: Separate Meters, Central, Electric
- Sewer: Public Sewer
- Utilities: Cable Not Available
Finance and Tax Information
- Home Owners Association Fee Includes: Hot Water, Maintenance Grounds, Sewer, Trash, Water
- Tax Year: 2024
Other Features
- Legal Description: CASTLEWOOD 71-37 B LOT 15 BLK E
- Parcel Number: 484117060470
- Zoning Code: RM-15
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