Address
3775 NW 116th Ter, Coral Springs, FL
Price
$ 1,520,000
Property Attributes
- MLS#A11493966
- TypeIncome
- CountyBROWARD
- CityCoral Springs
- Area3625
- NeighborhoodCastlewood
- Zip33065
- StyleFourplex
- Year Built1976
- Taxes$ 18721
- Price$ 1,520,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage3819
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description
Grow your wealth with this amazing investment opportunity. This fourplex sits on a wide lot in the beautiful city of Coral springs. The one story 4 units apartment property features large 3 bedrooms and 1.5 bathrooms in each unit. All of them substantially renovated including washer and dryer in 3 of the 4 units. The building and the roof is in excellent condition with 40 year inspection completed. 10 parking spaces available for residents. Great outdoor area next to a beautiful park with basketball court, playground and outstanding green area for the use of all families. All units currently rented with potential to increase the rent.
| Price History | |
|---|---|
| 12/1/2023 | Listed $1,600,000 |
| 2/9/2024 | 5% - $1,520,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | Central,Electric |
| Cooling | CentralAir,Electric |
| Utilities | CableNotAvailable |
| Possession | CloseOfEscrow |
| Roof | Barrel |
| Architectural Style | Fourplex |
| Pool Features | None |
| Construction Materials | Block |
| Year Built | 1976 |
| Stories | 1 |
| Levels | One |
| Property SubType | Quadruplex |
| Tax Year | 2023 |
| County | Broward County |
| Net Operating Income | 84839.0 |
| Operating Expense | 28321.0 |
| New Construction | No |
| Property Type | ResidentialIncome |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Subdivision Name | Castlewood |
| Garage Y/N | No |
| Rent Includes | Gardener,HotWater,Sewer,TrashCollection,Water |
| Special Listing Conditions | ListedAsIs |
| Status | Active |
| City | Coral Springs |
| View Y/N | No |
| Senior Community Y/N | No |
| Zoning Description | RM-15 |
| MLS Area | 3625 |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | 116th Ter |
| Listing Terms | Cash,Conventional,FHA |
| Property Attached Y/N | No |
| Year Built Details | Effective Year Built |
| Land Lease Y/N | No |
| Tax Annual Amount | 18721.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| MLS Area Minor | Ft Ldale SE (3280;3600;3800) |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://youtu.be/sLL47Gh8CaQ?si=BRn5ZIQqwnTHMkMw |
| Days on Market | 166 |
| Standard Status | Active |
| Occupancy Description | Tenant |
| Total Actual Rent | 113160.0 |
| Property Sub Type Additional | Quadruplex |
| MobileHomeRemainsYN | No |
| PostalCity | Coral Springs |
| Legal Description | CASTLEWOOD 71-37 B LOT 15 BLK E |
Interior Features
| Flooring | CeramicTile |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Electric On Property Y/N | No |
Exterior Features
| Lot Features | Item14Acre |
|---|---|
| Total Parking | 10.0 |
| Spa | No |
| Building Area Total | 3819.0 |
| Lot Size Units | SquareFeet |
| Covered Spaces | 0.0 |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 33065
Price
Taxes
Visits
Year Built
Walkscore
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Data Last Updated: May 19, 2024 12:58 PM UTC
Beaches MLS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
