3501 NW 114th Lane, Coral Springs, FL 33065
- $1,380,000
- 4,464
- SqFt
- Sold Price
- $1,380,000
- List Price
- $1,499,999
- Closing Date
- Jan 29, 2026
- MLS#
- F10512073
- Sq. Ft
- 4,464
- Subtype
- Quadruplex
- County
- Broward
- Subdivision
- Castlewood 71-37 B
- Year Built
- 1988
Property Description
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.
/u.realgeeks.media/oursouthflorida/header.png)
Additional Information
- Construction
- Block
- Cooling
- Central Air, Ceiling Fan(s)
- Flooring
- Tile
- Heating
- Central, Separate Meters
- Roof
- Spanish Tile
- Taxes
- $25,094
- Utilities
- Cable Available
- Stories
- 2
- Price Per Sqft
- $309
Mortgage Calculator
Listing courtesy of Lifestyle International Realty. Contact:
Selling Office: Double Pines Realty, LLC.