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.
Listing Provided Courtesy of Lifestyle International Realty
Property Details
Price:
$1,499,999
MLS #:
F10512073
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
Castlewood 71-37 B
Neighborhood:
3625
Listed Date:
Jun 26, 2025
Finished Sq Ft:
4,464
Year Built:
1988
Units:
4
See this Listing
Schools
Interior
Cooling
Ceiling Fan(s), Central Air
Flooring
Tile
Heating
Separate Meters, Central
Exterior
Construction Materials
CBS
Exterior Features
Balcony
Roof
Spanish Tile
Financial
HOA Includes
Trash, Water
Tax Year
2023
Taxes
$25,094
Map
Community
- Address3501 NW 114th Lane Coral Springs FL
- SubdivisionCastlewood 71-37 B
- CityCoral Springs
- CountyBroward
- Zip Code33065
Market Summary
Current real estate data for Multi Family in Coral Springs as of Jan 27, 2026
20
Multi Family Listed
119
Avg DOM
320
Avg $ / SqFt
$1,285,475
Avg List Price
Property Summary
- Located in the Castlewood 71-37 B subdivision, 3501 NW 114th Lane Coral Springs FL is a Multi Family for sale in Coral Springs, FL, 33065. It is listed for $1,499,999 To schedule a showing of MLS#f10512073 at 3501 NW 114th Lane in Coral Springs, FL, contact your Stonecrest International Realty agent at 561-707-9933.
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