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MLS ID: F10512073
List Price: $ 1 499 999
Sold Price: $ 1 380 000 (-8%)
Status: Closed
List date: 06/26/2025
Closing Dt: 01/29/2026
Days on Market: 217
Sell $ 309 per SqFt
3501 NW 114th, Coral Springs
#MLS: F10512073
$ 1 499 999
Listing date06/26/2025
CityCoral Springs, FL 33065
Address3501 NW 114th
Area4464 sqft
Tax/year$ 25 094
Built year1988

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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