3501 NW 114th Ln Coral Springs, FL 33065
Listing Courtesy of: BeachesMLS/Matrix / Lifestyle International Realty

  3501 NW 114th Ln Coral Springs, FL 33065

Active (111 Days)
$1,499,999 (USD)

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.

MLS #:
F10512073
Taxes
$25,094(2023)
Type
Multifamily
Year Built
1988
Style
Fourplex
County
Broward County
Community
Castlewood 71-37 B

Listed By

Yairo Rincon, Lifestyle International Realty
Source
BeachesMLS/Matrix
Last checked Oct 15 2025 at 9:12 PM GMT+0000
Bathroom Details
Subdivision
  • Castlewood 71-37 B
Heating and Cooling
  • Central Heat
  • Central Cooling
  • Ceiling Fans
Flooring
  • Tile Floors
Exterior Features
  • Roof: Curved/S-Tile Roof
Utility Information
  • Sewer: Municipal Sewer
Stories
  • 2
Living Area
  • 4,464 sqft
Location
   
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Disclaimer: Copyright 2025 Greater Fort Lauderdale Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/15/25 14:12