$1,137,500
$1,400,000
18.8%For more information regarding the value of a property, please contact us for a free consultation.
0.35 Acres Lot
SOLD DATE : 12/17/2024
Key Details
Sold Price $1,137,500
Property Type Multi-Family
Sub Type Income/Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10444507
Sold Date 12/17/24
Construction Status Resale
HOA Y/N Yes
Total Fin. Sqft 15251
Year Built 1971
Annual Tax Amount $19,762
Tax Year 2023
Lot Size 0.350 Acres
Property Description
Priced to sell income opportunity in well maintained, fully rented, 5-PLEX on a premium corner lot in the high-demand center of Coral Springs. Property has long-term tenants that are currently month-to-month leading up to this sale. Rents are lagging behind market rates and provide great potential to improve annual returns. The 3/2 and 2/2 units each have large 2-car garages that attract premium tenants plus 10 off-street parking spaces. In 2022, property passed the City of Coral Springs mandated 40-Year Inspection covering all structural and electrical systems. Property has common use coin laundry for add'l income. PLEASE DO NOT DISTURB TENANTS. Use ShowingTime.
Location
State FL
County Broward County
Area North Broward 441 To Everglades (3611-3642)
Zoning RM-20
Interior
Heating Central Individual A/C
Cooling Central Individual A/C
Flooring Carpeted Floors, Ceramic Floor, Tile Floors
Exterior
Water Access N
Roof Type Tile Roof
Private Pool No
Building
Story 2.0000
Foundation Concrete Block Construction, Slab Construction
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional/Refinance
Listing Terms Cash, Conventional/Refinance
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with The Keyes Company
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
49503 Hwy 27 Suite B, Davenport, Fl, 33897, United States