$2,100,000
Coral Springs, FL 33065
MLS# F10173991
Status: Closed
1 / 9
Property Description
This is a rare find, cash cow. Cap Rate 9.4. Property is being leased for 4 years to the same tenant and has remaining 4 year lease with option to renew. One tenant paying $15,834. per month. Property is in excellent condition. Pictures in the MLS are only 3 weeks old. Fully redone in 2015 and tenants keep it beautifully. Gross of $190,008. Tax, Insurance and Land Scape $17,981. With a Net of about $165,128.00.
Details
Maps
Contract Information
Comp Sale YN: No
Owner Phone: 9546084067
Listing Date: 2019-04-30
Status: Closed
Original List Price: 1750000
Sold Price: $2,100,000
Current Price: $2,100,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Coral Springs
Postal Zip: 33065
Development Name: Coral Spring Village
Geographic Area: NW41 - North Broward 441 To Everglades (3611-3642)
Subdivision Number: 3
Country: United States
Street Number: 8702
Street Direction Prefix: NW
Street Name: 38th
Street Suffix: Drive
State Or Province: FL
Postal Code: 33065
Subdivision Name: VILLAGE GREEN
Area: 3626
Parcel Number: 484115030630
Zoning: RM-20
Directions: Sample to 85 Ave go north to 38th Drive, Left to property on right
General Property Information
Living Area Main: 6900
Water Frontage Feet: 40
Outdoor Living Spaces YN: Yes
Stories Total: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Year Built: 1986
Waterfront YN: 1
Office/Member Information
DXORIGMLSID: FLL
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2019-10-04T20:00:23Z
Major Change Type: Status Change
Price Change Timestamp: 2019-08-13T17:57:30Z
Status Change Date: 2019-11-08
Under Contract Date: 2019-07-22
Close Date: 2019-10-04
Close Price: 2100000
Flooring
Ceramic Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Special Information
Sold As-Is: 1
Corporate Owned: 1
Co-Ownership
Property Management YN: No
Documents Available
Deposit - Security: 1
Equipment Lists: 1
Investment Analysis: 1
Rent Rolls: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Central: 1
Electric: 1
Separate Meters: 1
Water Access
None: 1
Window Features
Blinds: 1
Construction Materials
Block: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Roof
Barrel: 1
Waterfront Features
Pond: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Showing Requirements
Appointment Only: 1
Tax Information
Tax Reflects No Exemptions: 1
Outdoor Living Spaces
Balcony: 1
Contingencies
Close of Other Property: 1
Concessions
Seller Concessions: Yes
Seller Concessions Amount: 370000
Unit 1 Details
Actual Rent: 15834
Baths Full: 12
Beds Total: 16
Efficiency YN: No
Furnished: Furnished
Hotel Room YN: No
SqFt: 6900
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Parking Features
Open Parking: 1
Price Calculations
Current Price To SqFt: 304.35
Original List Price To Close Price: 1.2
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Financial Information
Tax Annual Amount: 11973
Tax Year: 2018
Tax Legal Description: CORAL SPRINGS VILLAGE GREEN 60-31 B LOT 2 BLK O
Income and Expenses
Net Operating Income: 169777
Operating Expense: 20321
Gross Scheduled Income: 190008
Originating Details
Originating System Key: 511803457
Originating System ID: M00000170
Property Features
Documents Available: Deposit - Security; Equipment Lists; Investment Analysis; Rent Rolls
Flooring: Ceramic Tile
Property Condition: Resale
Construction Materials: Block
Cooling: Ceiling Fan(s); Central Air
Heating: Central; Electric; Separate Meters
Listing Terms: 1031 Exchange; Cash; Conventional
Possession: Negotiable
Roof: Barrel
Sewer: Public Sewer
Special Information: Sold As-Is; Corporate Owned
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available
Water Access: None
Waterfront Features: Pond
Window Features: Blinds
Showing Requirements: Appointment Only
Outdoor Living Spaces: Balcony
Unit 1 Parking Features: Open Parking
Contingencies: Close of Other Property
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Listing Office: Real Estate Consultants of Bro
Last Updated: August - 11 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
