$1,100,000
Coral Springs, FL 33065
MLS# R10451530
Status: Closed
5580 sqft
1 / 18
Property Description
An outstanding turnkey investment opportunity with a cap rate of 10.9% in a very nice area of Coral Springs! The entire 5 unit building was completely renovated the end of 2015. Tile in every room, granite in kitchens and bathrooms, stainless steel appliances, AC's, water heaters, landscaping, paint (inside and out), 6 foot privacy fence and hurricane windows. All of the units come fully furnished, including living room, dining room, bedrooms, TV's, kitchen and bathroom ware. Owner pays for electric, water, cable, garbage and lawn. Tenant is one company, one check. They just renewed in June for another year. This won't last!!!
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2018-07-30
Status: Closed
Original List Price: 1099000
Sold Price: $1,100,000
Current Price: $1,100,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Coral Springs
Postal Zip: 33065
Geographic Area: NW41 - North Broward 441 To Everglades (3611-3642)
Street Number: 8704
Street Direction Prefix: NW
Street Name: 38th Dr
State Or Province: FL
Postal Code: 33065
Subdivision Name: CORAL SPRINGS VILLAGE GRE
Area: 3622
Parcel Number: 484115031873
Zoning: MULTI FA
Directions: University Blvd and Sample Rd.
General Property Information
Number Of Units Total: 5
Living Area Main: 5580
Lot Size Dimensions: 11996X
Senior Community YN: No
Stories: 1
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 5580
Building Area Source: Public Records
Year Built: 1971
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2018-09-07T00:30:26Z
Major Change Type: Status Change
Status Change Date: 2018-09-06
Under Contract Date: 2018-09-03
Close Date: 2018-09-06
Close Price: 1100000
Association Amenities
None: 1
Flooring
Ceramic Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
Copy Of Lease(s): 1
Fencing
Fenced: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: No
Tenant Pays
None: 1
Possession
Negotiable: 1
Utilities
Water Available: 1
Heating
Central: 1
Electric: 1
Sprinkler Description
Auto Sprinkler: 1
Water Access
None: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Road Frontage Type
West of US-1: 1
Roof
Spanish Tile: 1
Water Source
Public: 1
Income and Expenses
Annual Total Expense: 0
Gross Income: 0
Source Of Expenses
Owner Provided: 1
Cooling
Central Air: 1
Electric: 1
Restrictions
No Restrictions: 1
Tax Information
No Homestead: 1
Contingencies
None: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 0
Baths Full: 1
Beds Total: 2
Furnished: Furnished
SqFt: 1116
Unit 1 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 1 Parking Features
Parking Space: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 900
Baths Full: 1
Beds Total: 2
Furnished: Furnished
SqFt: 1116
Unit 2 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 2 Parking Features
Parking Space: 1
Unit 3 Appliances
Range: 1
Refrigerator: 1
Unit 3 Details
Actual Rent: 0
Baths Full: 1
Beds Total: 2
SqFt: 1116
Unit 3 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 4 Appliances
Range: 1
Refrigerator: 1
Unit 4 Details
Actual Rent: 0
Baths Full: 1
Beds Total: 2
SqFt: 1116
Unit 4 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Price Calculations
Current Price To SqFt: 197.13
Original List Price To Close Price: 0.99
Financial Information
Tax Annual Amount: 10599.8
Tax Year: 2017
Tax Legal Description: Coral Springs Village Green 60-31 B Lot 3 BLK O
Originating Details
Originating System Key: 20180726222441929034000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: Copy Of Lease(s)
Fencing: Fenced
Flooring: Ceramic Tile
Property Condition: Resale
Tenant Pays: None
Source Of Expenses: Owner Provided
Construction Materials: CBS
Cooling: Central Air; Electric
Heating: Central; Electric
Listing Terms: Cash; Conventional
Possession: Negotiable
Restrictions: No Restrictions
Road Frontage Type: West of US-1
Roof: Spanish Tile
Sprinkler Description: Auto Sprinkler
Tax Information: No Homestead
Utilities: Water Available
Water Access: None
Water Source: Public
Unit 1 Appliances: Range; Refrigerator
Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 1 Parking Features: Parking Space
Unit 2 Appliances: Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 2 Parking Features: Parking Space
Unit 3 Appliances: Range; Refrigerator
Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 4 Appliances: Range; Refrigerator
Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Contingencies: None
Listing Office: United Realty Group Inc
Last Updated: August - 06 - 2026
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