Castlewood 71 37 B Fourplex For Sale
3501 Nw 114th Ln, Coral Springs, FL 33065

$1,499,999
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:F10512073
  • Virtual Tour: YES
  • List Price: $1,499,999
  • Living Area: 4464 Ft² / 415 M²
  • Price Per Foot/Meter: $336 / $3,617
  • Taxes:$25,094
  • Year Built:1988
  • Listing Date:June 26, 2025
  • Days On Market:16
  • Total Units:4

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.

Features


  • Floor:Tile
  • Exterior Feature:

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker