Coral Spgs Sub 1 59 30 B Triplex For Sale
3502 Riverside Dr, Coral Springs, FL 33065

$899,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:F10542493
  • Virtual Tour: YES
  • List Price: $899,000
  • Living Area: 2513 Ft² / 233 M²
  • Price Per Foot/Meter: $358 / $3,851
  • Taxes:$12,903
  • Year Built:1973
  • Waterfront:YES
  • Listing Date:December 26, 2025
  • Days On Market:4
  • Total Units:3

Description


Fully leased and income-producing triplex in highly desirable Coral Springs. Excellent opportunity for an investor seeking immediate cash flow in a strong rental market. Property is fully occupied and generates approximately $72,000 in gross annual rent. Estimated total landlord expenses including taxes are approximately $20,000 annually, producing an estimated Net Operating Income of approximately $52,000. Based on an estimated market value of $900,000, this property offers an approximate 5.8% cap rate. Each unit enjoys on-site parking, private yard space, and the property backs up to a canal, offering added privacy and appeal for long-term tenant retention. Located in a sought-after residential community near shopping, major roadways, parks, and schools.

Features


  • Waterfront:CanalFront, Other
  • Floor:Tile
  • Exterior Feature:

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker