3501 NW 114th Lane, Coral Springs, FL 33065
- $1,380,000
- 4,464
- SqFt
- Sold Price
- $1,380,000
- List Price
- $1,499,999
- Days on Market
- 158
- Closing Date
- Jan 29, 2026
- MLS#
- F10512073
- Sq. Ft
- 4,464
- Subtype
- Quadruplex
- County
- Broward
- Subdivision
- Castlewood 71-37 B
- Year Built
- 1988
Property 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.
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Additional Information
- Construction
- Block
- Cooling
- Central Air, Ceiling Fan(s)
- Flooring
- Tile
- Heating
- Central, Separate Meters
- Restrict
- OtherRestrictions
- Roof
- Spanish Tile
- Taxes
- $25,094
- Utilities
- Cable Available
- Stories
- 2
- Price Per Sqft
- $309
Mortgage Calculator
Listing courtesy of Lifestyle International Realty. Contact:
Selling Office: Double Pines Realty, LLC.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Yairo Rincon | Email: yairorealestate@gmail.com