Fantastic Find In The Heart Of Coral Springs! This 7-Unit Property Sits On Nearly Half An Acre And Offers A Prime Corner-Lot Location. The Property Consists Of One Spacious 3 Bedroom, 2.5 Bath Townhome, Four 3 Bedroom, 2-Bath Units, And Two - 2 Bedroom, 2-Bath Units. Current Rents Are Well Below Market, Creating Tremendous Upside Potential. Every Unit Includes Washer And Dryer, A Private Patio Or Balcony, And Separate Electric Meter, Helping Maximize Rental Income. Projected Annual Gross Income Is $240,000, With Total Estimated Annual Expenses Of $68,389. Estimated Expenses Include Landscaping Of $4,800, Insurance Of $12,000, Water Of $5,400, And Electric Of $1,560. All Information Is Believed To Be Accurate But Is Not Guaranteed.
| MLS # | B26050938 |
|---|---|
| Listing Type | For Sale |
| Building Name | 7 Units On Royal Palm Blvd |
| Sub-Type | Resale |
| Status | Active |
| Year | 1987 |
| Days On Site | 108 |
| Listing Provided By | Fidelity Real Estate Group LLC | Carlos A Montoya |
| SQ Feet | 8,407 |
|---|---|
| Story(s) | 2 |
| Units | 7 |
| Building(s) | 1 |
| Zoning | RM-20 |
| Acreage | 0.47 |
| Lot Features | Corner Lot, Quarter To Half Acre Lot |
|---|
| Parking Features | Assigned, Guest |
|---|
| Tax Annual Amount | 44629.8 |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Coral Springs |
| Area | 3626 |
| Subarea | NW41 North Broward 441 To Everglades (3611 3642) |
| Listing VS Median (in ) | |
Price: $2,499,000 low | high Med: $899,999 sqft: 8,407 low | high Med: 3,288 $ / sqft: $297 low | high Med: $274 On site: 108 low | high Med: 89 | |
| State | FL |
|---|---|
| County | Broward |
| City | Coral Springs |
| Area | 3626 |
| Subarea | NW41 North Broward 441 To Everglades (3611 3642) |
| Listing VS Median (in ) | |
Price: $2,499,000 low | high Med: $899,999 sqft: 8,407 low | high Med: 3,288 $ / sqft: $297 low | high Med: $274 On site: 108 low | high Med: 89 | |