Florida
Coral Springs
3501 NW 114th Ln

$1,499,999

3501 NW 114th Ln, Coral Springs, FL 33065

4,464 sqft

Multi-Family Home
Built in 1988
—— sqft lot
—— car garage
$336/sqft
Listed 13 days ago

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.

Listing Status:: Active
Date Added:: June 26, 2025 at 05:00AM
Listing Office:: Lifestyle International Realty : (305) 809-8085
Listing Agent:: Yairo Rincon : (954) 842-0980
MLS ID:: F10512073

Flooring: Tile
A/C: Central AirCeiling Fan(s)
Heating: Central

This listing courtesy of Yairo Rincon, Lifestyle International Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Coral Springs PK-8 School

3601 NW 110th Ave, Coral Springs, FL, 33065

Grades PK-5

0.51 miles away

Sawgrass Springs Middle School

12500 W Sample Rd, Coral Springs, FL, 33065

Grades 6-8

0.92 miles away

Coral Glades High School

2700 Sportsplex Dr, Coral Springs, FL, 33065

Grades 9-12

1.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.