3775 NW 116th Terrace 1-4, Coral Springs, FL 33065
CASTLEWOOD · Broward County
Key Facts
Description
Fantastic Find!!! Money-Making 4-Plex In The Heart Of West Coral Springs. Grossing $10,250 Per Month With Room To Grow. Four Large 3-Bedroom Units, Strong Rents, Updated Interiors, In-Unit Washers And Dryers, Plenty Of Parking, And A Prime Location Next To A City Park With Beautiful Views. Recent Updates Include Newer Kitchens, Renovated Bathrooms, Laminate Flooring, And Select Units With Granite Counters And Stainless-Steel Appliances. Strong Income-Producing Multifamily Property In One Of Coral Springs' Most Desirable Rental Areas. Annual Expenses Include Taxes: $23368, Water: $4560, Estimated Insurance: $7500, Estimated Lawn: $900. Trash Is Included In Taxes. Total Estimated Expenses Are $36328, Offering Almost A 7 Cap.
Property Information
Property Type
Residential Income
Sub-Type
Quadruplex
Structure Type
Quadruplex
Year Built
1975
Stories
1
Living Area
3,819 sq ft
Lot Size
0.23 acres
Parking Spaces
8
Zoning
RM-15
MLS® Listing#
B26039314
Property Features
Exterior
Cooling
Heating
Flooring
Lot Features
Construction
Roof
Utilities
Sewer
Water Source
Schools
- Elementary:
- Coral Springs
- Middle:
- Coral Springs
- High:
- Coral Glades
Financial Details
HOA
None
Annual Taxes
$23,368
Tax year 2025
Assessed Value
$969,510
Parcel Number
484117060640
Affordability Calculator
$249,800
Estimated monthly payment
$6,648/mo
Principal $999,200 · Est. interest $1,393,973 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Coral Springs, FL
- $393,519
- Median Listing Price
- 98
- Median Days on Market
- 1,723
- Median Sq Ft
- $237
- Median Price / Sq Ft
- 6,878
- Active Listings
- This home’s price is 217% above the area median.
- Its price per sq ft is 38% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Coral Springs, FL.
Location
Points of Interest in Coral Springs, FL
Showing the Coral Springs area map.
Nearby Schools
Beyond Play
School · 0.4 mi away
Coral Springs Pre K-8
School · 0.6 mi away
Coral Springs Elementary School
Elementary · 0.6 mi away
Kid's University
School · 0.7 mi away
Sawgrass Springs Middle School
Secondary · 0.9 mi away
Alphabetland
School · 1.0 mi away
Coral Springs Preschool
School · 1.1 mi away
Coral Springs Middle School
Secondary · 1.2 mi away
Coral Glades High School
Secondary · 1.3 mi away
Parkside Elementary
Elementary · 1.3 mi away
Atlantis Academy
School · 1.3 mi away
Westchester Elementary School
Elementary · 1.3 mi away
Excelsior Arts Preparatory School
Elementary · 1.4 mi away
North Broward Preparatory School
School · 1.4 mi away
Eagle Ridge Elementary School
Elementary · 1.5 mi away
Coral Springs Community Church
School · 1.5 mi away
Academic Solutions Academy A
Secondary · 1.5 mi away
Christian Life Center
School · 1.5 mi away
Discovery Middle Charter School
Elementary · 1.6 mi away
St Andrew Catholic School
School · 1.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3304 Kismet Parkway W, Cape Coral, FL | $874,900 | 4 | 3 | 2,207 |
| 101 READ STREET, TARPON SPRINGS, FL | $874,900 | 4 | 4 | 2,912 |
| 9346 Spanish Moss Way, Bonita Springs, FL | $874,900 | 4 | 3 | 3,233 |
| 4818 Regal Drive, Bonita Springs, FL | $874,900 | 4 | 2 | 1,209 |
| 4203 Pelican Boulevard, Cape Coral, FL | $874,900 | 4 | 4 | 2,882 |
| 3122 SE 18TH PLACE, CAPE CORAL, FL | $874,900 | 3 | 3 | 2,020 |
Moving Cost Estimate
EXIT Agents in Coral Springs
Listing Courtesy: Fidelity Real Estate Group LLC - 9543459144
The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.