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.
For sale
$1,499,999
3501 NW 114th Ln, Coral Springs, FL 33065
12beds
8baths
4,464sqft
Est.:
Quadruplex
Built in 1988
-- sqft lot
$1,410,400 Zestimate®
$336/sqft
$-- HOA
What's special
Ample parkingIn-unit laundry
- 46 days
- on Zillow |
- 334 |
- 29 |
Zillow last checked: 7 hours ago
Listing updated: June 26, 2025 at 02:30pm
Listed by:
Yairo Rincon 954-842-0980,
Lifestyle International Realty
Source: BeachesMLS ,MLS#: F10512073
Originating MLS: Beaches MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Features
- Flooring: Tile
Interior area
- Total interior livable area: 4,464 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
Features
- Stories: 2
Lot
- Features: 1/4 To Less Than 1/2 Acre Lot
Details
- Parcel number: 484117061400
- Zoning: RM-15
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Cbs Construction
- Roof: Curved/S-Tile Roof
Condition
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Castlewood 71-37 B
HOA
- Has HOA: No
Location
- Region: Coral Springs
Financial & listing details
- Price per square foot: $336/sqft
- Tax assessed value: $1,059,070
- Annual tax amount: $25,094
- Date on market: 6/26/2025
- Listing terms: Cash,Conventional
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