Fully leased and income-producing triplex in highly desirable Coral Springs. Excellent opportunity for an investor seeking immediate cash flow in a strong rental market. Property is fully occupied and generates approximately $72,000 in gross annual rent. Estimated total landlord expenses including taxes are approximately $20,000 annually, producing an estimated Net Operating Income of approximately $52,000. Based on an estimated market value of $900,000, this property offers an approximate 5.8% cap rate.
Each unit enjoys on-site parking, private yard space, and the property backs up to a canal, offering added privacy and appeal for long-term tenant retention. Located in a sought-after residential community near shopping, major roadways, parks, and schools. Strong demand area with consistent rental history.
This is a turn-key multifamily asset offering dependable performance and long-term appreciation potential. Investors only; do not disturb tenants. Showings by appointment only.
For sale
$899,000
3502 Riverside Dr, Coral Springs, FL 33065
--beds
--baths
2,513sqft
Est.:
Triplex
Built in 1973
-- sqft lot
$-- Zestimate®
$358/sqft
$-- HOA
What's special
On-site parkingPrivate yard space
- 11 days |
- 117 |
- 3 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: January 02, 2026 at 08:56am
Listed by:
Patrick Barnicle 954-426-7653,
Coldwell Banker Realty
Source: BeachesMLS ,MLS#: F10542493
Originating MLS: Beaches MLS
Tour with a local agent
Facts & features
Interior
Heating
- Central, Electric
Cooling
- Central Air, Electric
Features
- Flooring: Tile
Interior area
- Total interior livable area: 2,513 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
Features
- Stories: 1
- On waterfront: Yes
- Waterfront features: Canal Front
- Frontage length: Waterfront Frontage: 74
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 484114015580
- Zoning: RM-20
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Concrete, Cbs Construction
- Roof: Curved/S-Tile Roof
Condition
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Coral Spgs Sub 1 59-30 B
HOA
- Has HOA: No
Location
- Region: Pompano Beach
Financial & listing details
- Price per square foot: $358/sqft
- Tax assessed value: $517,800
- Annual tax amount: $12,903
- Date on market: 12/26/2025
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/26/2025 | Listed for sale | $899,000-5.5%$358/sqft |
Source: | ||
| 9/22/2025 | Listing removed | $951,000$378/sqft |
Source: | ||
| 6/3/2025 | Listed for sale | $951,000+129.2%$378/sqft |
Source: | ||
| 3/12/2018 | Sold | $415,000$165/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$6,062/mo
Principal & interest
$4264
Property taxes
$1483
Home insurance
$315
Climate risks
Neighborhood: 33065
Nearby schools
GreatSchools rating
- 7/10James S. Hunt Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Forest Glen Middle SchoolGrades: 6-8Distance: 1.5 mi
- 6/10Coral Springs High SchoolGrades: 9-12Distance: 0.9 mi
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