1. John DeSalvio, REALTOR ®

4291 114th Ter, Coral Springs, FL 33065

Priced at Only: $1,750,000

Would you like to sell your home before you purchase this one?

  • MLS#: F10424263 ( Commercial/Industrial )
  • Street Address: 4291 114th Ter
  • Viewed: 15
  • Price: $1,750,000
  • Price sqft: $271
  • Waterfront: Yes
  • Wateraccess: Yes
  • Year Built: 1989
  • Bldg sqft: 6468
  • Days On Market: 276
Description
Don't Miss Out The Opportunity Own This Amazing 2 Story 5 Unit Coral Springs Water Front Property On Over A Quarter Acre! Units Consist Of Four 3 Bedroom 2 Bath Units + A Spacious 2 Bedroom 2 1/2 Bath Townhome. All Units Have Washer/Dryer Hookups. Building Has A Newer Roof (About 7 Years Old). Upstairs Units Have Private Balconies With Panoramic Views Of The Water. All Units Are Currently Occupied With An Annual Gross Income Of $139,200. Total Expenses Are $46,047. Expenses Include: Taxes $19,847 Landscaping: $1,200 Insurance: $22,000 Water: $3,000. With A Net Income Of $93,153. This Is A Must See.
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  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

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Features
Building and Construction
  • Construction Type: Concrete Block Construction
  • Floor Description: Tile Floors
  • Num Stories: 2.0000
  • Roof Description: Tile Roof
  • Typeof Building: Commercial
  • Year Built Description: Resale
Property Information
  • Property Description: 5 Units On Over A Quarter Acre
  • Transaction Type Mlx: Sale
  • Typeof Property: Income/Multi-Family
Land Information
  • Lot Sq Footage: 16261
  • Total Acreage: 0.3733
Garage and Parking
  • Parking Description: Assigned Parking
Eco-Communities
  • Environmental Audit: None
  • Water Description: Public Water
Utilities
  • Cooling Description: Central Building A/C
  • Electric Service: Separate Meters
  • Heating Description: Central Individual A/C
  • Num Toilets: 11
  • Sewer Description: Other Sewer
  • Utility Expense: 3000
Finance and Tax Information
  • Assoc Fee Paid Per: None
  • Dade Assessed Amt Soh Value: 814040
  • Dade Market Amt Assessed Amt: 814040
  • Expense Amount: 46047
  • Insurance Expense: 22000
  • Net Operating Income: 93153
  • Sourceof Expenses: Owner Provided
  • Tax Year: 2023
  • Total Expenses: 46047
Other Features
  • Board Identifier: BeachesMLS
  • Geographic Area: North Broward 441 To Everglades (3611-3642)
  • Information Available: Aerial Photo(S), Photos, Rent Rolls
  • Legal Description: GLENWOOD SUBDIVISION 69-33 B LOT 13 BLK C
  • Locationof Property: Inside Lot
  • Miscellaneous Expense: 1200
  • Occupancy Percentage: 100.0000
  • Parcel Number Mlx: 0790
  • Parcel Number: 484117020790
  • Possession Information: Funding
  • Postal Code + 4: 7127
  • Sale Includes: Building & Land
  • Section: 17
  • Views: 15
  • Zoning Information: RM-15
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