Interior
- Bathrooms
- 0
- Living area
- 3,852 sq ft
- Flooring
- Ceramic Tile, Vinyl
- Cooling
- Central Air, Electric
- Heating
- Central, Electric
Active · Quadruplex
$1,195,000
4115 Riverside Drive 1-5, Coral Springs, FL 33065
- Beds
- —
- Baths
- 0
- Living area
- 3,852 sq ft
- $ / sq ft
- $310/sq ft
- Year built
- 1969
- Lot size
- 10,752 sq ft
- HOA fee
- —
- Annual tax
- $21,644
About this property
A 5 UNIT APT BUILDING. The information listed, including, sq/fr, taxes, income, insurance, expenses and others, are estimated, and thefore not guaranteed. A one of a kind 5 PLEX, consisting of 2 units of 2/1's and 3 untis of 1/1's. All units have been renovated. The building is 100% leased with a mix of month to month and annual leases. The building is zoned for AirBnB per the city of Coral Springs. Gross income: $100,200 (including community laundry) Expenses: $28,000 aprox. WIth a NOI over $73,900k. Producing a CAP of over 5.8%. NOT CONTIGENT TO APPRAISAL.
Property location
Get Directions4115 Riverside Drive 1-5, Coral Springs, FL 33065
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Facts & features
Exterior & Structure
- Property type
- Quadruplex
- Year built
- 1969
- Lot size
- 10,752 sq ft
- Architectural style
- Fourplex
- Roof
- Barrel
- Construction
- Block, Stucco
- Exterior features
- Patio
- Pool
- None
- View
- Garden
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Amenities
- None
- Annual tax
- $21,644
- Subdivision
- CORAL SPRINGS SUB NO 1
- County
- Broward
- Days on market
- 281
- MLS listing ID
- R11152708
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
$1,032
- Cap rate
- 6.7%
- Net yield
- 6.7%
- Cash-on-cash return
- 3.7%
- Gross yield
- 10.3%
- Mortgage payment
- $5,665/mo
- Down payment
- $298,750
- Loan amount
- $896,250
- Annual NOI
- $80,367
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.