Interior
- Bathrooms
- 0
- Living area
- 8,154 sq ft
- Flooring
- Tile
- Cooling
- Central Air, Ceiling Fans
- Heating
- Central
- Interior features
- Main Living Area Entry Level
Active · Condominium
$2,250,000
11676 NW 45th Street, Coral Springs, FL 33065
- Beds
- —
- Baths
- 0
- Living area
- 8,154 sq ft
- $ / sq ft
- $276/sq ft
- Year built
- 1984
- Lot size
- 22,028 sq ft
- HOA fee
- —
- Annual tax
- $35,758
About this property
RARE MULTIFAMILY INVESTMENT OPPORTUNITY IN CORAL SPRINGS! This well-maintained 2-story, 8-unit multifamily property offers 16 bedrooms and 16 bathrooms and is situated on a spacious approximately half-acre lot in a desirable Coral Springs location. All 8 units are currently occupied, providing an established rental history and immediate income for the next owner. The property features a roof installed in 2021, 17 dedicated parking spaces, and two separate laundry rooms offering an additional income stream. With attractive curb appeal and a well-maintained exterior, this property offers a practical setup for investors looking to add a stabilized multifamily asset to their portfolio. Conveniently located near shopping, dining, everyday amenities, and major highways.
Property location
Get Directions11676 NW 45th Street, Coral Springs, FL 33065
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1984
- Stories
- 2
- Lot size
- 22,028 sq ft
- Architectural style
- One Story, Two Story, Fourplex
- Roof
- Barrel, Spanish Tile, Tile
- Construction
- Aluminum Siding, CBSConcrete Block Structure, Block, Stucco
- Exterior features
- Balcony, Courtyard, Enclosed Porch, Fence, Patio
- Pool
- None
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Association fee
- $0
- Pets allowed
- No
- Annual tax
- $35,758
- Subdivision
- GLENWOOD SUBDIVISION
- County
- Broward
- Days on market
- 128
- MLS listing ID
- B26038008
- 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
$3,820
- Cap rate
- 7.7%
- Net yield
- 7.7%
- Cash-on-cash return
- 7.3%
- Gross yield
- 11.1%
- Mortgage payment
- $10,666/mo
- Down payment
- $562,500
- Loan amount
- $1,687,500
- Annual NOI
- $173,834
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.