$1,300,000
$1,400,000
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8550 NW 40th St Coral Springs, FL 33065
4,547 SqFt
Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,547 sqft
Price per Sqft $285
Subdivision Coral Springs Village Gre
MLS Listing ID A11363315
Sold Date 07/13/23
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1998
Annual Tax Amount $17,719
Tax Year 2022
Contingent Pending Inspections
Property Description
Beautiful lakefront multifamily property located in the heart of Coral Springs. All units are three bedrooms with two full bathrooms. This is a great investment property. Across the lake is a brand new million-dollar k hovnanian homes single family community. Property is currently tenant occupied on a month-to-month basis. Rents are below market so there is a huge potential for a great upside to increase monthly rents to current rental rates. New roof was installed on the property in 2020. One unit is leased until 9/2023. Property is being well-maintained. This is the perfect long term investment property for a seasoned investor or new investor, or a homeowner. PLEASE DO NOT DISTURB TENANTS. Contact listing agent directly for more information.
Location
State FL
County Broward County
Community Coral Springs Village Gre
Area 3622
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront Description Lake Front
Roof Type Other
Total Parking Spaces 8
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 484115050270
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash
Special Listing Condition Listed As-Is
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Bought with LoKation