Description

Great investment opportunity in Coral Springs. Fully leased quadruplex generating $10,050 monthly income ($120,600 annually).

Property features 4 units:
– 3 units: 3 bedrooms / 1.5 bathrooms
– 1 unit: 3 bedrooms / 1 bathroom

Units are renovated and include washer and dryer. Strong rental demand area with potential rent increase through Section 8 adjustments.

Excellent income-producing property for investors.

Address

Open on Google Maps

Address: 116th Ter
City: Coral Springs
State/county: Broward County
Zip/Postal Code: 33065
Area: CASTLEWOOD

Details

Updated on March 19, 2026 at 2:31 am

Property ID A11939192
Price $1,249,000
Property Size 3819 Square Feet
Year Built 1976
Type Quadruplex
Property Status Residential Income

Additional details

ArchitecturalStyle Attached
BuildingAreaTotal 10000
BuildingAreaUnits Square Feet
BuildingName CASTLEWOOD
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2026-01-01
Cooling Central Air, Electric
DaysOnMarket 75
DocumentsAvailable Deposit - Last Months Rent, Financial Statement, Investment Analysis, Inventory, Copy Of Lease(S), Other Available Information, Rent Rolls
ExpirationDate 2026-06-30
Flooring Ceramic Floor
Heating Central, Electric
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-815-7474
ListingTerms All Cash, Conventional, Cryptocurrency
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Castlewood
MajorChangeTimestamp March 18, 2026 at 03:31pm
MajorChangeType Price Decrease
MlsStatus Active
ModificationTimestamp March 18, 2026 at 03:31pm
NumberOfUnitsInCommunity 4
NumberOfUnitsTotal 4
OnMarketDate 2026-01-01
OriginalEntryTimestamp January 5, 2026 at 09:56pm
OriginalListPrice 1290000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 484117060640
ParkingTotal 10
PhotosChangeTimestamp January 6, 2026 at 09:16pm
PhotosCount 4
Possession Funding
PostalCodePlus4 7006
PreviousListPrice 1290000
PriceChangeTimestamp March 18, 2026 at 03:31pm
PublicSurveyRange 48
PublicSurveySection 17
PublicSurveyTownship 48
RentIncludes Gardener, Sewer, Trash Collection, Water
Roof Barrel Roof
Sewer Public Sewer
ShowingInstructions 24 Hour Notice
SourceSystemKey 424937383
StateOrProvince FL
StatusChangeTimestamp January 6, 2026 at 03:49pm
Stories 1
StoriesTotal 1
StreetDirPrefix NW
StreetName 116th Ter
StreetNumber 3775
StreetNumberNumeric 3775
StructureType Quadruplex, Fourplex
SyndicationRemarks Great investment opportunity in Coral Springs. Fully leased quadruplex generating $10, 050 monthly income ($120, 600 annually). Property features 4 units: - 3 units: 3 bedrooms / 1.5 bathrooms - 1 unit: 3 bedrooms / 1 bathroom Units are renovated and include washer and dryer. Strong rental demand area with potential rent increase through Section 8 adjustments. Excellent income-producing property for investors.
TaxAnnualAmount 23358
TaxLegalDescription CASTLEWOOD 71-37 B LOT 15 BLK E
TaxYear 2024
TotalActualRent 91800
YearBuiltDetails Resale
Zoning RM-15