FL > Coral Springs > Coral Spgs Sub 1 59-30 B
Coral Springs, FL 33065,3502 Riverside Dr
Coral Springs, FL 33065,3502 Riverside Dr
Coral Springs, FL 33065,3502 Riverside Dr
Coral Springs, FL 33065,3502 Riverside Dr
Coral Springs, FL 33065,3502 Riverside Dr
Coral Springs, FL 33065,3502 Riverside Dr
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Cameron Scott

Cameron Scott

+1(954) 995-4711
$ 899,000
Est. payment | /mo

2,513 SqFt

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$ 899,000
Est. payment | /mo
Save Virtual Tour

2,513 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,513 sqft

Price per Sqft $357

Subdivision Coral Spgs Sub 1 59-30 B

MLS Listing ID F10542493

Style Triplex

Construction Status Resale

Year Built 1973

Annual Tax Amount $12,903

Tax Year 2024

Property Sub-Type Triplex

Property Description

Fully leased and income-producing triplex in highly desirable Coral Springs. Excellent opportunity for an investor seeking immediate cash flow in a strong rental market. Property is fully occupied and generates approximately $72,000 in gross annual rent. Estimated total landlord expenses including taxes are approximately $20,000 annually, producing an estimated Net Operating Income of approximately $52,000. Based on an estimated market value of $900,000, this property offers an approximate 5.8% cap rate.

Each unit enjoys on-site parking, private yard space, and the property backs up to a canal, offering added privacy and appeal for long-term tenant retention. Located in a sought-after residential community near shopping, major roadways, parks, and schools.

Location

State FL

County Broward County

Area North Broward 441 To Everglades (3611-3642)

Zoning RM-20

Interior

Heating Central Heat, Electric Heat

Cooling Central Cooling, Electric Cooling

Flooring Tile Floors

Exterior

Waterfront Description Canal Front

Water Access Desc Other

Roof Type Curved/S-Tile Roof

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Concrete Block Construction, Cbs Construction

Sewer Municipal Sewer

Water Municipal Water

Construction Status Resale

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition As Is

Virtual Tour https://www.propertypanorama.com/3502-Riverside-Dr-Coral-Springs-FL-33065/unbranded

BeachesMLS Matrix (RAPB-F prefix)
Listed by Coldwell Banker Realty

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Cameron Scott

+1(954) 995-4711

cameron@iloverealestate.us

1625 SE 17th St Causeway, Fort Lauderdale, FL, 33316

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