1831-1837 NW 94th ave - Apartments FOR SALE


Coral Springs, FL 33071- Outer Coral Springs | 
$1,499,000 USD
561-929-7317
1831-1837 NW 94th ave, Coral Springs, FL for Sale
$1,499,000 USD
Apartments - FOR SALE
1/26
null | 6.61% Cap Rate

1831-1837 NW 94th ave
Coral Springs, FL 33071
Outer Coral Springs


HIGHLIGHTS

  • A+ Location walkable to Coral Square Mall and Dining
  • All units Large 3 Bed 2 Bath
  • All have washers/dryers in unit & Central /AC
  • Upside Potential ($2900 just leased 9/1/2026)
  • 40 Year Recertification just completed and certified
  • 8 Parking Spaces plus additional

OVERVIEW

Amazing Find In One Of Coral Springs’ Most Desirable Multifamily Locations, Within Walking Distance To Coral Square Mall, Restaurants And Shopping! This 4-Plex Features Four Large 3-Bedroom, 2-Bath Units, Approximately 1,000 SF Each, With Central A/C And In-Unit Washers And Dryers. The Property Also Offers 8 Parking Spaces, A Huge Backyard And No HOA. Strong In-Place Rents Of $2,900 ($2900 just leased 9/1/2026), $2,800 , $2,700 And $2,700 Generate $11,100 Per Month And $133,200 In Annual Gross Rental Income, With Additional Upside Potential. Tenants Pay Electric And Cable. Annual Expenses Include Taxes Of $23,267, Estimated Insurance Of $7,500, Water/Sewer Of $2,160 And Lawn Maintenance Of $1,200, For Total Estimated Annual Expenses Of $34,127. 40 Year Recertification Just Completed and Certified. All information is believed to be accurate but is not guaranteed.

FOR SALE DETAILS

PRICE

$1,499,000 USD

PRICE/SF

$375 USD /SF

# OF UNITS

4

PRICE/UNIT

$374,750

CAP RATE

6.61%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4-Plex | all 3BR/2BA Near Mall

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

PARKING SPACES

8

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

48-41-28-01-2340

ASK ABOUT THIS PROPERTY

Rodger P Morelli, MBARPM Luxe RealtyMore Info
561-929-7317

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Rodger P Morelli, MBARPM Luxe RealtyMore Info
561-929-7317

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.