3502 Riverside Dr

Baths
2,513 Sq. Ft.
$358 / Sq. Ft.
2,513
Sq. Ft.
$358
per Sq. Ft.

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...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. Strong demand area with consistent rental history. This is a turn-key multifamily asset offering dependable performance and long-term appreciation potential. Investors only; do not disturb tenants. Showings by appointment only.
  1. Listed by Patrick Barnicle • Brokerage DRE #2026526 • Coldwell Banker Realty
    P: (954)-426-7653 C: (954)-426-7653 patrick.barnicle@cbrealty.com

Property Details for 3502 Riverside Drive

Waterfront Details
Other, Canal Front
Waterfront
Yes
Style
WF/No Ocean Access
Year Built Numeric
1973
Subdivision
Coral Spgs Sub 1 59-30 B
LISTING UPDATED: 02/19/2026 08:21 PM

Property Details for 3502 Riverside Drive

StatusActive
MLS #F10542493
Days on Market83
Taxes$12,903 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1973
Lot Size-
CountyBroward County

Location

Listing Courtesy of Coldwell Banker Realty
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Building Information for 3502 Riverside Drive

Stories1Residences-Year Built1973Building Size-Lot Size-

Payment Calculator

$5,438 per month

30 year fixed, 6.11% Interest

Principal and Interest

$4,363

Property Taxes

$1,075

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3502 Riverside Drive

Summary
Location and General Information
  • Area: 3622
  • City and Location Text: Coral Springs
  • County Land Code: Broward County
  • County Or Parish: Broward County
  • Geo Lat: 26.273663
  • Information Available: Rent Rolls
  • MLS Area: 3622
  • MLS Sub Area: NW41 - North Broward 441 To Everglades (3611-3642), NW41, North Broward 441 To Everglades (3611-3642)
  • Postal Code: 33065
  • State: FL
  • Street #: 3502
  • Subdivision Complex Bldg: Coral Spgs Sub 1 59-30 B
  • Complex Name: Coral Spgs Sub 1 59-30 B
  • Water Access: Other
  • Waterfrontage: 74
  • Zoning: RM-20
Taxes and HOA Information
  • Association Fee: $0
  • Legal Desc: CORAL SPRINGS SUB NO 1 59-30 B LOT 15 BLK Y
  • Parcel ID: 484114015580
  • Parcel Number MLX: 5580
  • Tax Information: No Homestead
  • Tax Year: 2024
  • Total Assessed Value: $517,800.00
  • Type of Association: Other Type of Association
Property
Lot Information
  • Acreage Description: Less Than 1/4 Acre Lot
  • Property Condition: Resale
  • Special Info: Sold As-Is
  • Sq Ft Liv Area: 2513.0
  • Total Floors in Bldg: 1.00
  • Property Type: Residential Income, Triplex
Property and Assessments
  • Avail Docs: Rent Rolls
  • Construction Type: Triplex, Spanish Tile, Resale, Block, CBS
  • Document Count: 0
  • Legal Description: CORAL SPRINGS SUB NO 1 59-30 B LOT 15 BLK Y
  • Management Co: No
  • Type of Governing Bodies: Other Type of Association
  • Type: Triplex
  • Year Built Description: 1973
Utilities
  • Cable Available: Yes
  • Electric Service: True
  • On Site Utilities: Cable Available
  • Sewer Description: Public Sewer
  • Utilities: Cable Available
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: Yes
  • Construction: Block, CBS
  • Exterior Features: Balcony
  • Gated Community YN: No
  • Guest Accommodations: No
  • Private Pool: No
  • Roof: Spanish Tile
  • Roof Description: Spanish Tile
  • Patio And Porch Features: Porch
Interior Features
  • Baths Total: 0
  • Column Description: Block, CBS
  • Cooling: Central Air, Electric
  • Flooring: Tile
  • Heating: Central, Electric, Separate Meters
  • Heating Description: Separate Meters, Central, Electric
  • Num Stories: 1
  • Numof Units: 3
  • PatioFeatures: Balcony, Porch
  • Stories: 1.0
Multi Family
Multi Family Information
  • Unit Count: 3
Income & Expenses
  • Maintenance Includes: Water
  • Exp Incl Pool Service: No
Unit Information
Unit 1
  • Appliances: Range, Refrigerator
  • Parking Features: Parking Space
  • Lease Term: Month To Month
  • Actual Rent: $2,500.00
  • Baths Full: 2
  • Baths Half: 0
  • Beds Total: 3
  • Efficiency YN: No
Unit 2
  • Appliances: Range, Refrigerator
  • Parking Features: Parking Space
  • Currently Leased YN: Yes
  • Actual Rent: $2,000.00
  • Baths Full: 2
  • Baths Half: 0
  • Beds Total: 2
Unit 3
  • Appliances: Refrigerator, Range
  • Parking Features: Parking Space
  • Lease Term: Month To Month
  • Actual Rent: $1,450.00
  • Baths Full: 1
  • Baths Half: 0
  • Beds Total: 1
Rental
Rental Information
  • DXORIGMLNO: FLL
  • Pets on Premises: Yes
  • Pets On Premises YN: Yes
  • Possession Information: Close Of Escrow, Negotiable

Property History for 3502 Riverside Drive

DateEvent & SourcePriceAppreciation
Dec 26, 2025

Listed (Active)

Beaches MLS #F10542493

$899,000
Sep 24, 2025

Cancelled

Beaches MLS #F10506307

$951,000
Jun 3, 2025

Listed (Active)

Beaches MLS #F10506307

$951,000
Mar 12, 2018

Sold

Beaches MLS #F10103167

$415,000
Jan 29, 2018

Pending

Beaches MLS #F10103167

Jan 17, 2018

Cancelled

Beaches MLS #F10073739

$399,000
Jan 17, 2018

Listed (Active)

Beaches MLS #F10103167

$399,000
Jun 27, 2017

Listed (Active)

Beaches MLS #F10073739

$399,000
DateEvent & SourcePrice
12/26/2025

Listed (Active)

Beaches MLS #F10542493

$899,000
09/24/2025

Cancelled

Beaches MLS #F10506307

$951,000
06/03/2025

Listed (Active)

Beaches MLS #F10506307

$951,000
03/12/2018

Sold

Beaches MLS #F10103167

$415,000
01/29/2018

Pending

Beaches MLS #F10103167

01/17/2018

Cancelled

Beaches MLS #F10073739

$399,000
01/17/2018

Listed (Active)

Beaches MLS #F10103167

$399,000
06/27/2017

Listed (Active)

Beaches MLS #F10073739

$399,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3502 Riverside Drive

Taxable ValueLand$52,490Additions$379,670Total$432,160
Tax Record2022$11,288 ($941 / month)
Home Facts
Total Finished SqFt2,513 SqFtAbove Grade Finished SqFt2,513 SqFtStories1Lot Size7,499 SqFtStyleTriplexYear Built1973Year Renovated1980ZoningRM-20CountyBROWARDAPN48-41-14-01-5580

Schools near 3502 Riverside Drive

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
James S. Hunt Elementary School
PublicPK to 5

Forest Glen Middle School
Public6 to 8

Coral Springs High School
Public9 to 12

City Of Coral Springs Charter School
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3502 Riverside Drive is a multi-family home for sale in Coral Springs, FL 33065. This property was listed for sale on December 26, 2025 by Coldwell Banker Realty, it's currently listed at $899,000. It has been on the market for a total of 83 days and was last sold on March 12, 2018. This listing's school district is Broward. Nearby schools include James S. Hunt Elementary School, Forest Glen Middle School and Coral Springs High School. 3502 Riverside Drive is a 6-bed, 0-bath, 2,513 sqft multi-family home built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.