3775 Northwest 116th Terrace

Coral Springs, FL 33065

$1,520,000
Price
Beds
3,819 Sq. Ft.
$398 / Sq. Ft.
3,819
Sq. Ft.
$398
per Sq. Ft.

Description

Grow your wealth with this amazing investment opportunity. This fourplex sits on a wide lot in the beautiful city of Coral springs. The one story 4 units apartment property features large 3 bedrooms and 1.5 bathrooms in each unit. All of them substantially renovated including washer and dryer in 3 of the 4 units. The building and the roof is in excellent condition with 40 year inspection completed. 10 parking spaces available for residents. Great outdoor area next to a beautiful park with basketball...Grow your wealth with this amazing investment opportunity. This fourplex sits on a wide lot in the beautiful city of Coral springs. The one story 4 units apartment property features large 3 bedrooms and 1.5 bathrooms in each unit. All of them substantially renovated including washer and dryer in 3 of the 4 units. The building and the roof is in excellent condition with 40 year inspection completed. 10 parking spaces available for residents. Great outdoor area next to a beautiful park with basketball court, playground and outstanding green area for the use of all families. All units currently rented with potential to increase the rent.
  1. Listed by Katherine Basante • Coldwell Banker Realty

Property Details for 3775 Northwest 116th Terrace

Subdivision
Castlewood
Style
Fourplex
Waterfront
No
Area
3625
Geographic Area
Ft Ldale SE (3280;3600;3800)
Auction
No
Num Stories
1
Sq Ft Total
3819

Location

Listing Courtesy of Coldwell Banker Realty
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LISTING UPDATED: 04/07/2024 03:00 AM

Property Details for 3775 Northwest 116th Terrace

StatusActive
MLS #A11493966
Days on Market160
Taxes$18,721 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Fourplex
Year Built1976
Lot Size-
CountyBroward County

Location

Listing Courtesy of Coldwell Banker Realty
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Virtual Tour

Building Information for 3775 Northwest 116th Terrace

Stories-Residences-Year Built1976Building Size-Lot Size-

Payment Calculator

$9,855 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,295

Property Taxes

$1,560

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3775 Northwest 116th Terrace

Location Information
Location Information
  • Parcel Number Free Text: 484117060640
  • Parcel Number MLX: 0640
  • MLS Area: 3625
  • Township Range: 48
  • Section: 17
  • Subdivision Number: 6
  • Subdivision Complex Bldg: Castlewood
  • Unit Count: 4
  • Zoning Information: RM-15
General Information
Parking
  • Num Parking Spaces: 10
General Information
  • Property Type Information: Substantially Remodeled
  • Lot Description: Less Than 1/4 Acre Lot
  • Pool: No
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Roof Description: Barrel Roof
  • Flooring: Ceramic Floor
  • Floor Description: Ceramic Floor
Additional Property Information
Utilities
  • Heating Description: Central Heat, Electric Heat
  • Cooling Description: Central Cooling, Electric Cooling
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: No
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Hot Water, Lawn Care, Sewer, Trash Removal, Water
Financial Information
Financial Information
  • Total Mortgage: $806,250
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2023
  • Tax Information: Tax Reflects No Exemptions
  • Special Information: As Is
  • Information Available: Investment Analysis, Rent Rolls

Property History for 3775 Northwest 116th Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3775 Northwest 116th Terrace

Taxable ValueLand$70,000Additions$540,220Total$610,220
Tax Record2021$16,004 ($1,334 / month)
Home Facts
Total Finished SqFt3,819 SqFtAbove Grade Finished SqFt3,819 SqFtStories1Lot Size10,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1975Year Renovated1976ZoningRM-15CountyBROWARDAPN48-41-17-06-0640

Schools near 3775 Northwest 116th Terrace

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Coral Springs Elementary School
PublicPK to 8

Coral Springs Middle School
Public6 to 8

Coral Glades 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.

Similar Homes

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3775 Northwest 116th Terrace is a multi-family home for sale in Coral Springs, FL 33065. This property was listed for sale on November 30, 2023 by Coldwell Banker Realty, it's currently listed at $1,520,000. It has been on the market for a total of 160 days and was last sold on June 20, 2023. This listing's school district is Broward. Nearby schools include Coral Springs Elementary School, Coral Springs Middle School and Coral Glades High School. 3775 Northwest 116th Terrace is a 0-bed, 0-bath, 3,819 sqft multi-family home built in 1976.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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.