$2,499,00010 days on marketActive

10675 Royal Palm Boulevard 1-7, Coral Springs, FL

Coral Springs, FL

Sq Ft

1987

Year Built

0.47 acres

Lot Size

Listing Snapshot

List Price	$2,499,000
Beds	0
Baths	0
Living Area	0 sqft
Lot Size	0.47 acres

Year Built	1987
Property Tax	$44,629.8/yr
MLS #	1176835497
Status	Active
Days on Market	10

About This Home

Fantastic Find In The Heart Of Coral Springs! This 7-Unit Property Sits On Nearly Half An Acre And Offers A Prime Corner-Lot Location. The Property Consists Of One Spacious 3 Bedroom, 2.5 Bath Townhome, Four 3 Bedroom, 2-Bath Units, And Two - 2 Bedroom, 2-Bath Units. Current Rents Are Well Below Market, Creating Tremendous Upside Potential. Every Unit Includes Washer And Dryer, A Private Patio Or Balcony, And Separate Electric Meter, Helping Maximize Rental Income. Projected Annual Gross Income Is $240,000, With Total Estimated Annual Expenses Of $68,389. Estimated Expenses Include Landscaping Of $4,800, Insurance Of $12,000, Water Of $5,400, And Electric Of $1,560. All Information Is Believed To Be Accurate But Is Not Guaranteed.

General Features

Property Type: CommercialSale
Sub-type: MultiFamily
Stories: 2
Parking Spaces: 15
Parking: Assigned,Guest
Zoning: RM-20
Security: Other
Utilities: CableAvailable,ElectricityAvailable,SewerAvailable,WaterAvailable