3700 NW 116th Ter, Coral Springs, FL 33065

• 4,105 sqft

Property Description

Rare opportunity to own a 4-unit property in the heart of Coral Springs. Each unit features 3 bedrooms, 2 bathrooms, in-unit laundry, and ample parking. No HOA. The property is approved for housing vouchers, providing stable rental income of 9750 for all units. Gross income is $117000/year with estimated expenses of $31,000, Market rents are around $2,800/month, pushing the potential cap rate to 6.5%. Conveniently located near Costco, Coral Square Mall, Sawgrass Mills, and just 2 minutes from the Sawgrass Expressway.4 ac units are less than 4 year old.40 year inspection passed.

Listing Status:

Active

Date Added:

October 22, 2025 at 05:00AM

Listing Office:

Pala Homes Inc : (305) 490-7799

Listing Agent:

Shibu Scaria : (954) 696-7872

MLS ID:

F10533100

Interior

• Flooring: Ceramic Tile
• A/C: Central AirElectric
• Heating: CentralElectric

Exterior

• Style: Fourplex
• Pool: None
• Parking: Parking spaces: 10

Construction

• Roofing: Barrel
• General: Block1

Location

• Originating MLS: FTL_FTL
• County: Broward

Lot

• Zoning: CASTLEWOOD 71-37 B LOT 15 BLK E484117060470

Utilities

• Utilities: Cable Not Available
• Sewer: Public Sewer

Financial

• Source: FTL_FTL

This listing courtesy of Shibu Scaria, Pala Homes Inc