Renovated Quadplex in Coral
11500-11506 NW 43rd Court Coral Springs, FL 33065
For Sale
$1,695,000
MULTI_FAMILY - Coral Springs, FL
Property Size3,831 SF
Lot Size0.29 Acres
Price / SF$442.44
Days on Market106
Property Features for 11500-11506 NW 43rd Court
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
RM-15
Bedrooms
12
Rooms
Bedroom 5, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 10, Bedroom 6, Bathroom 5, Bedroom 11, Bedroom 9, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 12, Bedroom 1, Bedroom 7, Bathroom 6, Bathroom 8, Bathroom 7, Bedroom 8
Pets allowed
Yes, No
Standard status
Active
APN
484117020500
Size
3,831 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
GLENWOOD SUBDIVISION 69-33 B LOT 23 BLK B
Tax Annual Amount
23611
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1987
Floors in Building
2
Number of units
4
Flooring type
Tile, Wood, Tile - Ceramic, Laminate
Building materials
CBS, Stucco
Roof type
Shingle
Listing Agency:
United Realty Group, Inc
(561) 235-2127
Listed By:
Alexander Paul Karram · License #3285463
(561) 558-7218
Added: Apr 13
Changed: Jul 24
Last Checked: Jul 27 at 9:06PM
MLS# B26016309
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is an exceptional investment opportunity featuring a fully renovated quadplex located in Coral Springs, Florida. The property includes four units that have been beautifully redone with modern finishes. Each unit features updated kitchens and baths, fresh paint, new flooring, and updated fixtures throughout. The building is meticulously maintained and move-in ready, offering immediate rental income with low turn costs and strong curb appeal. The property is situated on a lot of 0.29 acres and the building size is 3,831 square feet. Conveniently located near shopping, dining, parks, and major commuter routes, this turnkey residential income property is zoned RM-15.
Key Highlights
- Fully renovated 4‑unit quadplex
- Year built 1987 with central heating and central A/C
- Construction materials: CBS and stucco; roof type: shingle
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $98.8k | $25.80 |
| − Vacancy | −$4.2k | −$1.10 |
| EGI | $94.6k | $24.70 |
| − OpEx | −$28.4k | −$7.41 |
| NOI | $66.2k | $17.29 |
3,831 SF · lease $25.80/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$946.2K
$827.9K – $1.10M
NOI $66,234 @ 7.0% cap · market cap 3.91%
Second Best
Apartment 5plus
$872.7K
$763.6K – $1.02M
NOI $61,091 @ 7.0% cap · market cap 3.60%
Theoretical Best
Specialty Retail
$6.53M
$5.72M – $7.62M
NOI $457,307 @ 7.0% cap · market cap 26.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Fully renovated quadplex with immediate rental income potential.
Where is this quadplex located?
The property is located at 11500-11506 NW 43rd Court Coral Springs, FL.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Fully renovated 4‑unit quadplex; Year built 1987 with central heating and central A/C; Construction materials: CBS and stucco; roof type: shingle
