Two-Story 8-Unit Apartment Building

11676 NW 45th Street Coral Springs, FL 33065

Claim this Listing
For Sale
$2,250,000

MULTI_FAMILY - Coral Springs, FL

Property size:
8,154 SF
Lot size:
0.51 Acres
Price / SF:
$275/SF
Added:
Jun 7, 2026
Days on Market:
35
Last Refresh:
Jul 11 at 7:06 pm

Property Features for 11676 NW 45th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RM-15
Bedrooms
8
Rooms
Bedroom 1, Bedroom 7, Bathroom 4, Bathroom 5, Bathroom 3, Bathroom 7, Bathroom 6, Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 8, Bedroom 6, Bathroom 2, Bathroom 8
Patio and Porch features
Patio, Porch
Pets allowed
Yes, Size Limit
Exterior features
Balcony, Courtyard
Fencing
Fenced
Standard status
Active
APN
484117020280
Size
8,154 SF
Lot size
0.51 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
GLENWOOD SUBDIVISION 69-33 B LOT 1 BLK B
Tax Annual Amount
35758

Utilities

Utilities
Water Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public

Building Details

Year built
1984
Floors in Building
2
Number of units
4
Flooring type
Tile
Building materials
Aluminum Siding, CBS, Stucco
Roof type
Barrel, Tile

Listing agent Chantal Levy License #3483991

Listing office LoKation 150 S Pine Island Road, Ste. 3, Pompano Beach, FL

Listing date Jun 7, 2026

MLS# B26038008 Listing URL

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 two-story multifamily property contains 8 units totaling 16 bedrooms and 16 bathrooms. The building is described as beautifully maintained with a new roof installed in 2021. Residents have access to two separate laundry rooms, and the site includes 17 dedicated parking spaces. The property sits on a 0.51-acre lot and has an overall size of 8,154 square feet. A 40-year inspection has been completed, according to the seller.

Located at 11676 NW 45th Street in Coral Springs, Florida (Broward County), the building is positioned in the heart of Coral Springs. The remarks describe the property as just steps from shopping and dining, with major highways only minutes away.

For buyers or operators, the current configuration offers an immediately usable setup with fully occupied units. The seller notes that rent roll income and expenses are available upon request, which can support underwriting and budgeting for a new ownership group.

Key Highlights

  • 2‑story 8‑unit multifamily building with 16 bedrooms and 16 bathrooms
  • Fully rented and fully occupied with dedicated 17 parking spaces
  • New roof installed in 2021; roof includes barrel and tile materials

Local Financial Insights For Apartment 5plus

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 $247.6k $30.36
− Vacancy −$11.1k −$1.37
EGI $236.4k $28.99
− OpEx −$106.4k −$13.05
NOI $130.0k $15.95
8,154 SF · lease $30.36/SF/yr · vacancy 4.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.86M
$1.63M – $2.17M (±1% cap)
NOI $130,028 @ 7.0% cap · market cap 5.78%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$13.90M
$12.17M – $16.22M (±1% cap)
NOI $973,345 @ 7.0% cap · market cap 43.26%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Butcher Clothing & Fashion Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Well-maintained, fully rented 8-unit building with two laundry rooms and dedicated tenant parking.
Where is this apartment building located?
The property is located at 11676 NW 45th Street Coral Springs, FL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 2‑story 8‑unit multifamily building with 16 bedrooms and 16 bathrooms; Fully rented and fully occupied with dedicated 17 parking spaces; New roof installed in 2021; roof includes barrel and tile materials
Contact an agent
More about this property
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