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Duplex Residential Income Property

3691 NW 78th Ln Coral Springs, FL 33065

3691 NW 78th Ln, Coral Springs, FL, 33065
$699,000
For Sale
$699,000

MULTI_FAMILY - Coral Springs, FL

Property Size2,415 SF
Price / SF$289.44
Days on Market76

Property Features for 3691 NW 78th Ln

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 4
Parking
1
Standard status
Active
APN
484114015260
Size
2,415 SF

Taxes and HOA fees

Tax Year
2025
Tax Description
CORAL SPRINGS SUB NO 1 59-30 B LOT 5 BLK X
Tax Annual Amount
12007

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1972
Floors in Building
1
Flooring type
Tile - Ceramic
Building materials
Block
Roof type
Barrel
Listing Agency Propertio
390 NE 191st St #8048, Miami, FL
Listed by Alin Zdroba · License #3257641
Added: May 7 Updated: Jul 18 at 1:39 am Checked: Jul 21 at 12:06 am
MLS# A12014407 Listing URL

Copyright © 2026 Miami REALTORS®. 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 for-sale duplex consists of two residential units, each configured as 2 bedrooms and 1 bathroom. The building includes impact windows and a sprinkler system. Each unit has its own laundry room, and both units have central A/C. Parking is provided for both units.

The property is located at 3691 NW 78th Ln in Coral Springs, FL 33065. Current operating details include both units being rented, with one unit on a month-to-month arrangement.

The existing layout supports continued rental use as a two-unit duplex, with the option noted in the remarks to convert the configuration to 3 bedrooms and 1 bathroom. This combination of practical in-place amenities, tenant occupancy, and unit flexibility may appeal to investors or owner-occupants looking for a manageable multi-family asset.

Key Highlights

  • Duplex with 2 units: each unit has 2 bedrooms and 1 bath
  • Both units include impact windows
  • Central heating and central A/C

Local 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 $62.3k $25.80
− Vacancy −$2.7k −$1.10
EGI $59.6k $24.70
− OpEx −$17.9k −$7.41
NOI $41.8k $17.29
2,415 SF · lease $25.80/SF/yr · vacancy 4.27% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$596.5K
$521.9K – $695.9K (±1% cap)
NOI $41,753 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$550.2K
$481.4K – $641.9K (±1% cap)
NOI $38,511 @ 7.0% cap · market cap 5.51%
Theoretical Best
Specialty Retail
$4.12M
$3.60M – $4.80M (±1% cap)
NOI $288,279 @ 7.0% cap · market cap 41.24%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Locksmith Daycare Center Grocery & Convenience Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Florist

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

FAQs

What type of property is this?
Duplex - Duplex with two 2-bedroom, 1-bath units, impact windows, sprinklers, central A/C, and on-site laundry for tenants.
Where is this duplex located?
The property is located at 3691 NW 78th Ln Coral Springs, FL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Duplex with 2 units: each unit has 2 bedrooms and 1 bath; Both units include impact windows; Central heating and central A/C
Contact an agent
More about this property
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