Seven-Unit Multifamily Income
10675 Royal Palm Blvd 1-7 Coral Springs, FL 33065
For Sale
$2,499,000
Seven-unit multifamily with private patios or balconies and in-unit washer and dryer in each unit.
Lot Size0.50 Acres
Days on Market11
Property Features for 10675 Royal Palm Blvd 1-7
General Information
- Standard status
- Active
- Lot size
- 0.50 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1987
Listing Agency:
Fidelity Real Estate Group LLC
(954) 234-7653
Listed By:
Carlos A Montoya · License #0623048
(954) 234-7653
Source:
Elliman
Added: Jul 13
Changed: Jul 14
Last Checked: Jul 23 at 6:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fidelity Real Estate Group LLC
Investment Insights
Based on property information with market context.
This for-sale multifamily property features seven units in a mix of one spacious 3-bedroom, 2.5-bath townhome, four 3-bedroom, 2-bath units, and two 2-bedroom, 2-bath units. Each unit includes a washer and dryer, along with a private patio or balcony. Units also have separate electric meters, supporting more individualized utility billing.
The property is located on a corner lot in Coral Springs and totals nearly half an acre. The remarks indicate current rents are well below market, presenting upside potential.
Financial projections provided with the offering estimate projected annual gross income of $240,000 and total estimated annual expenses of $68,389. The estimated expenses include landscaping ($4,800), insurance ($12,000), water ($5,400), and electric ($1,560). All information is believed to be accurate but is not guaranteed.
The property is located on a corner lot in Coral Springs and totals nearly half an acre. The remarks indicate current rents are well below market, presenting upside potential.
Financial projections provided with the offering estimate projected annual gross income of $240,000 and total estimated annual expenses of $68,389. The estimated expenses include landscaping ($4,800), insurance ($12,000), water ($5,400), and electric ($1,560). All information is believed to be accurate but is not guaranteed.
Key Highlights
- 7‑unit multifamily built in 1987 in Coral Springs, on nearly half an acre corner lot
- Unit mix: one 3BD/2.5BA townhome, four 3BD/2BA units, and two 2BD/2BA units
- Each unit includes a washer and dryer plus a private patio or balcony
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Seven-unit multifamily with private patios or balconies and in-unit washer and dryer in each unit.
Where is this apartment building located?
The property is located at 10675 Royal Palm Blvd 1-7 Coral Springs, FL.
What is the asking price?
The asking price for this property is $2,499,000.
What are key features of this property?
This property features: 7‑unit multifamily built in 1987 in Coral Springs, on nearly half an acre corner lot; Unit mix: one 3BD/2.5BA townhome, four 3BD/2BA units, and two 2BD/2BA units; Each unit includes a washer and dryer plus a private patio or balcony
