10675 Royal Palm Boulevard Coral Springs, FL
MULTI_FAMILY - Coral Springs, FL
- Added:
- Jul 10, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 11 at 6:06 pm
Property Features for 10675 Royal Palm Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM-20
- Parking
- 15
- Parking features
- Guest, Assigned
- Standard status
- Active
- APN
- 484120014270
- Size
- 8,407 SF
- Lot size
- 0.47 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CORAL SPRINGS COUNTRY CLUB SUB 60-43 B LOT 12 BLK L
- Tax Annual Amount
- 44630
Utilities
- Utilities
- Cable Available
- 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
- 7
- Building materials
- CBS
- Roof type
- Barrel
Listing agent Carlos A Montoya License #0623048 (954) 234-7653
Listing office Fidelity Real Estate Group LLC 10100 W Sample Road Ste.401, CORAL SPRINGS, FL (954) 345-9144
Listing date Jul 10, 2026
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.
The property is located in Coral Springs, Florida on a corner lot within RM-20 zoning. The site is approximately 0.47 acres.
The seller’s materials project annual gross income of $240,000 with total estimated annual expenses of $68,389. Estimated expenses include landscaping ($4,800), insurance ($12,000), water ($5,400), and electric ($1,560). All information is believed to be accurate but not guaranteed.
Key Highlights
- 1987‑built 7‑unit multifamily property with CBS construction and central heat/central A/C.
- Unit mix includes one 3BR/2.5BA townhome, four 3BR/2BA units, and two 2BR/2BA units.
- Nearly half‑acre property on a corner lot.
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 | $255.2k | $30.36 |
| − Vacancy | −$11.5k | −$1.37 |
| EGI | $243.8k | $28.99 |
| − OpEx | −$109.7k | −$13.05 |
| NOI | $134.1k | $15.95 |
