Four-Unit Multifamily
11350 NW 39TH Street, Coral Springs, FL 33065
For Sale
New
$1,490,000
Residential Income, Coral Springs, FL
Property Size3,841 SF
Lot Size0.40 Acres
Price / SF$387.92
Days on Market3
Property Features for 11350 NW 39TH Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Full bathrooms
Rooms
Patio and Porch features
Pets allowed
Subdivision
Lot features
Elementary school
Middle school
High school
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Water front
Amenities
security cameras
on-site laundry facility
private patios
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Fidelity Real Estate Group LLC
(954) 345-9144
Listed By:
Carlos A Montoya · License FL #0623048
(954) 234-7653
Added: Nov 11
Last Checked: Nov 13 at 1:06AM
MLS# B26099004
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.
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Investment Insights
Based on property information with market context.
This 3,841-square-foot quadplex, built in 1989, contains four residences, each with three bedrooms and two bathrooms. Updated kitchens and bathrooms include granite counters, newer appliances, and modern cabinetry. Private patios serve each unit, while shared features include an on-site laundry facility and security cameras. The building has a barrel roof and central air conditioning, with tile flooring throughout.
The property is waterfront and zoned RM-15. Public water and sewer service the site, and cable is available. The roof is approximately 10 years old.
The property is waterfront and zoned RM-15. Public water and sewer service the site, and cable is available. The roof is approximately 10 years old.
Key Highlights
- Four units, each with 3 bedrooms and 2 bathrooms
- 3,841 square feet; built in 1989
- Waterfront property zoned RM‑15
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,406
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,328,120
$1.3M
Cap Rate 7%
$948,657
$948.7K
Cap Rate 9%
$737,844
$737.8K
Market Conditions
NOI Build-Up for 3,841 SF
Gross rent
$99.1K $25.80/SF
− Vacancy
−$4.2K −$1.10/SF
EGI
$94.9K $24.70/SF
− OpEx
−$28.5K −$7.41/SF
NOI
$66.4K $17.29/SF
Area
Coral Springs, FL
Vacancy
4.27%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,328,120
Cap Rate 7%
$948,657
Cap Rate 9%
$737,844
Alternative Uses
Best Use
Multifamily LT 5
$948.7K
$830.1K – $1.11M
NOI $66,406 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$875.0K
$765.6K – $1.02M
NOI $61,251 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$1.95M
$1.71M – $2.27M
NOI $136,409 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,269
Businesses Nearby
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Business Placement
Demographics for 33065, FL
59,668
Population
21,416
Households
2.8
Avg Household Size
36
Median Age
31%
College-Educated
93%
High-School Grad
8.6 sq mi
ZIP Area
6,938
Density / Sq Mi
$70,435
Median Household Income
$36,255
Median Earnings
$1,833
Median Rent
$416,800
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Coral Springs, FL
Properties on Market for Quadplexes in Coral Springs
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has three bedrooms, two bathrooms, and a private patio.
Where is this quadplex located?
The property is located at 11350 NW 39TH Street Coral Springs, FL.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: Four units, each with 3 bedrooms and 2 bathrooms; 3,841 square feet; built in 1989; Waterfront property zoned RM‑15
