Updated Duplex with Separate
For Sale
$950,000
Pending
11441 NW 43rd Street, Coral Springs, FL 33065
Move-ready duplex with updated finishes, vaulted ceilings, and separate garages for each unit.
Property Size3,275 SF
Days on Market106
Property Features for 11441 NW 43rd Street
General Information
Standard status
Pending
Size
3,275 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$15,531
Amenities
vaulted ceilings
separate garages
Building Details
Building Size
3,275 SF
Year Built
1990
Listing Agency:
PRESTIGE REAL ESTATE GROUP
Listed By:
Greg M Marchese · License #3235460
(954) 888-8289
Source:
Pamandtoni
Added: Jul 15
Changed: Oct 25
Last Checked: Oct 27 at 12:31AM
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 PRESTIGE REAL ESTATE GROUP
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Investment Insights
Based on property information with market context.
This move-ready duplex features updated finishes throughout and vaulted ceilings. Each unit is separately served with its own garage, providing dedicated parking for occupants.
The property is being offered for sale as a duplex with both units currently cash flowing. Both units are stated to be generating $3,300 per month.
The overall configuration supports two independent residential units within the duplex layout, with separate garages for each unit.
The property is being offered for sale as a duplex with both units currently cash flowing. Both units are stated to be generating $3,300 per month.
The overall configuration supports two independent residential units within the duplex layout, with separate garages for each unit.
Key Highlights
- Move‑ready duplex built in 1990 with updated finishes throughout
- Vaulted ceilings in the duplex interior
- Each unit has a separate garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,621
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,132,420
$1.1M
Cap Rate 7%
$808,871
$808.9K
Cap Rate 9%
$629,122
$629.1K
Market Conditions
NOI Build-Up for 3,275 SF
Gross rent
$84.5K $25.80/SF
− Vacancy
−$3.6K −$1.10/SF
EGI
$80.9K $24.70/SF
− OpEx
−$24.3K −$7.41/SF
NOI
$56.6K $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%
$1,132,420
Cap Rate 7%
$808,871
Cap Rate 9%
$629,122
Alternative Uses
Best Use
Multifamily LT 5
$808.9K
$707.8K – $943.7K
NOI $56,621 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$746.1K
$652.8K – $870.4K
NOI $52,225 @ 7.0% cap · market cap 5.50%
Theoretical Best
Specialty Retail
$5.58M
$4.89M – $6.52M
NOI $390,938 @ 7.0% cap · market cap 41.15%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,390
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Move-ready duplex with updated finishes, vaulted ceilings, and separate garages for each unit.
Where is this duplex located?
The property is located at 11441 NW 43rd Street Coral Springs, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Move‑ready duplex built in 1990 with updated finishes throughout; Vaulted ceilings in the duplex interior; Each unit has a separate garage
