Triplex with 3-2 Unit
11490 NW 45th Street Coral Springs, FL 33065
11490 NW 45th Street, Coral Springs, FL, 33065
$999,900
For Sale
$999,900
MULTI_FAMILY - Coral Springs, FL
Property Size3,409 SF
Lot Size0.26 Acres
Price / SF$293.31
Days on Market48
Property Features for 11490 NW 45th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM-15
- Bedrooms
- 9
- Rooms
- Bedroom 6, Bathroom 3, Bedroom 5, Bathroom 5, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 9, Bedroom 8, Bathroom 6, Bedroom 4, Bedroom 7
- Window features
- Storm Window(s)
- Standard status
- Active
- APN
- 484117020200
- Size
- 3,409 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- GLENWOOD SUBDIVISION 69-33 B LOT 20 BLK A
- Tax Annual Amount
- 16281
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
- 4
- Flooring type
- Laminate, Tile - Ceramic
- Building materials
- CBS
- Roof type
- Flat, Tile
Listing Agency
Signature Paradise Realty Int'l
(561) 257-2572
9080 Kimberly Blvd. Ste 12, Boca Raton, FL
Listed by
Zachary Taplin · License #3338006
(561) 789-6922
Added: Jun 1 Checked: Jul 18 at 8:06 pm
MLS# B26036034
Listing URL
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.
This triplex offers three units, each configured as 3 bedrooms and 2 bathrooms. The property includes hurricane impact windows and in-unit washer and dryers for added convenience. Set on a corner lot, it also features a shared, fenced-in backyard designed for low-maintenance day-to-day use, with an opportunity to add value over time.
The home is located in Coral Springs, with convenient access to the Sawgrass Expressway and Wiles Road. The corner-lot setting and shared outdoor area can be appealing for tenants who want both privacy and shared space without extensive upkeep.
For investors or owner-operators, the consistent unit layout and in-unit laundry are practical for resident retention and day-to-day operations. The overall “low maintenance” positioning also supports straightforward management, while the described ability to add value makes it a compelling acquisition for buyers looking to enhance the property after purchase.
The home is located in Coral Springs, with convenient access to the Sawgrass Expressway and Wiles Road. The corner-lot setting and shared outdoor area can be appealing for tenants who want both privacy and shared space without extensive upkeep.
For investors or owner-operators, the consistent unit layout and in-unit laundry are practical for resident retention and day-to-day operations. The overall “low maintenance” positioning also supports straightforward management, while the described ability to add value makes it a compelling acquisition for buyers looking to enhance the property after purchase.
Key Highlights
- Triplex built in 1987 with CBS construction materials
- All units are 3 bed / 2 baths
- Hurricane impact windows and in‑unit washer and dryers
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 | $88.0k | $25.80 |
| − Vacancy | −$3.8k | −$1.10 |
| EGI | $84.2k | $24.70 |
| − OpEx | −$25.3k | −$7.41 |
| NOI | $58.9k | $17.29 |
3,409 SF · lease $25.80/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$842.0K
$736.7K – $982.3K
NOI $58,938 @ 7.0% cap · market cap 5.89%
Second Best
Apartment 5plus
$776.6K
$679.5K – $906.0K
NOI $54,362 @ 7.0% cap · market cap 5.44%
Theoretical Best
Specialty Retail
$5.81M
$5.09M – $6.78M
NOI $406,933 @ 7.0% cap · market cap 40.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Multifamily property - Well-maintained triplex on a corner lot with hurricane impact windows and in-unit laundry in every unit.
Where is this multifamily property located?
The property is located at 11490 NW 45th Street Coral Springs, FL.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Triplex built in 1987 with CBS construction materials; All units are 3 bed / 2 baths; Hurricane impact windows and in‑unit washer and dryers
