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    Two-Story 8-Unit Multifamily Building Title is generated by Realmo AI

    11676 NW 45th Street, Coral Springs, FL 33065

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    Claim this Listing
    For Sale
    $2,250,000

    MULTI_FAMILY - Coral Springs, FL

    Property size:
    8,154 SF
    Lot size:
    0.51 Acres
    Price / SF:
    $275/SF
    Added:
    Feb 4, 2026
    Days on Market:
    134
    Last Refresh:
    Jun 18 at 2:06 pm

    Property Features for 11676 NW 45th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RM-15
    Parking
    17
    Parking features
    Assigned
    Fencing
    Fenced
    Standard status
    Active
    APN
    484117020280
    Size
    8,154 SF
    Lot size
    0.51 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    GLENWOOD SUBDIVISION 69-33 B LOT 1 BLK B
    Tax Annual Amount
    35758

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1984
    Floors in Building
    2
    Number of units
    8
    Flooring type
    Tile
    Building materials
    CBS
    Roof type
    Barrel

    We can help!

    Listing Contact
    Chantal Levy

    Listing agent Chantal Levy License #3483991

    Listing office LoKation 150 S Pine Island Road, Ste. 3, Pompano Beach, FL

    Listing date Feb 4, 2026

    MLS# F10550277

    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.

    HighLights

    • Prime Coral Springs location: Steps from shopping, dining, and minutes from major highways.
    • Strong investment opportunity: Fully rented units with a strong rental history.
    • Turnkey management: Well‑maintained property with rent roll income and expenses available.
    • New roof: Installed in 2021.
    • Eight units: Featuring 16 bedrooms and 16 bathrooms.
    • Spacious lot: Situated on a half‑acre lot with great curb appeal.

    Overview

    This for-sale multifamily property is a beautifully maintained two-story, 8-unit building configured with 16 bedrooms and 16 bathrooms. The roof was installed in 2021, and the building is supported by two separate laundry rooms. The property also includes 17 dedicated parking spaces, supporting tenant day-to-day access.

    Located in Coral Springs, Florida, the building is described as being in the heart of the area, just steps from shopping and dining and only minutes from major highways. The site is approximately 0.51 acres and is presented as a well-kept property with curb appeal. The listing notes a 40-year inspection was completed.

    For buyers seeking a turnkey, fully occupied residential income asset, the property is currently rented and the seller indicates that rent roll income and expenses are available upon request. Zoning is listed as RM-15, and the offering is positioned for investors and operators looking for an established on-site configuration with dedicated parking and on-site laundry facilities.

    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 $247.6k $30.36
    − Vacancy −$11.1k −$1.37
    EGI $236.4k $28.99
    − OpEx −$106.4k −$13.05
    NOI $130.0k $15.95
    8,154 SF · lease $30.36/SF/yr · vacancy 4.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.86M
    $1.63M – $2.17M (±1% cap)
    NOI $130,028 @ 7.0% cap · market cap 5.78%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $13.90M
    $12.17M – $16.22M (±1% cap)
    NOI $973,345 @ 7.0% cap · market cap 43.26%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Daycare Center Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Coral Springs
    County
    Broward
    State
    Florida
    Longitude
    -80.282135
    Latitude
    26.285781

    FAQs

    What type of property is this?
    Apartment building - Well-maintained multifamily with separate laundry facilities and dedicated parking; currently fully occupied.
    Where is this apartment building located?
    The property is located at 11676 NW 45th Street Coral Springs, FL.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: Prime Coral Springs location: Steps from shopping, dining, and minutes from major highways.; Strong investment opportunity: Fully rented units with a strong rental history.; Turnkey management: Well‑maintained property with rent roll income and expenses available.
    More about this property
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