8-Unit Multifamily Building with New
11676 NW 45th Street Coral Springs, FL 33065
For Sale
$2,250,000
MULTI_FAMILY - Coral Springs, FL
Property Size8,154 SF
Lot Size0.51 Acres
Price / SF$275.94
Days on Market47
Property Features for 11676 NW 45th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- RM-15
- Bedrooms
- 8
- Rooms
- Bathroom 8, Bedroom 7, Bedroom 1, Bedroom 3, Bathroom 6, Bathroom 2, Bedroom 8, Bathroom 3, Bathroom 7, Bedroom 2, Bedroom 5, Bathroom 5, Bathroom 4, Bedroom 6, Bathroom 1, Bedroom 4
- Patio and Porch features
- Porch, Patio
- Pets allowed
- Size Limit, Yes
- Exterior features
- Balcony, Courtyard
- 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
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1984
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Tile
- Building materials
- Aluminum Siding, CBS, Stucco
- Roof type
- Barrel, Tile
Listing Agency:
LoKation
(954) 545-5583
Listed By:
Chantal Levy · License #3483991
(954) 849-2135
Added: Jun 7
Changed: Jul 20
Last Checked: Jul 23 at 3:06PM
MLS# B26038008
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 beautifully maintained, two-story multifamily building consists of 8 units, totaling 16 bedrooms and 16 bathrooms. The property is fully rented, and it includes two separate laundry rooms. A new roof was installed in 2021, and the seller notes that a completed 40-year inspection is on record. The building is situated on a spacious half-acre lot.
The property is located in Coral Springs, Florida, at 11676 NW 45th Street, and is described as being in the heart of Coral Springs with proximity to shopping and dining, and minutes from major highways. The site provides 17 dedicated parking spaces.
The asset is zoned RM-15, and the listed size is 8,154 square feet.
The property is located in Coral Springs, Florida, at 11676 NW 45th Street, and is described as being in the heart of Coral Springs with proximity to shopping and dining, and minutes from major highways. The site provides 17 dedicated parking spaces.
The asset is zoned RM-15, and the listed size is 8,154 square feet.
Key Highlights
- 8‑unit (16 bed/16 bath) two‑story multifamily building built in 1984
- Fully rented and fully occupied with 17 dedicated parking spaces
- New roof installed in 2021
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 | $210.4k | $25.80 |
| − Vacancy | −$9.0k | −$1.10 |
| EGI | $201.4k | $24.70 |
| − OpEx | −$60.4k | −$7.41 |
| NOI | $141.0k | $17.29 |
8,154 SF · lease $25.80/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$2.01M
$1.76M – $2.35M
NOI $140,973 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$1.86M
$1.63M – $2.17M
NOI $130,028 @ 7.0% cap · market cap 5.78%
Theoretical Best
Specialty Retail
$13.90M
$12.17M – $16.22M
NOI $973,345 @ 7.0% cap · market cap 43.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Two-story 8-unit multifamily with 2021 roof, two laundry rooms, and 17 dedicated parking spaces.
Where is this quadplex 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: 8‑unit (16 bed/16 bath) two‑story multifamily building built in 1984; Fully rented and fully occupied with 17 dedicated parking spaces; New roof installed in 2021
