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

    11676 NW 45th Street # 8 #1-8, Coral Springs, FL 33065

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    Well-maintained 2-story multifamily with new roof, two laundry rooms, and 17 dedicated parking spaces.

    Type:Multifamily, Business for Sale, Office
    Property size:
    8,154 SF
    Price / SF:
    $275/SF
    Added:
    Feb 5, 2026
    Days on Market:
    138
    Last Refresh:
    Jun 17 at 2:48 am

    Property Features for 11676 NW 45th Street # 8 #1-8

    General Information

    Standard status
    Active
    Size
    8,154 SF
    Property subtype
    Multifamily, Business for Sale, Office

    Building Details

    Year Built
    1984

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    Listing Contact
    ROBBI A

    Listing agent ROBBI A License #FL 3279734

    Listing office LoKation

    Listing date Feb 5, 2026

    Source Crexi

    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 LoKation

    HighLights

    • Well‑maintained 2‑story 8‑unit multifamily building built in 1984
    • All 8 units are fully rented and the property is fully occupied
    • New roof installed in 2021
    • Two separate laundry rooms, adding to on‑site income potential
    • 17 dedicated parking spaces for residents and tenants
    • Well‑maintained on a spacious half‑acre lot

    Overview

    This beautifully maintained two-story multifamily property consists of eight units totaling 16 bedrooms and 16 bathrooms. The building is fully rented. A new roof was installed in 2021, and the property includes two separate laundry rooms. There are 17 dedicated parking spaces on site, supporting convenient tenant parking and day-to-day operations.

    The asset is located in Coral Springs, described as being in the heart of the city and within steps of shopping and dining. It is also noted as being only minutes from major highways, providing convenient access for residents and service needs.

    For buyers and investors seeking a turnkey residential income property, this offering includes fully occupied units and available rent roll information upon request, along with income and expense details. The seller also reports that a completed 40-year inspection has just been finalized. With on-site laundry facilities and ample dedicated parking, the property is positioned to support everyday resident needs while maintaining an orderly, maintained exterior and overall presentation.

    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.
    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
    -80.2821318
    Latitude
    26.2858044

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 2-story multifamily with new roof, two laundry rooms, and 17 dedicated parking spaces.
    Where is this apartment building located?
    The property is located at 11676 NW 45th Street # 8 #1-8 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: Well‑maintained 2‑story 8‑unit multifamily building built in 1984; All 8 units are fully rented and the property is fully occupied; New roof installed in 2021
    More about this property
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