Back to Search
Two-Story 8-Unit Multifamily Building

11676 NW 45th Street Coral Springs, FL 33065

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:
157
Last Refresh:
Jul 11 at 6:06 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

Utilities
Water Available
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

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.


Investment Insights

Based on property information with market context.

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.

Key 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.

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 Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Butcher Clothing & Fashion Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Hotel & Motel

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

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.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message