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    3600 NW 116Th Ter Coral Springs, FL 33065

    For Sale
    $1,290,000

    Well-maintained four-unit property in a prime Coral Springs location.

    Building Details

    Year built
    1988

    Source: United Realty Group, Inc Agent Basil Thomas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Coral Springs Multifamily Investment Opportunity

    This well-maintained four-unit multifamily property is located in the heart of Coral Springs. Each unit features 3 bedrooms and 2 bathrooms, with tile flooring throughout, and includes a washer and dryer. The property offers 8 parking spots. The bathrooms and kitchen cabinets have been updated. Most appliances and A/C units are less than 5 years old. The roof was replaced in 2010. The sprinkler system uses well water. New paint has been applied to the exterior. The property is situated close to the Sawgrass Expressway, Costco, shopping centers, and hospitals, specifically in Coral Ridge between Wiles Road and Sample Road. This is an independent building with no HOA, and is a good income-generating investment property.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Coral Springs
    County
    Broward
    State
    Florida
    Longitude
    -80.2820588
    Latitude
    26.2752852

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained four-unit property in a prime Coral Springs location.
    Where is this quadplex located?
    The property is located at 3600 NW 116Th Ter Coral Springs, FL.
    What is the asking price?
    The asking price for this property is $1,290,000.
    What are key features of this property?
    This property features: - Prime location in Coral Springs, close to Sawgrass Expressway, Costco, shopping, and hospitals.; - Well-maintained 4-unit multifamily property with strong income-generating potential.; - Each unit features **3 bedrooms, 2 bathrooms, and in-unit washer and dryer.**
    (561) 312-1391
    Request Owner's contact information
    3600 NW 116Th Ter Coral Springs, FL 33065
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    Coral Springs, FL 33065
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3600 NW 116Th Ter Coral Springs, FL 33065
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