Back to Search

Fully Occupied Coral Springs Five-Plex

8704 NW 38th Dr, Coral Springs, FL 33065

View on Map

For Sale

$1,750,000

Five-unit multifamily property in Coral Springs with immediate cash flow.

Type:Investment

HighLights

Immediate cash flow from a fully occupied five‑plex.
Low‑maintenance property requiring minimal upkeep.
Prime Coral Springs location with strong rental demand and low vacancies.
Turnkey and fully stabilized investment property.
Five 2/1 units, all currently rented.
Suitable for portfolio builders, passive investors, or 1031 exchange buyers.

We can help!

Listing Contact

Victor Persia

Learn more

For Sale

$1,750,000

Five-unit multifamily property in Coral Springs with immediate cash flow.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 3:49 pm

Property Features for 8704 NW 38th Dr

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1978

We can help!

Listing Contact

Victor Persia

Listing agent Victor Persia License #3194931

Listing office Compra Venta Miami

Listing date Apr 24, 2026

Source Elliman

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 Compra Venta Miami

HighLights

Immediate cash flow from a fully occupied five‑plex.
Low‑maintenance property requiring minimal upkeep.
Prime Coral Springs location with strong rental demand and low vacancies.
Turnkey and fully stabilized investment property.
Five 2/1 units, all currently rented.
Suitable for portfolio builders, passive investors, or 1031 exchange buyers.

Overview

This is a fully occupied five-plex located at 8704 NW 38th Drive, featuring five 2-bedroom, 1-bathroom units. All units are currently rented, offering low maintenance and immediate cash flow. The property is located in Coral Springs, a location that maintains strong demand and low vacancies. It is suitable for portfolio builders, passive investors, or 1031 exchange buyers seeking stable returns. The property has a bike score of 58, indicating it is bikeable, a walk score of 69, indicating it is somewhat walkable, and a transit score of 34, indicating some transit options are available.

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Coral Springs
County: Broward
State: Florida
Longitude: -80.2569
Latitude: 26.2738

Nearby Similar for Sale

$1,595,000

5,004 SF

Coral Springs Industrial Office/Warehouse

Modern, two-story light industrial office/warehouse in a prime location.

3650 Coral Ridge Drive, Coral Springs, FL 33065

View Details
$1,395,000

4,323 SF

Coral Springs Industrial Office/Warehouse

Modern, two-story light industrial office/warehouse in a prime location.

3650 Coral Ridge Drive, Coral Springs, FL 33065

View Details
$1,626,400

4,066 SF

Medical/Office Space in Coral Springs

Spacious medical/office space with flexible design and ample parking.

11780 W Sample Road, Coral Springs, FL 33065

View Details
$770,400

7,062 SF

Coral Springs Commercial Medical Space

Spacious corner office, approved for medical uses, excellent natural light.

11780 W Sample Road, Coral Springs, FL 33065

View Details
$2,250,000

8,154 SF

Two-Story 8-Unit Apartment Building

Well-maintained, fully rented 8-unit building with two laundry rooms and dedicated tenant parking.

11676 NW 45th Street, Coral Springs, FL 33065

View Details
$1,050,000

2,450 SF

Coral Springs Office Condo For Sale

2,450 sqft office condo in Coral Springs Professional Campus.

5531 N University Drive, Coral Springs, FL 33067

View Details
$540,000

1,699 SF

Elevator-Served Medical Office Condo

Second-floor, medical/office-ready suite with reception, exam rooms, and ample parking in a courtyard-style building.

2929 N University Drive, Coral Springs, FL 33065

View Details
$999,900

3,409 SF

Triplex with 3-2 Unit Layout

Well-maintained triplex on a corner lot with hurricane impact windows and in-unit laundry in every unit.

11490 NW 45th Street, Coral Springs, FL 33065

View Details
$2,600,000

6,536 SF

Medical Office Building in Coral Springs

Free-standing building suitable for medical or office use.

11784 W Sample Road, Coral Springs, FL

View Details
$1,790,000

5,387 SF

Coral Springs Multifamily Investment Opportunity

Well-maintained six-unit property with value-add potential in Coral Springs.

10201 NW 35th Street, Coral Springs, FL 33065

View Details
$1,399,000

3,195 SF

Coral Springs Four-Unit Multifamily Property

Turnkey four-unit property with modern upgrades and amenities in Coral Springs.

7521 NW 44th Court, Coral Springs, FL 33065

View Details
$2,250,000

8,154 SF

Two-Story 8-Unit Multifamily Building

Well-maintained multifamily with separate laundry facilities and dedicated parking; currently fully occupied.

11676 NW 45th Street, Coral Springs, FL 33065

View Details

For sale
Apartment buildings
FL
Coral Springs
33065
8704 NW 38th Dr

What type of property is this?

Apartment building - Five-unit multifamily property in Coral Springs with immediate cash flow.

Where is this apartment building located?

The property is located at 8704 NW 38th Dr Coral Springs, FL.

What is the asking price?

The asking price for this property is $1,750,000.

What are key features of this property?

This property features: Immediate cash flow from a fully occupied five‑plex.; Low‑maintenance property requiring minimal upkeep.; Prime Coral Springs location with strong rental demand and low vacancies.