Updated Duplex with Private
For Sale
$830,000
Pending
1410-1412 NW 93rd Terrace, Coral Springs, FL 33071
Two three-bedroom residences offer private garages, high ceilings, and refreshed kitchens and bathrooms.
Property Size3,733 SF
Days on Market48
Property Features for 1410-1412 NW 93rd Terrace
General Information
Standard status
Pending
Size
3,733 SF
Total Parking Spaces
6
Property subtype
Residential Income
Zoning
RD-8
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$14,701
Building Details
Building Size
3,733 SF
Year Built
1979
Stories
1
Listing Agency:
The Keyes Company
Listed By:
Steve Levin · License #3068562
(754) 366-7507
Source:
Laerrealty
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 24 at 2:04PM
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 The Keyes Company
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Investment Insights
Based on property information with market context.
This 3,733-square-foot duplex, built in 1979, contains two separate residences with matching three-bedroom, two-bath layouts. Each unit includes a private garage, high ceilings, and a spacious floor plan. Property improvements include a newer roof, updated air-conditioning systems, replacement water heaters, renovated kitchens, and refreshed bathrooms.
The property is located at 1410-1412 NW 93rd Terrace in Coral Springs, east of University Drive, and carries RD-8 zoning. The configuration supports separate residential occupancy within a single duplex property, with FHA and VA eligibility identified for the offering.
The property is located at 1410-1412 NW 93rd Terrace in Coral Springs, east of University Drive, and carries RD-8 zoning. The configuration supports separate residential occupancy within a single duplex property, with FHA and VA eligibility identified for the offering.
Key Highlights
- 3,733 SF duplex built in 1979
- Two 3‑bedroom, 2‑bath residences
- Private garage serving each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,539
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,290,780
$1.3M
Cap Rate 7%
$921,986
$922.0K
Cap Rate 9%
$717,100
$717.1K
Market Conditions
NOI Build-Up for 3,733 SF
Gross rent
$96.3K $25.80/SF
− Vacancy
−$4.1K −$1.10/SF
EGI
$92.2K $24.70/SF
− OpEx
−$27.7K −$7.41/SF
NOI
$64.5K $17.29/SF
Area
Coral Springs, FL
Vacancy
4.27%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,290,780
Cap Rate 7%
$921,986
Cap Rate 9%
$717,100
Alternative Uses
Best Use
Multifamily LT 5
$922.0K
$806.7K – $1.08M
NOI $64,539 @ 7.0% cap · market cap 7.78%
Second Best
Apartment 5plus
$850.4K
$744.1K – $992.2K
NOI $59,529 @ 7.0% cap · market cap 7.17%
Theoretical Best
Specialty Retail
$6.37M
$5.57M – $7.43M
NOI $445,609 @ 7.0% cap · market cap 53.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,901
Businesses Nearby
Explore this area
Business Placement
Demographics for 33071, FL
40,026
Population
14,184
Households
2.8
Avg Household Size
40
Median Age
43%
College-Educated
95%
High-School Grad
7.5 sq mi
ZIP Area
5,337
Density / Sq Mi
$100,279
Median Household Income
$50,090
Median Earnings
$2,092
Median Rent
$537,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences offer private garages, high ceilings, and refreshed kitchens and bathrooms.
Where is this duplex located?
The property is located at 1410-1412 NW 93rd Terrace Coral Springs, FL.
What is the asking price?
The asking price for this property is $830,000.
What are key features of this property?
This property features: 3,733 SF duplex built in 1979; Two 3‑bedroom, 2‑bath residences; Private garage serving each residence
