Two-Unit Duplex with
New
For Sale
$899,900
3259 NW 118TH Lane, Coral Springs, FL 33065
Residential Income, Coral Springs, FL
Property Size3,462 SF
Lot Size0.25 Acres
Price / SF$259.94
Days on Market1
Property Features for 3259 NW 118TH Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RD-8
Bedrooms
6
Full bathrooms
4
Rooms
Bedroom 2, Bathroom 2, Bathroom 4, Bathroom 3, Bedroom 6, Bedroom 4, Bedroom 5, Bedroom 3, Bedroom 1, Bathroom 1
Pets allowed
Yes, No
Exterior features
Courtyard
Subdivision
CORAL SPRINGS COUNTRY CLUB
Elementary school
Westchester
Middle school
Sawgrass Springs
High school
Coral Glades
Standard status
Active
APN
484119030550
Size
3,462 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CORAL SPRINGS COUNTRY CLUB WEST ADD 74-36 B LOT 1 BLK D
Tax Annual Amount
14594
Legal Description
CORAL SPRINGS COUNTRY CLUB WEST ADD 74-36 B LOT 1 BLK D
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1974
Floors in Building
1
Number of units
2
Flooring type
Tile - Ceramic, Tile
Building materials
Concrete Block - With Stucco
Roof type
Barrel
Listing Agency:
LoKation
(954) 545-5583
Listed By:
Aziz A Charania · License #3132256
(786) 508-2450
Added: Oct 22
Last Checked: Oct 22 at 4:06PM
MLS# B26091491
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,462-square-foot duplex, built in 1974, contains two residences on a 0.25-acre corner parcel. Unit 1 has a one-car garage, laundry room, kitchen, family room, Florida room, and enclosed patio. Unit 2 features an eat-in kitchen, family room, Florida room, enclosed patio, and parking for two cars in addition to a circular driveway.
The property is zoned RD-8. Both units have central heating and central air; public water and public sewer serve the site.
The property is zoned RD-8. Both units have central heating and central air; public water and public sewer serve the site.
Key Highlights
- Two‑unit duplex with 3,462 square feet of building area
- 0.25‑acre corner parcel zoned RD‑8
- Unit 1 includes a one‑car garage and laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,854
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,197,080
$1.2M
Cap Rate 7%
$855,057
$855.1K
Cap Rate 9%
$665,044
$665.0K
Market Conditions
NOI Build-Up for 3,462 SF
Gross rent
$89.3K $25.80/SF
− Vacancy
−$3.8K −$1.10/SF
EGI
$85.5K $24.70/SF
− OpEx
−$25.7K −$7.41/SF
NOI
$59.9K $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%
$1,197,080
Cap Rate 7%
$855,057
Cap Rate 9%
$665,044
Alternative Uses
Best Use
Multifamily LT 5
$855.1K
$748.2K – $997.6K
NOI $59,854 @ 7.0% cap · market cap 6.65%
Second Best
Apartment 5plus
$788.7K
$690.1K – $920.1K
NOI $55,207 @ 7.0% cap · market cap 6.13%
Theoretical Best
Specialty Retail
$5.90M
$5.17M – $6.89M
NOI $413,260 @ 7.0% cap · market cap 45.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,044
Businesses Nearby
Explore this area
Business Placement
Demographics for 33065, FL
59,668
Population
21,416
Households
2.8
Avg Household Size
36
Median Age
31%
College-Educated
93%
High-School Grad
8.6 sq mi
ZIP Area
6,938
Density / Sq Mi
$70,435
Median Household Income
$36,255
Median Earnings
$1,833
Median Rent
$416,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - One residence includes a garage, while the other has a circular driveway and parking for two cars.
Where is this duplex located?
The property is located at 3259 NW 118TH Lane Coral Springs, FL.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Two‑unit duplex with 3,462 square feet of building area; 0.25‑acre corner parcel zoned RD‑8; Unit 1 includes a one‑car garage and laundry room
