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    Coral Springs Triplex Investment Opportunity Title is generated by Realmo AI

    3502 Riverside Dr, Coral Springs, FL 33065

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    For Sale
    $899,000

    Fully leased triplex in Coral Springs, generating $72,000 gross annual rent.

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

    Property Features for 3502 Riverside Dr

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1973

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    Listing Contact
    Patrick Barnicle

    Listing agent Patrick Barnicle

    Listing office

    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 Patrick Barnicle

    HighLights

    • Fully leased triplex generating $72,000 gross annual rent.
    • Located in highly desirable Coral Springs, a strong rental market.
    • Net Operating Income (NOI) of approximately $52,000 annually.
    • Approximate 5.8% cap rate based on a $900,000 market value.
    • Each unit has on‑site parking and private yard space.
    • Property backs up to a canal, offering added privacy.

    Overview

    This fully leased triplex is located in Coral Springs and offers an investment opportunity in a strong rental market. The property generates approximately $72,000 in gross annual rent. Estimated total landlord expenses, including taxes, are approximately $20,000 annually, producing an estimated Net Operating Income of approximately $52,000. Based on an estimated market value of $900,000, this property offers an approximate 5.8% cap rate. Each unit includes on-site parking and private yard space. The property backs up to a canal, offering added privacy. It is located in a residential community near shopping, major roadways, parks, and schools. The area has strong demand with a consistent rental history. This is a turn-key multifamily asset offering dependable performance and long-term appreciation potential. The bike score is 59, making it bikeable. The walk score is 71, indicating it is very walkable, and the transit score is 34, suggesting some transit options are available.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center 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
    -80.2346173
    Latitude
    26.2736278

    FAQs

    What type of property is this?
    Triplex - Fully leased triplex in Coral Springs, generating $72,000 gross annual rent.
    Where is this triplex located?
    The property is located at 3502 Riverside Dr Coral Springs, FL.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: Fully leased triplex generating $72,000 gross annual rent.; Located in highly desirable Coral Springs, a strong rental market.; Net Operating Income (NOI) of approximately $52,000 annually.
    More about this property
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