Duplex with Impact
3691 Northwest 78th Lane Coral Springs, FL 33065
3691 Northwest 78th Lane, Coral Springs, FL, 33065
$699,000
For Sale
$699,000
Two 2-bedroom units with impact windows, each with laundry, central A/C, and parking, offered with one month-to-month tenant.
Property Size2,415 SF
Price / SF$289.44
Days on Market79
Property Features for 3691 Northwest 78th Lane
General Information
- Standard status
- Active
- Size
- 2,415 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1972
Listing agency
Propertio
(888) 817-3383
Listed by
Alin Zdroba · License #3257641
(888) 817-3383
Source
Compass
Added: May 5 Updated: Jul 21 at 4:05AM Checked: Jul 22 at 8:25AM
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 Propertio
Investment Insights
Based on property information with market context.
This duplex for sale features two rental units, each with 2 bedrooms and 1 bathroom. The property includes impact windows throughout, central A/C, and an in-unit laundry room for each unit, along with parking spaces for both units. A sprinkler system is in place for the building.
The layout may offer flexibility, as the property could potentially be converted to a configuration with 3 bedrooms and 1 bathroom. As currently operated, the units are rented, with one unit on a month-to-month arrangement.
Located at 3691 Northwest 78th Lane in Coral Springs, Florida, this income-producing duplex presents a straightforward ownership option for buyers seeking current rental revenue and possible interior reconfiguration opportunities.
The layout may offer flexibility, as the property could potentially be converted to a configuration with 3 bedrooms and 1 bathroom. As currently operated, the units are rented, with one unit on a month-to-month arrangement.
Located at 3691 Northwest 78th Lane in Coral Springs, Florida, this income-producing duplex presents a straightforward ownership option for buyers seeking current rental revenue and possible interior reconfiguration opportunities.
Key Highlights
- Duplex built in 1972 with two 2‑bedroom, 1‑bath units
- Each unit includes impact windows
- Central A/C plus a laundry room in each unit
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.3k | $25.80 |
| − Vacancy | −$2.7k | −$1.10 |
| EGI | $59.6k | $24.70 |
| − OpEx | −$17.9k | −$7.41 |
| NOI | $41.8k | $17.29 |
2,415 SF · lease $25.80/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$596.5K
$521.9K – $695.9K
NOI $41,753 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$550.2K
$481.4K – $641.9K
NOI $38,511 @ 7.0% cap · market cap 5.51%
Theoretical Best
Specialty Retail
$4.12M
$3.60M – $4.80M
NOI $288,279 @ 7.0% cap · market cap 41.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two 2-bedroom units with impact windows, each with laundry, central A/C, and parking, offered with one month-to-month tenant.
Where is this duplex located?
The property is located at 3691 Northwest 78th Lane Coral Springs, FL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Duplex built in 1972 with two 2‑bedroom, 1‑bath units; Each unit includes impact windows; Central A/C plus a laundry room in each unit
