Duplex with Central
3691 NW 78th Ln, Coral Springs, FL 33065
For Sale
$599,500
RD-8 zoning and central air serve this two-unit residential property.
Property Size7,499 SF
Price / SF$248.24
Days on Market186
Property Features for 3691 NW 78th Ln
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Net Operating Income
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Amenities
Central Air
Central
Building Details
Building Size
Year Built
Stories
Listing Agency:
Reeve Real Estate
Listed By:
Charles D Medalie
(754) 223-0975
Source:
Evrealestate
Added: May 6
Changed: Nov 6
Last Checked: Nov 6 at 2:36PM
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 Reeve Real Estate
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Investment Insights
Based on property information with market context.
This duplex contains 2,415 square feet and was built in 1972. Central air is among its interior features, and the property is zoned RD-8.
Key Highlights
- 2,415‑square‑foot duplex
- Built in 1972
- RD‑8 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,753
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$835,060
$835.1K
Cap Rate 7%
$596,471
$596.5K
Cap Rate 9%
$463,922
$463.9K
Market Conditions
NOI Build-Up for 2,415 SF
Gross rent
$62.3K $25.80/SF
− Vacancy
−$2.7K −$1.10/SF
EGI
$59.6K $24.70/SF
− OpEx
−$17.9K −$7.41/SF
NOI
$41.8K $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%
$835,060
Cap Rate 7%
$596,471
Cap Rate 9%
$463,922
Alternative Uses
Best Use
Multifamily LT 5
$596.5K
$521.9K – $695.9K
NOI $41,753 @ 7.0% cap · market cap 6.96%
Second Best
Apartment 5plus
$550.2K
$481.4K – $641.9K
NOI $38,511 @ 7.0% cap · market cap 6.42%
Theoretical Best
Specialty Retail
$4.12M
$3.60M – $4.80M
NOI $288,279 @ 7.0% cap · market cap 48.09%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
684
Businesses Nearby
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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
$416,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Broward County, FL
Properties on Market for Duplexes in Broward County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - RD-8 zoning and central air serve this two-unit residential property.
Where is this duplex located?
The property is located at 3691 NW 78th Ln Coral Springs, FL.
What is the asking price?
The asking price for this property is $599,500.
What are key features of this property?
This property features: 2,415‑square‑foot duplex; Built in 1972; RD‑8 zoning
