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Duplex with Private Yards
For Sale
$599,500

3691 NW 78th Ln, Coral Springs, FL 33065

Residential Income, Coral Springs, FL

Property Size2,415 SF
Price / SF$248.24
Days on Market88

Property Features for 3691 NW 78th Ln

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description RD-8
Bedrooms 4
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 3
Parking 1
Subdivision CORAL SPRINGS SUB NO 1
Directions Head toward NW 78th Ln, Turn left onto NW 78th LnDestination will be on the left.
Standard status Active
APN 484114015260
Size 2,415 SF

Taxes and HOA fees

Tax Year 2025
Tax Description CORAL SPRINGS SUB NO 1 59-30 B LOT 5 BLK X
Tax Annual Amount 12007
Legal Description CORAL SPRINGS SUB NO 1 59-30 B LOT 5 BLK X

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

impact windows
in-unit laundry
central air conditioning
fenced backyard

Building Details

Year built 1972
Floors in Building 1
Flooring type Tile - Ceramic
Building materials CBSConcreteBlockStructure, Block
Roof type Barrel
Listing Agency: Propertio
Listed By: Alin Zdroba · License #3257641
Added: Jul 18 Changed: Oct 13 Last Checked: Oct 13 at 6:06PM
MLS# A12014407

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,415-square-foot duplex, built in 1972, contains two residences, each with two bedrooms and one bathroom. The units have ceramic tile flooring, impact windows, central air conditioning, and an individual laundry room. Each residence also has its own fenced backyard. The layouts are described as convertible to three bedrooms and one bathroom per unit.

Both units are currently rented, with one on a month-to-month arrangement. The property includes a sprinkler system and parking for both residences.

Key Highlights

  • Two residences, each with 2 bedrooms and 1 bathroom
  • 2,415 square feet; built in 1972
  • Impact windows and a sprinkler system

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 (±1% cap)
NOI $41,753 @ 7.0% cap · market cap 6.96%
Second Best
Apartment 5plus
$550.2K
$481.4K – $641.9K (±1% cap)
NOI $38,511 @ 7.0% cap · market cap 6.42%
Theoretical Best
Specialty Retail
$4.12M
$3.60M – $4.80M (±1% cap)
NOI $288,279 @ 7.0% cap · market cap 48.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Locksmith Grocery & Convenience Store Daycare Center Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

684
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences offer in-unit laundry, central air conditioning, and separate fenced outdoor areas.
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: Two residences, each with 2 bedrooms and 1 bathroom; 2,415 square feet; built in 1972; Impact windows and a sprinkler system
More about this property
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