Spacious Coral Springs
For Sale
$750,000
Pending
3941 NW 110th Ave, Coral Springs, FL 33065
Large 5-bed, 4-bath duplex in quiet neighborhood.
Property Size3,956 SF
Days on Market274
Property Features for 3941 NW 110th Ave
General Information
Standard status
Pending
Size
3,956 SF
Property subtype
Other
Taxes and HOA fees
Annual Taxes
$9,856
Building Details
Building Size
3,956 SF
Year Built
1971
Stories
1
Listing Agency:
(786) 663-6835
Listed By:
Yves Gustinvil
(786) 663-6835
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 27
Last Checked: Aug 29 at 11:08AM
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 Yves Gustinvil
Investment Insights
Based on property information with market context.
Located in Coral Springs, this duplex offers nearly 4,000 sq ft of living space. The property, built with CBS construction, features 5 bedrooms and 4 bathrooms. Situated on a 9,883 sq ft lot in a quiet neighborhood, the duplex is zoned RD-8. Each unit includes open layouts, durable flooring, and private entrances. The property is suitable for multi-generational living or rental income. It provides convenient access to schools, parks, and shopping, presenting a smart investment opportunity.
Key Highlights
- Nearly 4,000 sq ft of living space in a duplex.
- Features 5 bedrooms and 4 bathrooms total.
- Ideal for multi‑generational living or rental income.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$68,395
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.12%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,367,900
$1.4M
Cap Rate 7%
$977,071
$977.1K
Cap Rate 9%
$759,944
$759.9K
Market Conditions
NOI Build-Up for 3,956 SF
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.
Gross rent
$102.1K $25.80/SF
− Vacancy
−$4.4K −$1.10/SF
EGI
$97.7K $24.70/SF
− OpEx
−$29.3K −$7.41/SF
NOI
$68.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,367,900
Cap Rate 7%
$977,071
Cap Rate 9%
$759,944
Alternative Uses
Best Use
Multifamily LT 5
$977.1K
$854.9K – $1.14M
NOI $68,395 @ 7.0% cap · market cap 9.12%
Second Best
Apartment 5plus
$901.2K
$788.6K – $1.05M
NOI $63,085 @ 7.0% cap · market cap 8.41%
Theoretical Best
Specialty Retail
$6.75M
$5.90M – $7.87M
NOI $472,229 @ 7.0% cap · market cap 62.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,494
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Large 5-bed, 4-bath duplex in quiet neighborhood.
Where is this duplex located?
The property is located at 3941 NW 110th Ave Coral Springs, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Nearly 4,000 sq ft of living space in a duplex.; Features 5 bedrooms and 4 bathrooms total.; Ideal for multi‑generational living or rental income.
