Renovated Two-Unit
For Sale
$700,000
4017 Woodside Drive, Coral Springs, FL 33065
Two-bedroom residences include private entrances, in-unit laundry, impact windows, and views of a canal.
Property Size2,059 SF
Price / SF$339.97
Days on Market20
Property Features for 4017 Woodside Drive
General Information
Standard status
Active
Size
2,059 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Amenities
washer and dryer
private entrances
impact windows
updated landscaping
spacious fenced yard
relaxing canal views
Building Details
Year Built
1971
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Miguel A Navarro · License #3282725
(954) 330-9076
Source:
Lehmannflorida
Added: Oct 1
Changed: Oct 19
Last Checked: Oct 19 at 2:28PM
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 EXP Realty LLC
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Investment Insights
Based on property information with market context.
This duplex contains two renovated units, each with two bedrooms and two bathrooms. The 2,059-square-foot property was built in 1971 and features updated flooring, lighting, and kitchens equipped with new appliances. Both residences have private entrances, impact windows, and individual washers and dryers.
Outside, updated landscaping frames a fenced yard with canal views. Parking accommodates several cars.
Outside, updated landscaping frames a fenced yard with canal views. Parking accommodates several cars.
Key Highlights
- Two units, each with 2 bedrooms and 2 bathrooms
- 2,059 square feet; built in 1971
- Renovated kitchens with new appliances, updated flooring, and upgraded lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,598
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$711,960
$712.0K
Cap Rate 7%
$508,543
$508.5K
Cap Rate 9%
$395,533
$395.5K
Market Conditions
NOI Build-Up for 2,059 SF
Gross rent
$53.1K $25.80/SF
− Vacancy
−$2.3K −$1.10/SF
EGI
$50.9K $24.70/SF
− OpEx
−$15.3K −$7.41/SF
NOI
$35.6K $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%
$711,960
Cap Rate 7%
$508,543
Cap Rate 9%
$395,533
Alternative Uses
Best Use
Multifamily LT 5
$508.5K
$445.0K – $593.3K
NOI $35,598 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$469.1K
$410.4K – $547.2K
NOI $32,834 @ 7.0% cap · market cap 4.69%
Theoretical Best
Specialty Retail
$3.51M
$3.07M – $4.10M
NOI $245,783 @ 7.0% cap · market cap 35.11%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,143
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom residences include private entrances, in-unit laundry, impact windows, and views of a canal.
Where is this duplex located?
The property is located at 4017 Woodside Drive Coral Springs, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 2 bathrooms; 2,059 square feet; built in 1971; Renovated kitchens with new appliances, updated flooring, and upgraded lighting
