Residential Income
4263 NW 115th Avenue Coral Springs, FL 33065
For Sale
$350,000
Duplex residential income property offered for sale in Coral Springs, Florida.
Property Size1,670 SF
Price / SF$209.58
Days on Market16
Property Features for 4263 NW 115th Avenue
General Information
Standard status
Active
Size
1,670 SF
Property subtype
Duplex
Building Details
Year Built
1988
Listing Agency:
Fidelity Real Estate Group LLC
(954) 234-7653
Listed By:
Carlos A Montoya · License #A11982609
(954) 234-7653
Source:
Riserealty
Added: Jul 14
Changed: Jul 25
Last Checked: Jul 29 at 5:37AM
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 Fidelity Real Estate Group LLC
Investment Insights
Based on property information with market context.
This duplex residential income property is being offered for sale. The asset falls under residential income and multifamily property types, with a total property size of 1,670 square feet.
The property is located at 4263 NW 115th Avenue in Coral Springs, Florida 33065.
Specific unit configuration, interior condition, and amenity details were not provided.
The property is located at 4263 NW 115th Avenue in Coral Springs, Florida 33065.
Specific unit configuration, interior condition, and amenity details were not provided.
Key Highlights
- Duplex residential income property for sale in Coral Springs, Florida
- Built in 1988
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 | $43.1k | $25.80 |
| − Vacancy | −$1.8k | −$1.10 |
| EGI | $41.2k | $24.70 |
| − OpEx | −$12.4k | −$7.41 |
| NOI | $28.9k | $17.29 |
1,670 SF · lease $25.80/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$412.5K
$360.9K – $481.2K
NOI $28,872 @ 7.0% cap · market cap 8.25%
Second Best
Apartment 5plus
$380.4K
$332.9K – $443.9K
NOI $26,631 @ 7.0% cap · market cap 7.61%
Theoretical Best
Specialty Retail
$2.85M
$2.49M – $3.32M
NOI $199,348 @ 7.0% cap · market cap 56.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex residential income property offered for sale in Coral Springs, Florida.
Where is this duplex located?
The property is located at 4263 NW 115th Avenue Coral Springs, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Duplex residential income property for sale in Coral Springs, Florida; Built in 1988
