Updated Two-Unit
For Sale
$350,000
Pending
4263 NW 115th Avenue, Coral Springs, FL 33065
Residential Income, Coral Springs, FL
Property Size1,670 SF
Days on Market105
Property Features for 4263 NW 115th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM-15
Bedrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 4, Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 4
Pets allowed
Breed Restrictions, Yes
Pool private
1
Subdivision
CORAL VILLAGE CONDO
Elementary school
Coral Springs
Middle school
Coral Springs
High school
Coral Glades
Standard status
Pending
APN
484117af0490
Size
1,670 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
CORAL VILLAGE CONDO UNIT 4263 BLDG 5 PER CDO CIN# 104203350
Tax Annual Amount
6916
Expense value
150
Expense
Application Fee
Expense freq.
One Time
HOA Fee
$882 Monthly
Legal Description
CORAL VILLAGE CONDO UNIT 4263 BLDG 5 PER CDO CIN# 104203350
Utilities
Utilities
Cable Available
Sewer type
Private Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
community pool
Building Details
Year built
1988
Floors in Building
2
Number of units
2
Flooring type
Tile
Building materials
Concrete
Roof type
Tile
Listing Agency:
Fidelity Real Estate Group LLC
(954) 345-9144
Listed By:
Carlos A Montoya · License #0623048
(954) 234-7653
Added: Jul 14
Changed: Oct 22
Last Checked: Oct 26 at 5:06AM
MLS# B26053068
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This two-unit duplex includes 1,670 square feet across two condominium residences in the same building. Each unit has two bedrooms and two bathrooms, along with an updated kitchen, stainless steel appliances, tile flooring, an eat-in kitchen, and a full-size washer and dryer. Concrete construction dates to 1988, with central heating and central air conditioning serving the property.
The property is located at 4263 NW 115th Avenue in Coral Springs, Florida, within RM-15 zoning. Public water and private sewer serve the site, and cable is available. Tile roofing and the shared-building configuration add to the property's existing physical characteristics.
The property is located at 4263 NW 115th Avenue in Coral Springs, Florida, within RM-15 zoning. Public water and private sewer serve the site, and cable is available. Tile roofing and the shared-building configuration add to the property's existing physical characteristics.
Key Highlights
- Two 2‑bedroom, 2‑bathroom condominium units in the same building
- 1670 square feet of total property size
- Updated kitchens with stainless steel appliances and eat‑in areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,872
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,440
$577.4K
Cap Rate 7%
$412,457
$412.5K
Cap Rate 9%
$320,800
$320.8K
Market Conditions
NOI Build-Up for 1,670 SF
Gross rent
$43.1K $25.80/SF
− Vacancy
−$1.8K −$1.10/SF
EGI
$41.2K $24.70/SF
− OpEx
−$12.4K −$7.41/SF
NOI
$28.9K $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%
$577,440
Cap Rate 7%
$412,457
Cap Rate 9%
$320,800
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.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,065
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 condominium residences share one building and offer updated finishes, in-unit laundry, and central cooling.
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: Two 2‑bedroom, 2‑bathroom condominium units in the same building; 1670 square feet of total property size; Updated kitchens with stainless steel appliances and eat‑in areas
