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Two-Unit Condominium Duplex

4263 NW 115th Avenue Coral Springs, FL 33065

4263 NW 115th Avenue, Coral Springs, FL, 33065
$350,000
For Sale
$350,000

MULTI_FAMILY - Coral Springs, FL

Property Size1,670 SF
Price / SF$209.58
Days on Market9

Property Features for 4263 NW 115th Avenue

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM-15
Bedrooms
4
Rooms
Bedroom 2, Bedroom 1, Bathroom 4, Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 3
Pets allowed
Breed Restrictions, Yes
Pool private
1
Standard status
Active
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

Utilities

Utilities
Cable Available
Sewer type
Private Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

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
Listed by Carlos A Montoya · License #0623048
Added: Jul 14 Updated: Jul 22 at 1:13AM Checked: Jul 22 at 3:06AM
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.


Investment Insights

Based on property information with market context.

This for-sale duplex-style property consists of two condominiums in the same building, each offering two bedrooms and two bathrooms. Both units are described as nicely updated and include an updated kitchen with stainless steel appliances, tile flooring throughout, and a full-size washer and dryer. Each unit also features an eat-in kitchen.

The property is zoned RM-15 and is located at 4263 NW 115th Avenue in Coral Springs, FL 33065. The listing notes a low monthly maintenance fee of $441 per unit, which includes water, trash, insurance, exterior maintenance, and access to the community pool.

Each unit is presented as independently manageable within the shared building configuration, supporting a straightforward two-door setup for an owner-occupant or investor considering both units together.

Key Highlights

  • Two‑unit condominium property with two updated 2‑bedroom, 2‑bath units in the same building
  • Each unit includes an updated kitchen with stainless steel appliances, tile flooring, and an eat‑in kitchen
  • Each unit has a full‑size washer and dryer

Local 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 (±1% cap)
NOI $28,872 @ 7.0% cap · market cap 8.25%
Second Best
Apartment 5plus
$380.4K
$332.9K – $443.9K (±1% cap)
NOI $26,631 @ 7.0% cap · market cap 7.61%
Theoretical Best
Specialty Retail
$2.85M
$2.49M – $3.32M (±1% cap)
NOI $199,348 @ 7.0% cap · market cap 56.96%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store Restaurant Food Market Locksmith Cafe & Coffee Shop Clothing & Fashion Store Butcher

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two updated 2-bedroom, 2-bath condos in one building, each with in-unit washer/dryer and tile flooring.
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‑unit condominium property with two updated 2‑bedroom, 2‑bath units in the same building; Each unit includes an updated kitchen with stainless steel appliances, tile flooring, and an eat‑in kitchen; Each unit has a full‑size washer and dryer
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