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4-Unit Quadplex with Private Patios
New
For Sale
$1,225,000

4341 Riverside Dr, Coral Springs, FL 33065

Residential Income, Coral Springs, FL

Property Size3,964 SF
Price / SF$309.03
Days on Market4

Property Features for 4341 Riverside Dr

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description RM-20
Bedrooms 8
Full bathrooms 8
Rooms Bathroom 7, Bathroom 6, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 4, Bedroom 8, Bathroom 8, Bathroom 5, Bedroom 7, Bathroom 3, Bedroom 6
Parking 8
Subdivision CORAL SPRINGS SUB NO 1
Lot features < 1/4 Acre
Standard status Active
APN 484114010210
Size 3,964 SF

Taxes and HOA fees

Tax Year 2025
Tax Description CORAL SPRINGS SUB NO 1 59-30 B LOT 5 BLK B
Tax Annual Amount 19784
Legal Description CORAL SPRINGS SUB NO 1 59-30 B LOT 5 BLK B

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air

Amenities

central a/c
on-site laundry
covered private patio

Building Details

Year built 1973
Floors in Building 2
Flooring type Tile - Ceramic, Marble
Building materials Block
Roof type Tile
Architectural style Other
Listing Agency: RPM LUXE REALTY
Listed By: Rodger Morelli · License #3059403
Added: Oct 15 Last Checked: Oct 18 at 10:06AM
MLS# A12061568

Copyright © 2026 Miami REALTORS®. 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 3,964-square-foot quadplex contains four two-bedroom, two-bath residences, each arranged with a split-bedroom floor plan and a covered private patio. Central air conditioning, on-site laundry, and separate electric meters serve the property. Recent improvements include stainless steel appliances, refreshed kitchen cabinetry, interior paint, and updated air handlers; select units also have porcelain tile flooring and new closet doors.

Built in 1973, the block-constructed property has eight private parking spaces and a tile roof. It is located in Coral Springs, Florida.

Key Highlights

  • Four 2‑bedroom, 2‑bath residences in a 3,964‑square‑foot building
  • Eight private parking spaces
  • Split‑bedroom layouts and covered private patios

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$68,533
Cap Rate
5.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,370,660 $1.4M
Cap Rate 7%
$979,043 $979.0K
Cap Rate 9%
$761,478 $761.5K
Market Conditions
NOI Build-Up for 3,964 SF
Gross rent
$102.3K $25.80/SF
− Vacancy
−$4.4K −$1.10/SF
EGI
$97.9K $24.70/SF
− OpEx
−$29.4K −$7.41/SF
NOI
$68.5K $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%
$1,370,660
Cap Rate 7%
$979,043
Cap Rate 9%
$761,478

Alternative Uses

Best Use
Multifamily LT 5
$979.0K
$856.7K – $1.14M (±1% cap)
NOI $68,533 @ 7.0% cap · market cap 5.59%
Second Best
Apartment 5plus
$903.0K
$790.2K – $1.05M (±1% cap)
NOI $63,212 @ 7.0% cap · market cap 5.16%
Theoretical Best
Specialty Retail
$6.76M
$5.91M – $7.89M (±1% cap)
NOI $473,184 @ 7.0% cap · market cap 38.63%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Locksmith Cafe & Coffee Shop Storage Facility Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,096
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four residences offer split-bedroom layouts, central air conditioning, and on-site laundry.
Where is this quadplex located?
The property is located at 4341 Riverside Dr Coral Springs, FL.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: Four 2‑bedroom, 2‑bath residences in a 3,964‑square‑foot building; Eight private parking spaces; Split‑bedroom layouts and covered private patios
More about this property
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