Four-Unit Residential Income
4341 RIVERSIDE Drive Unit A-D Coral Springs, FL 33065
For Sale
$1,250,000
For sale quadplex offering four residential units under one ownership structure in Coral Springs, FL.
Property Size3,964 SF
Price / SF$315.34
Days on Market8
Property Features for 4341 RIVERSIDE Drive Unit A-D
General Information
Standard status
Active
Size
3,964 SF
Property subtype
Quadruplex
Building Details
Year Built
1973
Listing Agency:
RPM LUXE REALTY
(561) 929-7317
Listed By:
Rodger P Morelli, MBA · License #A11982609
(561) 929-7317
Source:
Riserealty
Added: Jul 20
Changed: Jul 24
Last Checked: Jul 27 at 5:40AM
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 RPM LUXE REALTY
Investment Insights
Based on property information with market context.
This property is a four-unit residential income offering (quadplex) presented for sale as a single asset. It consists of units A through D, providing four separate residential units within the same property structure.
The address is 4341 Riverside Drive, Unit A-D, Coral Springs, FL 33065.
The asset is listed for $1,250,000 and includes a property size of 3,964 (as provided in the listing data).
The address is 4341 Riverside Drive, Unit A-D, Coral Springs, FL 33065.
The asset is listed for $1,250,000 and includes a property size of 3,964 (as provided in the listing data).
Key Highlights
- Quadplex with four residential units under one ownership structure
- Built in 1973
- Located in Coral Springs, FL
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 | $102.3k | $25.80 |
| − Vacancy | −$4.4k | −$1.10 |
| EGI | $97.9k | $24.70 |
| − OpEx | −$29.4k | −$7.41 |
| NOI | $68.5k | $17.29 |
3,964 SF · lease $25.80/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$979.0K
$856.7K – $1.14M
NOI $68,533 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$903.0K
$790.2K – $1.05M
NOI $63,212 @ 7.0% cap · market cap 5.06%
Theoretical Best
Specialty Retail
$6.76M
$5.91M – $7.89M
NOI $473,184 @ 7.0% cap · market cap 37.85%
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?
Quadplex - For sale quadplex offering four residential units under one ownership structure in Coral Springs, FL.
Where is this quadplex located?
The property is located at 4341 RIVERSIDE Drive Unit A-D Coral Springs, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Quadplex with four residential units under one ownership structure; Built in 1973; Located in Coral Springs, FL
