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Turnkey 4-Unit Rental Property

7521 NW 44th Court Coral Springs, FL 33065

7521 NW 44th Court, Coral Springs, FL, 33065
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For Sale
Contact for pricing

Four-unit residential income property with private patios, updated finishes, and in-unit laundry features.

Property Size3,195 SF
Price / SF$437.87
Days on Market68

Property Features for 7521 NW 44th Court

General Information

Standard status
Active
Size
3,195 SF
Property subtype
Multifamily

Building Details

Year Built
1972
Listing Agency CENTURY 21 WC Realty
Listed by Frank Alvarez · License #FL
Source Crexi
Added: May 14 Checked: Jul 17 at 7:45 am

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 CENTURY 21 WC Realty


Investment Insights

Based on property information with market context.

This is a turnkey 4-unit rental property offered for sale, featuring modernized interiors and several in-unit convenience upgrades. The building includes inside laundry facilities and private patios for outdoor use. Each unit is also supported by updated components described in the offering, including new appliances and new floors for a refreshed, move-in-ready look. The property also features impact glass windows intended to improve safety and energy efficiency, and some units have new AC units for added comfort.

Located at 7521 NW 44th Court in Coral Springs, Florida, the property provides parking for residents with 2 parking spaces per unit as stated in the materials. Prospective buyers can arrange a viewing through the listing team.

The layout and amenity set make the property a practical fit for investors seeking a small, manageable residential income asset with in-unit laundry, private outdoor space, and impact-resistant windows. With the updates described throughout, this offering is positioned as a ready-to-operate rental property rather than a ground-up renovation project.

Key Highlights

  • 4‑unit residential income property with private patios
  • Inside laundry facilities included in the units
  • Impact glass windows for added safety and energy efficiency

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 $82.4k $25.80
− Vacancy −$3.5k −$1.10
EGI $78.9k $24.70
− OpEx −$23.7k −$7.41
NOI $55.2k $17.29
3,195 SF · lease $25.80/SF/yr · vacancy 4.27% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$789.1K
$690.5K – $920.6K (±1% cap)
NOI $55,238 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$727.8K
$636.9K – $849.2K (±1% cap)
NOI $50,949 @ 7.0% cap · market cap 3.64%
Theoretical Best
Specialty Retail
$5.45M
$4.77M – $6.36M (±1% cap)
NOI $381,388 @ 7.0% cap · market cap 27.26%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Daycare Center Pharmacy Grocery & Convenience Store Garden Center Cafe & Coffee Shop Storage Facility (Bike/Boat/Book/etc) Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Discount Store

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

FAQs

What type of property is this?
Quadplex - Four-unit residential income property with private patios, updated finishes, and in-unit laundry features.
Where is this quadplex located?
The property is located at 7521 NW 44th Court Coral Springs, FL.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 4‑unit residential income property with private patios; Inside laundry facilities included in the units; Impact glass windows for added safety and energy efficiency
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