Quadplex with Impact Glass
For Sale
$1,399,000
7521 NW 44th Court, Coral Springs, FL 33065
MULTI_FAMILY - Coral Springs, FL
Property Size3,195 SF
Lot Size0.17 Acres
Price / SF$437.87
Days on Market99
Property Features for 7521 NW 44th Court
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
RM-20
Bedrooms
4
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 2
Window features
Storm Window(s)
Pets allowed
Yes, Dogs OK, Cats OK
Fencing
Chain Link, Gate, Fenced
Subdivision
THE DELLS
View
City
Elementary school
James S. Hunt
Middle school
Forest Glen
High school
Coral Springs
Directions
Wiles rd west to Woodside Dr, south to 44th then east to property.
Standard status
Active
APN
484114041440
Size
3,195 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
THE DELLS 64-40 B LOT 63 BLK D
Tax Annual Amount
20193
Legal Description
THE DELLS 64-40 B LOT 63 BLK D
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Amenities
inside laundry facilities
private patios
impact glass windows
new appliances
new floors
new AC units
Building Details
Year built
1972
Floors in Building
1
Number of units
2
Flooring type
Tile - Ceramic, Wood, Laminate
Building materials
Block, CBS, Stucco
Roof type
Tile
Listing Agency:
Century 21 WC Realty · Century 21 Real Estate
(561) 283-8833
Listed By:
Frank M Alvarez · License #3132637
(561) 568-0351
Added: May 8
Changed: Aug 2
Last Checked: Aug 14 at 10:06AM
MLS# B26025978
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 quadplex offers four rental units in a block and CBS stucco building constructed in 1972. The property includes private patios, inside laundry facilities, and impact glass windows designed for added safety and energy efficiency. Interior finishes include a mix of tile, wood, and laminate flooring, with new appliances and new floors mentioned for a refreshed look. Heating is provided via electric heating and central systems, with cooling through central air and ceiling fans.
The site is 0.17 acres and is zoned RM-20. Construction features include chain link fencing with a gate, and the property benefits from public water and public sewer, with cable available. Each unit is described as having two parking spaces.
Available information also references that some units include new AC units for improved comfort and efficiency, supporting an updated tenant-ready configuration.
The site is 0.17 acres and is zoned RM-20. Construction features include chain link fencing with a gate, and the property benefits from public water and public sewer, with cable available. Each unit is described as having two parking spaces.
Available information also references that some units include new AC units for improved comfort and efficiency, supporting an updated tenant-ready configuration.
Key Highlights
- Four‑unit quadplex with private patios and inside laundry facilities
- Impact glass windows and new appliances throughout
- Two parking spaces per unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$55,238
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,104,760
$1.1M
Cap Rate 7%
$789,114
$789.1K
Cap Rate 9%
$613,756
$613.8K
Market Conditions
NOI Build-Up for 3,195 SF
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.
Gross rent
$82.4K $25.80/SF
− Vacancy
−$3.5K −$1.10/SF
EGI
$78.9K $24.70/SF
− OpEx
−$23.7K −$7.41/SF
NOI
$55.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,104,760
Cap Rate 7%
$789,114
Cap Rate 9%
$613,756
Alternative Uses
Best Use
Multifamily LT 5
$789.1K
$690.5K – $920.6K
NOI $55,238 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$727.8K
$636.9K – $849.2K
NOI $50,949 @ 7.0% cap · market cap 3.64%
Theoretical Best
Specialty Retail
$5.45M
$4.77M – $6.36M
NOI $381,388 @ 7.0% cap · market cap 27.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
865
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit quadplex zoned RM-20 with impact glass windows, private patios, and two parking spaces per unit.
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: Four‑unit quadplex with private patios and inside laundry facilities; Impact glass windows and new appliances throughout; Two parking spaces per unit
