Crescent Cove Condominium
For Sale
Contact for pricing
Pending
8300 Coral Lake Ln, Coral Springs, FL 33065
Fractured condominium community in Coral Springs, Florida, offering value-add potential.
Property Size900 SF
Lot Size13.00 Acres
Days on Market166
Property Features for 8300 Coral Lake Ln
General Information
Standard status
Pending
Size
900 SF
Total Parking Spaces
455
Lot size
13.00 Acres
Property subtype
Multifamily
Occupancy
94%
Building Details
Year Built
1987
Buildings
30
Stories
2
Units
111
Listing Agency:
Berkadia Investment Sales
Listed By:
Yoav Yuhjtman · License #FL SL3309889
Source:
Crexi
Added: Mar 17
Changed: Aug 17
Last Checked: Aug 28 at 7:00PM
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 Berkadia Investment Sales
Investment Insights
Based on property information with market context.
Crescent Cove presents the opportunity to acquire a fractured condominium community. The property consists of 111 units out of 260 (43% ownership) with full board control, spanning 13 acres fronting W Sample Rd in Coral Springs, FL. The property consists of one- and two-bedroom units averaging nearly 900 square feet. With average rents of $1,844, Crescent Cove boasts leases that are below market value, offering a buyer upside through both organic rent growth and value-add potential. There is also the opportunity to acquire more individual units within the community to unlock further value. The HOA has undergone significant investments in capital expenditures over the last few years, including HVAC, roofing, and appliances.
Key Highlights
- Fractured condominium community with 43% ownership and full board control.
- Upside potential through organic rent growth and value‑add improvements.
- Opportunity to acquire additional individual units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
748
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Fractured condominium community in Coral Springs, Florida, offering value-add potential.
Where is this apartment building located?
The property is located at 8300 Coral Lake Ln Coral Springs, FL.
What are key features of this property?
This property features: Fractured condominium community with 43% ownership and full board control.; Upside potential through organic rent growth and value‑add improvements.; Opportunity to acquire additional individual units.
