8704 NW 38th Dr Coral Springs, FL 33065

Building Details

Year Built 1978

Listing Agency: Compra Venta Miami v***@gmail.com Show Phone

Listed By: Victor Persia · License #3194931 Show Phone

Source: Elliman

Added: Apr 24 Changed: Jul 10 Last Checked: Jul 27 at 1:12PM

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Investment Insights

Based on property information with market context.

This is a fully occupied five-plex located at 8704 NW 38th Drive, featuring five 2-bedroom, 1-bathroom units. All units are currently rented, offering low maintenance and immediate cash flow. The property is located in Coral Springs, a location that maintains strong demand and low vacancies. It is suitable for portfolio builders, passive investors, or 1031 exchange buyers seeking stable returns. The property has a bike score of 58, indicating it is bikeable, a walk score of 69, indicating it is somewhat walkable, and a transit score of 34, indicating some transit options are available.

Key Highlights

• Immediate cash flow from a fully occupied five‑plex.
• Low‑maintenance property requiring minimal upkeep.
• Prime Coral Springs location with strong rental demand and low vacancies.

Property Analytics

Property Profile Location Intelligence

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Discount Store Catering Service

Zoning and permitted uses should be independently verified with authorities.

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Frequently Asked Questions

What type of property is this?

Apartment building - Five-unit multifamily property in Coral Springs with immediate cash flow.

Where is this apartment building located?

The property is located at 8704 NW 38th Dr Coral Springs, FL.

What is the asking price?

The asking price for this property is $1,750,000.

What are key features of this property?

This property features: Immediate cash flow from a fully occupied five‑plex.; Low‑maintenance property requiring minimal upkeep.; Prime Coral Springs location with strong rental demand and low vacancies.