3783 Coconut Road, Palm Springs, FL 33461
Six units across two triplexes in Palm Springs, Florida.
- Added:
- Aug 16, 2024
- Days on Market:
- 691
- Last Refresh:
- Jun 22 at 8:53 pm
Property Features for 3783 Coconut Road
General Information
- Standard status
- Active
- Size
- 5,544 SF
- Lot size
- 0.95 Acres
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1978
Listing office LoKation
Listing date Aug 16, 2024
Source Crexi
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 LoKation
HighLights
- Investment opportunity: 6 units across 2 triplexes for rental income.
- Prime location: Close to schools, shopping, dining, and major highways.
- Spacious layouts with modern amenities and ample natural light in each unit.
- Property includes (2) 3/2 units and (4) 2/2 units.
- Large communal yard and on‑site parking.
- Updated interiors.
Overview
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 | $139.7k | $25.20 |
| − Vacancy | −$7.7k | −$1.39 |
| EGI | $132.0k | $23.81 |
| − OpEx | −$39.6k | −$7.14 |
| NOI | $92.4k | $16.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Palm Springs
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0996929
- Latitude
- 26.6210007
