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Property profile & analytics
OFF-MARKET
Commercial real estate

10901-10931 Royal Palm Blvd Coral Springs, FL 33065

14,880 SF Built 1992
Property ID
Property summary
AI-generated overview

This exceptional multifamily investment opportunity presents a rare chance to acquire a well-maintained 16-unit property situated on a single lot in the desirable Coral Springs, Florida neighborhood. The property consists of two side-by-side buildings, each boasting eight units. The unit mix includes four three-bedroom, two-bathroom units and four two-bedroom, two-bathroom units. Built in 1992, the property features a brand new roof, significantly enhancing its value and reducing future maintenance costs. Each unit is equipped with its own electric meter, providing individual utility control and cost efficiency. Residents enjoy the convenience of two assigned parking spaces per unit, along with private patios and individual inside washer/dryer hookups. Further enhancing the appeal, each unit includes a small storage closet. The property's location offers easy access to excellent schools, major highways, a wide array of shopping options, and diverse dining experiences. With its strong tenant base and desirable amenities, this property represents a compelling investment opportunity in a thriving Florida market. The total square footage is 14,880 across the two two-story buildings. The asking price is $5,600,000. This property is located at 10901-10931 Royal Palm Blvd, Coral Springs, FL 33065.

Property profile
Verified
Property type Commercial real estate
Year built 1992
Total area 14,880 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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