Current Use by Public Records
- Apartment buildings
Property Details for 3751 115Th Ave
- Year built
- 1973
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This 2-unit apartment building, built in 1973, presents a compelling investment opportunity in Coral Springs, Florida. Located at 3751 NW 115th Ave, 33065, this single-story property offers two generously sized units, each boasting three large bedrooms and two full bathrooms. Both units feature ample closet space and large enclosed patios with attached storage rooms. The kitchens have been updated with stainless steel appliances and granite countertops, adding a modern touch. Each unit also includes its own laundry room with a washer and dryer. The property benefits from excellent air conditioning, and one unit has recently been fitted with new hurricane windows. Outside, a sizable yard provides ample space, enhanced by two mature mango trees. New gutters were installed in February 2024. Parking is readily available with space for four vehicles. The property's prime location offers easy access to Publix, Costco, numerous restaurants, and Coral Springs Elementary School (less than a mile away). Comparable units in the area command rental rates between $2,300 and $3,100 per month, presenting significant income potential. This property is ideal for investors seeking a strong return, with the flexibility to rent both units or occupy one while generating rental income from the other. The asking price is $799,000. This is a rare opportunity to acquire a well-maintained, income-producing duplex in a desirable neighborhood with no HOA fees.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coral Springs
- County
- Broward
- State
- Florida
- Longitude
- -80.2796
- Latitude
- 26.2771
