Property summary
This exceptional five-unit apartment building, located at 8704 NW 38th Dr in Coral Springs, Florida, presents a compelling investment opportunity. Boasting a desirable location in a quiet neighborhood, this single-story property, built in 1978, offers 4,041 square feet of living space and features five two-bedroom, one-bathroom units. The property enjoys 100% occupancy as of March 1st, 2024, generating a strong net operating income (NOI) of $76,794 and a 4.65% capitalization rate. Ample… parking is available with eight designated spaces, supplemented by street parking. Recent renovations include high-impact windows and stainless steel appliances in each unit. Utilities are conveniently managed, with sewer, trash removal, and water included in the rent. Heating and cooling are provided via central electric systems. The property sits on a lot with APN 0640 and is zoned RM-20. This well-maintained building offers a solid return on investment and is an ideal addition to any portfolio. The asking price is $1,650,000. This is a turnkey operation ready for immediate income generation. Don't miss this chance to acquire a profitable multifamily property in a prime Coral Springs location.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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