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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11200 35Th Pl Coral Springs, FL 33065

    • Small apartment buildings
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-8855604
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Small apartment buildings

    Property Details for 11200 35Th Pl

    Year built
    1974
    Property type
    Small apartment buildings

    Description

    This stunning, fully remodeled duplex in desirable Coral Springs, Florida, presents a fantastic investment opportunity. Located at 11200 NW 35th St, this property boasts a prime location on a quarter-acre corner lot with lake views. Built in 1974, this single-story building features two spacious units, each offering three bedrooms, two bathrooms, and a den. Both units have been completely updated and include hurricane impact windows, enhancing both comfort and security. The property is currently tenant-occupied, generating a substantial annual income with a projected gross ROI of 10% ($72,000 annually). There is no HOA, simplifying ownership and management. This exceptional duplex offers a blend of modern amenities, desirable location, and strong financial performance, making it an ideal addition to any investment portfolio. Serious inquiries only; offers must be submitted prior to scheduling a showing. The property is situated in Broward County, Florida, with a zip code of 33065.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Coral Springs
    County
    Broward
    State
    Florida
    Longitude
    -80.2758183
    Latitude
    26.2746836

    Comparable in this City

    • $799,000

      Coral Springs Duplex Investment

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    • $1,650,000
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      Coral Springs Multifamily Investment

      Five-unit apartment building, high ROI.
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    • $2,290,000
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      Coral Springs Seven-Unit Apartment Building

      Seven-unit apartment building in Coral Springs with water views.
      11430 NW 45Th St, Coral Springs, FL 33065
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    • $2,490,000
      8,154 SF

      Coral Springs Multifamily Investment Opportunity

      Well-maintained, fully occupied 8-unit multifamily building in prime location.
      11676-11690 NW 45Th St, Coral Springs, FL 33065
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    • $3,600,000

      Remodeled Multifamily Property in Coral Springs

      Fully occupied, remodeled 16-unit multifamily property in prime location.
      4240-4280 Woodside Dr, Coral Springs, FL 33065
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    • $2,290,000
      0.36 Acres

      Coral Springs Multifamily Investment Opportunity

      Seven-unit apartment building in Coral Springs with water views.
      11430 NW 45Th St, Coral Springs, FL 33065
      View Details

    Similar Nearby for Sale

    • $799,000

      Coral Springs Duplex Investment

      Spacious 2-unit duplex, great income potential.
      3751 115Th Ave, Coral Springs, FL 33065
      View Details
    • $1,650,000
      4,041 SF

      Coral Springs Multifamily Investment

      Five-unit apartment building, high ROI.
      8704 38 Dr, Coral Springs, FL 33065
      View Details
    • $2,290,000
      9,000 SF

      Coral Springs Seven-Unit Apartment Building

      Seven-unit apartment building in Coral Springs with water views.
      11430 NW 45Th St, Coral Springs, FL 33065
      View Details
    • $2,490,000
      8,154 SF

      Coral Springs Multifamily Investment Opportunity

      Well-maintained, fully occupied 8-unit multifamily building in prime location.
      11676-11690 NW 45Th St, Coral Springs, FL 33065
      View Details
    • $3,600,000

      Remodeled Multifamily Property in Coral Springs

      Fully occupied, remodeled 16-unit multifamily property in prime location.
      4240-4280 Woodside Dr, Coral Springs, FL 33065
      View Details
    • $2,290,000
      0.36 Acres

      Coral Springs Multifamily Investment Opportunity

      Seven-unit apartment building in Coral Springs with water views.
      11430 NW 45Th St, Coral Springs, FL 33065
      View Details

    Similar Nearby for Lease

    • $2,000 /Mo

      Modern Apartment with Upgraded Kitchen

      Spacious apartment featuring upgraded kitchen, bathrooms, and in-unit laundry.
      11660 NW 45Th St, Coral Springs, FL 33065
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    • $2,745 /Mo

      Coral Springs Corner Unit Apartment

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      10601 NW 45Th St, Coral Springs, FL 33065
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    • $2,400 /Mo

      Coral Springs Apartment with 3 Bedrooms

      Charming 3-bedroom, 2-bath apartment in Coral Springs.
      11501 NW 44Th St, Pompano Beach, FL 33065
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    • $2,000 /Mo

      Renovated Apartment in Coral Springs

      Completely renovated 2-bedroom apartment in a well-maintained building.
      4280 Woodside Dr, Coral Springs, FL 33065
      View Details
    • $1,700 /Mo

      Renovated Apartment in Coral Springs

      Completely renovated 1/1 apartment in a well-maintained building.
      4240 Woodside Dr, Coral Springs, FL 33065
      View Details
    • $2,295 /Mo

      Spacious Apartment with Water Views

      Two-bedroom, two-bath apartment with water views and on-site laundry.
      11440 NW 45Th St, Coral Springs, FL 33065
      View Details
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    11200 35Th Pl
    Coral Springs, FL 33065
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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