Property profile

7516 44Th Ct Coral Springs, FL 33065

OFF-MARKET
Apartment buildings
Property ID
US18-0224595
2,296 SF Built 1970
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Property summary

AI-generated overview

This Coral Springs duplex, located at 7516 NW 44th Ct, offers a compelling investment opportunity in a sought-after neighborhood. The property, built in 1970, features two units, each boasting two bedrooms and one bathroom, and two dedicated parking spaces. The total square footage is 2,296 square feet, spread across a single-story building. Both units have fully fenced yards, providing privacy and outdoor space. The property benefits from a desirable location on a quiet cul-de-sac, ensuring peace and quiet for residents. Significant recent improvements include a new roof and a new electrical panel, reducing immediate maintenance concerns. While the interiors require updating, this is reflected in the asking price of $590,000. This presents a strong value proposition, especially considering a comparable recently sold for $669,000. The property features separate Florida Power & Light (FPL) meters for each unit, and a shared water meter. Currently, one unit is vacant, and the other is occupied, offering immediate rental income potential. The absence of a homeowner's association (HOA) further enhances the appeal of this property for investors seeking a low-maintenance investment with strong rental demand in a prime Coral Springs location. This duplex presents a rare opportunity to acquire a well-located property at a competitive price, ideal for investors seeking steady rental income or a fix-and-flip project.

Property profile

Verified
Property type Apartment buildings
Year built 1970
Total area 2,296 SF
UPID US18-0224595

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7516 44Th Ct Coral Springs, FL 33065
Coral Springs metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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