Overview
Closing Costs Calculator- Status: Active
- Parking No info
- Size: No info
- Price Per: No info/No info
- Type: Multi Family
- Built: 1973
- HOA: No info
- MLS Number: A11736676
- View No info
- On Site: 17 days
- Updated: 17 Days Ago
- Page Views: 2
ATTENTION DEVELOPERS and INVESTORS! Here is your chance to purchase 53 units that are 100% rented, and possibly develop 3 ACRES in the middle of Coral Springs’ Downtown District in the future. 55% of tenants have lived here for over 5 years. Located near intersection of University Dr. and Sample Rd. The area is seeing a great redeveloping with Cornerstone Plaza, a mixed-use property including a full service hotel, luxury apartments, restaurants, and retail space. And coming soon across from Cornerstone Plaza will be City Village. The property consists of 3 one acre parcels with 5 one story buildings and parking. Zoned DT-MU (Downtown Mixed-Use). The CAP rate is 5.1% with the current rates. Market rental rates will bring up the CAP rate to 6.9%. Current financials available upon request.
Contact AdvisorPrice History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
02/02/2025 | Listed | $8,995,000.00 | $212.02 ft2/$2,282.18 m2 |
Features
Property Details for 3331 Coral Hills Dr, Coral Springs, FL 33065
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: No info
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Cooling Description: No info
- Building and Construction
- Floor Description: No info
- Windows/Treatment: No info
- Construction Type: Apartment, Multi Family
- Year Built: 1973
- Waterfront and Water Access
- Waterfront Property: Yes
- Waterfront Frontage: No info
- Waterfront Description: Canal Front
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: No info
- Subdivision Name: No info
- Property Type: Multi Family
- Property Subtype: Commercial Sale
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 02/02/2025
- Area: 3626
- Brokered By: iMarket Realty
- Legal Description: FLA FRUIT LANDS CO SUB NO 2 1-102 PB 21-48-41 TR 1 S 180 OF N 418,LESS W 30 & LESS E 1035
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $154,053.00
- Type of building: Coral Hills
- Occupancy Information: Tenant
- Occupancy Percentage: No info
- Property Type Description: No info
- Parking Description: Free Parking, Guest
- Parking Spaces: No info
- Number of Units: No info
- Number of Floors: No info
- Number of Stories: No info
- Zoning Information: D T- M U
- Total Acreage: No info
- Acreage Description: No info