Overview

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  • 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.

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Price History

DateEventPriceChange RatePrice Per
02/02/2025Listed$8,995,000.00$212.02 ft2/$2,282.18 m2

Features

Property Details for 3331 Coral Hills Dr, Coral Springs, FL 33065

Multi Family current status is Active, 3331 Coral Hills Dr is a Multi Family in , Coral Springs, FL 33065 with property MLS ID# A11736676. This Multi Family has been listed on Best of Luxury Realty since February 02, 2025 and is currently priced at 8,995,000. This property was built in 1973.

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Area Specialist

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Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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