11551 Royal Palm Blvd #1-5 Coral Springs, FL 33065

SOLD FOR
$1,650,000
$1,790,000

Overview

  • Status: Closed Sale
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 17,755 ft2/1,649.49 m2
  • Price Per: $100.82 ft2/$1,085.18 m2
  • Type: Commercial/Investment
  • Built: 1985
  • HOA: No info
  • MLS Number: F10406389
  • View No info
  • On Site: 403 days
  • Updated: Listing Refreshed: 232 Days Ago

5 Unit Building On Over A Quarter Acre, Located Directly On Royal Palm Blvd. All Units Are Extremely Large Townhomes Which Include Two Units Are 3 Bedroom 2 1/2 Baths. Three Units Are 2 Bedroom 2 1/2 Baths. Total Square Feet For Entire Building Is Around 7500SQft. All Units Have Private Screened Patio, Eat In Kitchen, Full Dinning And Living. All Units Have Full Size Washers/Dryers. Current Rents Are Way Below Market, Some Tenants Have Been There For Over Ten Years. Tremendous Upside. Projected Annual Gross Income is $145,548. Annual Expenses Are $34,038. Expenses Include Taxes (Trash Included) $20,414 Landscaping:$4,284 Insurance: $4,600 Water: $4,500 Electric (House): $240. Buildings Like This Are Rarely Available In Coral Springs So Don't Miss Out On This One! This Is A Must See!

Price History

DateEventPriceChange RatePrice Per
04/05/2024Sold$1,650,000.007.8%$92.93 ft2/$1,000.31 m2
10/27/2023Listed$1,790,000.00$100.82 ft2/$1,085.18 m2

Contact Information

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