3331 Coral Hills Dr Coral Springs, FL 33065
Overview
- Status: Active
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- Parking No info
- Size: 42,425 ft2/3,941.41 m2
- Price Per: $212.02 ft2/$2,282.18 m2
- Type: Commercial/Investment
- Built: 1973
- HOA: No info
- MLS Number: A11736676
- View No info
- On Site: 19 days
- Updated: Listing Refreshed: 19 Days Ago
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.
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 02/02/2025 | Listed | $8,995,000.00 | $212.02 ft2/$2,282.18 m2 |
Contact Information
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