If you need assistance, please call 954-937-0937

8702 Nw 38th Dr, Coral Springs, FL 33065
0 Beds
0 Baths
6,900 sqft

Share

   
OR
Photos
Map
Street
Tour
This is a rare find, cash cow. Cap Rate 9.4. Property is being leased for 4 years to the same tenant and has remaining 4 year lease with option to renew. One tenant paying $15,834. per month. Property is in excellent condition. Pictures in the MLS are only 3 weeks old. Fully redone in 2015 and tenants keep it beautifully. Gross of $190,008. Tax, Insurance and Land Scape $17,981. With a Net of about $165,128.00.
  • Price:
  • $1,800,000
  • Square Footage:
  • 6,900
  • Year Built:
  • 1986
  • Listing ID #:
  • F10173991
  • Street Address:
  • 8702 Nw 38th Dr
  • City:
  • Coral Springs
  • State:
  • Florida
  • Postal Code:
  • 33065
  • County:
  • Broward
  • Community:
  • 3626
  • Subdivision:
  • Village Green
  • Listing Status:
  • Active
  • Exterior Features:
  • Balconies
  • Flooring:
  • Ceramic Floor
  • Number Of Units:
  • 1
  • Siding:
  • Concrete Block Construction
  • Style:
  • Fourplex
  • Total Building Square Footage:
  • 6900
  • Type Of Roof:
  • Barrel Roof
  • Year Built:
  • 1986
  • Year Built Description:
  • Resale
  • Expenses:
  • 20321
  • Net Operating Income:
  • 169777
  • Lot Description:
  • 1/4 To Less Than 1/2 Acre Lot
  • Section:
  • 15
  • Terms:
  • Cash, Conventional, Exchange
  • Property Taxes:
  • $11,973
  • Tax Year:
  • 2018
  • Parking Spaces:
  • 14
  • Sewage Type:
  • Municipal Sewer
  • Waterfront Description:
  • Pond Front
  • Waterfront Footage:
  • 40
$

$

%

$

$

$


The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • This Listing is Courtesy of Real Estate Consultants Of Bro
  • RAGFL

Similar Properties

Image Unavailable
PENDING
$1,950,000
120 S Ocean Blvd Ph-C, Delray Beach, FL 33483
3 Beds | 2.5 Baths
PALMBCH Listing Provided By Coldwell Banker/Delray Beach
Image Unavailable
BACKUP
$1,950,000
750 S Ocean Blvd 5-N, Boca Raton, FL 33432
3 Beds | 3.5 Baths
PALMBCH Listing Provided By Premier Estate Properties Inc
Image Unavailable
ACTIVE
$1,950,000
1 N Ocean Blvd Unit 402, Boca Raton, FL 33432
2 Beds | 2.5 Baths
PALMBCH Listing Provided By One Sotheby's International Realty