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3700 NW 116th TerCoral Springs, FL 33065

For Sale

$1,239,000

Smart Buyer Rebate $12,390

Rare opportunity to own a 4 unit property in the heart of coral springs each unit features 3 bedrooms 2 bathrooms in unit laundry and ample parking no hoa the property is approved for housing vouchers providing stable rental income of 9750 for all units gross income is 117000 year with estimated expenses of 31 000 market rents are around 2 800 month pushing the potential cap rate to 6 5 conveniently located near costco coral square mall sawgrass mills and just 2 minutes from the sawgrass expressway 4 ac units are less than 4 year old 40 year inspection passed

Listed by Shibu Scaria

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License #3210791

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Pala Homes Inc

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(954) 696-7872

Last updated October 23, 2025

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Source: BeachesMLS #FX-10533100

Listing Facts

  • TypeMulti-family
  • NeighborhoodCastlewood
  • Days on Prevu49
  • Taxes$21,500/year
  • Size4,105 sqft
  • Price per sqft$302

Amenities

  • Pets Allowed
  • Parking

Location

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Listing History

10/22/2025
Listed by Pala Homes Inc
$1,239,000

Property Details for 3700 NW 116th Ter

Association

Amenities

  • Community Features: Non Gated

Exterior

Construction

  • Number Of Units Total: 4
  • Property Condition: Resale
  • Roof: Barrel
  • Stories: 1
  • Year Built: 1987
  • Year Built Details: Resale
  • Architectural Style: Fourplex
  • Construction Materials: Block

Measurements

  • Lot Features: Less Than Quarter Acre
  • Lot Size Dimensions: 10,000

Financial

Taxes

  • Parcel Number: 484117060470
  • Tax Annual Amount: $21,500.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Ceramic Tile

Measurements

  • Living Area: 4,105

Other

Location

  • Subdivision Name: Castlewood

Parking

Parking

  • Parking Total: 10

Utilities

Equipment

  • Cooling: Central Air, Electric
  • Has Cooling: Yes
  • Heating: Central, Electric
  • Has Heating: Yes
  • Sewer: PublicSewer
  • Utilities: Cable Not Available

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 3700 NW 116th Ter.

Does this multi-family home have parking?

Yes, there are 10 parking spaces available for 3700 NW 116th Ter.

What are the annual taxes for 3700 NW 116th Ter?

Annual taxes for this multi-family home are estimated at $21,500.

How does 3700 NW 116th Ter compare to other multi-family homes in Castlewood?

This multi-family home is listed 5% below the average price for multi-family homes in Castlewood and has been on the market for 92 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,105 sqft.

3700 NW 116th Ter is a -bedroom multi-family home for sale in Coral Springs FL 33065. Available on Prevu for 49 days at $1,239,000. This residence features 4,105 square feet of living space, located in Castlewood. The median listing price for multi-family homes in this area is $622,950. Additional amenities include pets allowed and parking. Explore more multi-family home listings in Coral Springs.

Based on information from Beaches MLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.