Investor's Dream – Priced to Sell!
This exceptional investment opportunity in the heart of Coral Springs. One-story fourplex sits on an expansive lot and features four spacious units, each offering 3 beds and 1.5 baths—a rare find in today’s market. All units have been substantially renovated, with in-unit washers and dryers in three out of four. The roof and structure are in excellent condition, providing peace of mind for years to come. With 10 dedicated parking spaces and a prime location next to a scenic park featuring a basketball court, playground, and lush green space. All units are currently fully rented, with strong rental upside potential. Whether you're a seasoned investor or entering the multifamily market, this property is a smart addition to any portfolio.
Listed by Katherine Basante
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License #3261072
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Coldwell Banker Realty
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305-878-6644
Last updated September 01, 2025
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Source: MIAMIRE #A11832203
Listing Facts
TypeMulti-family
NeighborhoodCastlewood
Days on Prevu70
Taxes$23,358/year
Size3,819 sqft
Price per sqft$338
Amenities
Pets Allowed
Air Conditioning
Parking
Location
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Listing History
09/01/2025
Status changed to Active
$1,290,000
07/19/2025
Status changed to Withdrawn
$1,290,000
07/01/2025
Listed by Coldwell Banker Realty
$1,290,000
Property Details for 3775 NW 116th Ter
Association
General
Number Of Units In Community: 4
Exterior
Construction
Number Of Units Total: 4
Property Condition: Substantially Remodeled
Roof: Barrel Roof
Stories: 1
Stories Total: 1
Structure Type: Quadruplex, Fourplex
Year Built: 1976
Year Built Details: Effective Year Built
Building Name: Castlewood
Construction Materials: Concrete Block Construction
Measurements
Building Area Total: 3,819
Building Area Units: Square Feet
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Financial
Residential Income
Operating Expense: $42,200.00
Taxes
Parcel Number: 484117060640
Tax Annual Amount: $23,358.00
Tax Year: 2024
Interior
Features
Flooring: Ceramic Floor
Measurements
Living Area: 3,819
Living Area Units: Square Feet
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: Public Sewer
Based on information from Miami Association of REALTORS 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.
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.