AvailableMultifamily Sale
10880 NW 45th St, Coral Springs, FL 33065
10880 NW 45th St, Coral Springs, FL 33065
Offering Price$699,999
Units2
Building2,346 SF
Land10,835 SF
Property Overview
Investment Opportunity
Large Duplex In The Heart Of Coral Springs! Both Units Feature 2 Bedrooms And 2 Bathrooms With Vaulted Ceilings, Tile Floors, Full-Size Washers And Dryers, Private Yards, And Patios. Nicely Located On A Quiet Dead-End Street. The Roof Is Approximately 15 Years Old, And The A/C Systems Are Approximately 3 Years Old
Property Information
Property Details
Property Basics
Property CategoryMultifamily Sale
Units2
Year Built1980
CountyBroward
ZoningRD-8 - TWO FAMILY DWELLING
APN4841-17-05-0440
Building SF2,346 SF
Land SF10,835 SF
Land Acres0.25
Building & Systems
Number of Buildings1
Number of Stories1
Electric Meters2
Water Meters1
LaundryWasher/Dryer Hookup
Roof TypeTile/Clay
HVACCentral A/C About 3 yrs old
Investment Metrics
Price Per Unit$350,000
Price Per Building SF$298.38 / SF
Price Per Land SF$64.61 / SF
Financial Overview
Investment Financials
Actual Financials
Gross Income$27,000
Operating Expenses$19,134
Net Operating Income$7,866
Cap Rate100%
Unit Mix
Unit A
OccupiedBed/Bath2/2
Actual Rent$2,250
Proforma Rent$2,400
Lease1/1/2027
Unit B
Owner OccupiedBed/Bath2/2
Actual RentN/A
Proforma Rent$2,400
LeaseN/A
Expense Breakdown
Taxes$10,694.29
Insurance$5,500.00
Water$1,740
Landscaping$1,200
Total Expenses$19,134
Expense Notes
Insurance is estimated. Trash is included in taxes.
Income and expense information is believed to be accurate but is not guaranteed. All figures should be independently verified by the buyer and/or buyer's representatives as part of their due diligence.
Property Photos