$1,790,000 • living size area 7187 sqft
5 unit building on over a quarter acre, located directly on royal palm blvd. all units are extremely large townhomes which include two units are 3 bedroom 2 1/2 baths. three units are 2 bedroom 2 1/2 baths. total square feet for entire building is around 7500sqft. all units have private screened patio, eat in kitchen, full dinning and living. all units have full size washers/dryers. current rents are way below market, some tenants have been there for over ten years. tremendous upside. projected annual gross income is $169.200. annual expenses are $34,038. expenses include taxes (trash included) $20,414 landscaping:$4,284 insurance: $4,600 water: $4,500 electric (house): $240. buildings like this are rarely available in coral springs so don't miss out on this one! this is a must see!11555 ROYAL PALM BLVD, CORAL SPRINGS, FL 33065
Business Opportunity - 5 Unit Building for Sale
11555 ROYAL PALM BLVD, CORAL SPRINGS, FL 33065Asking Price$1,790,000
- Living 7187sqft
- Year Built 1985
-
Days on market:
172 day(s) -
Price per sqft:
$249.06 Tax Legal Description:
CORAL SPRINGS COUNTRY CLUB WEST 70-41 B LOT 22 BLK LTax Year:
2022-
MLS:
F10407609 -
Property Type:
Business Opportunity -
Style:
Fourplex
Construction Type:
Cbs ConstructionCooling Description:
Central CoolingHeating Description:
Central HeatFloor Description:
Tile FloorsCarpeted FloorsSewer Description:
Other SewerLot Features:
1/2 To Less Than 3/4 Acre LotType of Association:
None