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4Plex $105,000+ Gross Annual Income 4280 NW 114th Ter 4 Unit Apartment Building $1,640,460 CAD ($410,115 CAD/Unit) 6.26% Cap Rate Coral Springs, FL 33065
Investment Highlights
- 4 Spacious 2 Bedrrom 2 Bath
- Washer & Dryer For Each Unit
- Balonies & Shared Yard
- Projected Gross Income $105k +
Executive Summary
Fantastic Find In The Heart Of Coral Springs. 4 Plex On Nearly A Quarter Acre Lot. All Units Are Spacious 2 Bedroom 2 Bath With Tile Flooring, Central A/C, Full Size Washers, Dryers & Private Patio. The Property Currently Generates Around $96,000 In Annual Income With Market Upside Potential Of $105,000 Plus. Annual Expenses Include Taxes (Trash Included)$20,750, $3,000 For Water, $1,200 For Lawn Care, Insurance $5,000. Call Today To Schedule A Viewing Of This Property Or To Receive A List Of Our Other Incredible Multi-Family Opportunities. Lines Shown On Aerials Are For Illustration Purposes Only & May Not Reflect Actual Boundaries. Visit www.InvestPropFL.com For A List Of Our Other Investment Properties.
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$144,032
|
$22.91
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$144,032
|
$22.91
|
| Taxes |
$28,366
|
$4.51
|
| Operating Expenses |
$12,987
|
$2.07
|
| Total Expenses |
$41,353
|
$6.58
|
| Net Operating Income |
$102,679
|
$16.33
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $144,032 |
| Annual Per SF | $22.91 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $144,032 |
| Annual Per SF | $22.91 |
| Taxes (CAD) | |
|---|---|
| Annual | $28,366 |
| Annual Per SF | $4.51 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $12,987 |
| Annual Per SF | $2.07 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $41,353 |
| Annual Per SF | $6.58 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $102,679 |
| Annual Per SF | $16.33 |
Property Facts
| Price | $1,640,460 CAD | Building Class | C |
| Price Per Unit | $410,115 CAD | Lot Size | 0.27 AC |
| Sale Type | Investment | Building Size | 6,288 SF |
| Cap Rate | 6.26% | Average Occupancy | 1% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1986 |
| Property Subtype | Apartment | Parking Ratio | 2/1,000 SF |
| Apartment Style | Mid-Rise | ||
| Zoning | RM-15 - LOW MEDIUM DENSITY MULTIPLE-FAMILY | ||
| Price | $1,640,460 CAD |
| Price Per Unit | $410,115 CAD |
| Sale Type | Investment |
| Cap Rate | 6.26% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 6,288 SF |
| Average Occupancy | 1% |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 2/1,000 SF |
| Zoning | RM-15 - LOW MEDIUM DENSITY MULTIPLE-FAMILY |
Amenities
- Smoke Detector
Unit Amenities
- Balcony
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Range
- Views
- Yard
- Family Room
- Handrails
- Lawn
- Patio
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | - | - |
1 1
Property Taxes
| Parcel Number | 48-41-17-02-0990 | Total Assessment | $1,340,897 CAD (2026) |
| Land Assessment | $111,675 CAD (2026) | Annual Taxes | $28,366 CAD ($4.51 CAD/SF) |
| Improvements Assessment | $1,229,222 CAD (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
48-41-17-02-0990
Land Assessment
$111,675 CAD (2026)
Improvements Assessment
$1,229,222 CAD (2026)
Total Assessment
$1,340,897 CAD (2026)
Annual Taxes
$28,366 CAD ($4.51 CAD/SF)
Tax Year
2025
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4Plex $105,000+ Gross Annual Income | 4280 NW 114th Ter
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