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4280 Woodside Dr 16 Unit Apartment Building $4,980,204 CAD ($311,263 CAD/Unit) 6.40% Cap Rate Coral Springs, FL 33065

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EXECUTIVE SUMMARY

Outstanding investment opportunity in the highly desirable city of Coral Springs! This fully occupied 16-unit multifamily building offers a strong and consistent rental income stream with zero vacancy. The property consists of eight 1-bedroom/1-bath units and eight 2-bedroom/1-bath units, all of which have been completely remodeled with modern kitchens, updated bathrooms, new flooring, and fresh finishes throughout. Tenants enjoy well-maintained common areas, ample parking, and proximity to major highways, retail centers, schools, and public transportation.
The property has been professionally managed and meticulously maintained, making it a true turnkey asset with minimal deferred maintenance. The combination of stable long-term tenants, strong rental demand in the area, and recent renovations provides investors with both immediate income and long-term appreciation potential. This is an ideal acquisition for investors looking to expand their South Florida multifamily portfolio with a high-performing, low-maintenance property in a prime Coral Springs location.

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $498,850 $35.87
Other Income - -
Vacancy Loss - -
Effective Gross Income $498,850 $35.87
Taxes $90,612 $6.51
Operating Expenses $89,490 $6.43
Total Expenses $180,102 $12.95
Net Operating Income $318,748 $22.92

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income (CAD)
Annual $498,850
Annual Per SF $35.87
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $498,850
Annual Per SF $35.87
Taxes (CAD)
Annual $90,612
Annual Per SF $6.51
Operating Expenses (CAD)
Annual $89,490
Annual Per SF $6.43
Total Expenses (CAD)
Annual $180,102
Annual Per SF $12.95
Net Operating Income (CAD)
Annual $318,748
Annual Per SF $22.92

PROPERTY FACTS

Price $4,980,204 CAD
Price Per Unit $311,263 CAD
Sale Type Investment
Cap Rate 6.40%
No. Units 16
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.59 AC
Building Size 13,909 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1973/2025
Parking Ratio 1.44/1,000 SF
Zoning RM-20 - Residential Multi-Family

AMENITIES

UNIT AMENITIES

  • Air Conditioning

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 $2,421 CAD -
2+1.5 8 $2,767 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
48-41-14-01-0850
Land Assessment
$247,945 CAD
Improvements Assessment
$3,762,834 CAD
Total Assessment
$4,411,852 CAD
Annual Taxes
$90,612 CAD ($6.51 CAD/SF)
Tax Year
2025
  • Listing ID: 38344166

  • Date on Market: 2025-11-05

  • Last Updated:

  • Address: 4280 Woodside Dr, Coral Springs, FL 33065

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