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3501 NW 114th Ln

Coral Springs, FL 33065

– beds
– baths
4,464 sqft
$336 per sqft
1988 build
– on site

Rare opportunity to own a 4-unit property in the Heart of Coral Springs. Each spacious unit features 3 bedrooms and 2 bathrooms, IN-UNIT laundry, and ample parking. There is no HOA, and The property is Housing voucher approved, offering reliable income and low vacancy risk. The current Housing voucher rent is $2,700/month per unit, generating a projected gross income of $129,600/year. With estimated annual expenses of $37,000, the property delivers a solid 6.17% cap rate. Market rents in the area range from $3,000–$3,100/month, allowing for additional upside and a potential cap rate of 7.5%+ with rent adjustments. Prime location: 1 mile to Costco, 5–10 minutes to Coral Square Mall, 15 minutes to Sawgrass Mills, and just 20–25 minutes to FLL AIRPORT. 2 MINUTE DRIVE TO SAWGRASS EXPRESSWAY.

Listing courtesy of GFLR / Lifestyle International Realty

Last checked: Checking… • Last updated Apr 7, 2025 •

MLS# F10496121 —

The Building

Year Built:

1988
Year Built Description:

Resale
Unit Count:

4
Construction Type:

Cbs Construction
Style:

Fourplex
Roof Description:

Curved/S-Tile Roof
# of Stories:

2

Interior

Floor Description:

Tile Floors

Room Dimensions

SqFt Living Room Area:

4,464 Sqft

Financial & Terms

Rent Includes:

Trash Removal, Water
Terms Considered:

Cash, Conventional

The Property

Type of Property:

Fourplex
Property Type:

Residential Income
Property Type Information:

Attached
Parcel Number:

484117061400
Lot Description:

1/4 To Less Than 1/2 Acre Lot
Zoning:

RM-15
Geographic Area:

North Broward 441 To Everglades (3611-3642)
Waterfront Property:

No

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Amount:

$25,094
Tax Information:

Tax Reflects No Homestead Tax

The Listing

Virtual Tour
Information Available:

Copy Of Lease(S)
Auction:

No

Heating & Cooling

Cooling Description:

Ceiling Fans, Central Cooling
Heating Description:

Central Heat

Utilities

Sewer Description:

Municipal Sewer
Internet:

Yes
Cable Available:

Yes
Separate Meter:

Yes

The Community

Subdivision Name:

Castlewood 71-37 B
Subdivision Complex Bldg:

Castlewood 71-37 B
Gated Community:

No
Pool:

No

Parking

# Parking Spaces:

8

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/4/25 Apr 4, 2025	Listed / Active	GFLR	$1,499,999	108.3% (16.9% / YR)
9/17/24 Sep 17, 2024	Listed / Active	GFLR
10/31/18 Oct 31, 2018		GFLR	$720,000	-2.6%

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This multifamily located in Castlewood, Coral Springs, FL 33065 is currently for sale for $1,499,999. 3501 NW 114th Ln is a 4,464 square foot multifamily with – beds and – baths that has been on Estately for 7 days. 3501 NW 114th Ln is in the Castlewood neighborhood of Coral Springs and has a WalkScore® of 63, making it somewhat walkable. This multifamily is in the attendance area of Coral Springs Elementary, Coral Springs Middle School, and Coral Glades High School.

Listing Courtesy of: GFLR and Lifestyle International Realty.

Based on information from the GFLR 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. GFLR, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GFLR and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.