Bought with Local Real Estate Co
$1,775,000
$1,650,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
3050 Coral Springs DR Coral Springs, FL 33065
16 Baths
8,910 SqFt
Key Details
Sold Price $1,775,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 8,910 sqft
Price per Sqft $199
Subdivision Coral Springs Country Club Sub
MLS Listing ID RX-10747471
Sold Date 04/11/22
Abv Grd Liv Area 41
Year Built 1974
Annual Tax Amount $25,724
Tax Year 2020
Lot Size 0.430 Acres
Property Description
The property consists of 8 units. 6- 2 bedroom 2 baths and 2 - 3 bedrooms 2 baths. Property is fully leased with most tenants paying below-market rent on month-to-month leases, leaving a large upside for the new buyer. All units are Occupied, however, some of the units are in need of updating in the kitchens, bathrooms, and flooring. Property is located directly on coral springs drive with great visibility and access. Property is being sold on behalf of a Court-Appointed Receiver. Sale is subject to Court approval, and a standard contract will be provided to the interested buyer. Cash offers are highly preferred. please inquire for further details on the process to place a bid. Do not visit the property without prior authorization from the Listing agen
Location
State FL
County Broward
Area 3626
Zoning MULTI
Interior
Heating Other
Cooling Other
Flooring Other
Fireplaces Type Smoke Alarm, Smoke Detector
Exterior
Community Features None
Utilities Available Electric, Public Water
Waterfront No
Roof Type Barrel
Present Use None
Building
Story 100.00
Foundation CBS
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP