10675 Royal Palm Boulevard Unit #1-7, Coral Springs, FL 33065

$2,499,000

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List Price
$2,499,000
MLS#
B26050938
Status
ACTIVE
Type
Commercial

Property Description

Fantastic Find In The Heart Of Coral Springs! This 7-Unit Property Sits On Nearly Half An Acre And Offers A Prime Corner-Lot Location. The Property Consists Of One Spacious 3 Bedroom, 2.5 Bath Townhome, Four 3 Bedroom, 2-Bath Units, And Two - 2 Bedroom, 2-Bath Units. Current Rents Are Well Below Market, Creating Tremendous Upside Potential. Every Unit Includes Washer And Dryer, A Private Patio Or Balcony, And Separate Electric Meter, Helping Maximize Rental Income. Projected Annual Gross Income Is $240,000, With Total Estimated Annual Expenses Of $68,389. Estimated Expenses Include Landscaping Of $4,800, Insurance Of $12,000, Water Of $5,400, And Electric Of $1,560. All Information Is Believed To Be Accurate But Is Not Guaranteed.

Additional Information

Days on Market
20
Tax Amount
$44,629
Water Access
Building Only, Business And Building
Parcel Number
484120014270
Lot Size
20,531
Address
10675 Royal Palm Boulevard Unit #1-7, Coral Springs
Year Built
1987

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Calculator source: Real Geeks

Listing Courtesy of Fidelity Real Estate Group LLC, Contact: