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3660 NW 80th Ave - POSSIBLE SELLER FINANCING! 2 Unit Apartment Building Offered at $789,000 at a 6.34% Cap Rate Coral Springs, FL 33065
INVESTMENT HIGHLIGHTS
- Separate Electric and Water meters
- Large Yards
- 3 Bed 2 Bath
EXECUTIVE SUMMARY
Owner Financing Available! Fantastic Find In The Heart Of Coral Springs Features A Large Duplex, With Both Units Offering Three Bedrooms, Two Bathrooms, A Carport, Washer And Dryer, And A Spacious Private Yard. The Property Is Already Producing Strong Cash Flow, Generating Nearly $69,120 In Gross Income Per Year, With Plenty Of Room For Growth. Tenants Pay Their Own Electric And An Additional $80 Per Month Each For Water. Annual Expenses Include Lawn Care At $600, Insurance At $5,011, Taxes $12,059, Water $1,800, With Trash Included In The Taxes. Potential Net Income Is Around $49,650—A True Money Maker! (3rd Bedroom May Have Been A Formal Conversion.) All Information Provided, Including Boundary Lines, Is Deemed Reliable But Not Guaranteed And Should Be Verified By The Buyer.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $789,000 | Property Type | Multifamily |
| Price Per Unit | $394,500 | Building Size | 2,064 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 6.34% | No. Stories | 1 |
| No. Units | 2 | Year Built | 1972 |
| Zoning | RD-8 - TWO FAMILY DWELLING | ||
| Price | $789,000 |
| Price Per Unit | $394,500 |
| Sale Type | Investment |
| Cap Rate | 6.34% |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 2,064 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1972 |
| Zoning | RD-8 - TWO FAMILY DWELLING |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Yard
- Family Room
- Lawn
- Pantry
- Patio
- Large Bedrooms
SITE AMENITIES
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 2 | $2,800 | - |
1 1
Walk Score®
Very Walkable (73)
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3660 NW 80th Ave - POSSIBLE SELLER FINANCING!
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