8550 40th St ,Detached, Quadruplex, Coral Springs Village Gre for Sale

8550 40th St for Sale

Price $1,400,000.00

• Lot size 4547
• Year Build 1998
• Waterfront Lake
• Zip 33065
• Style Detached
• Parking Description
• Pool Yes
• Status Active With Contract

Description

Beautiful lakefront multifamily property located in the heart of Coral Springs. All units are three bedrooms with two full bathrooms. This is a great investment property. Across the lake is a brand new million-dollar k hovnanian homes single family community. Property is currently tenant occupied on a month-to-month basis. Rents are below market so there is a huge potential for a great upside to increase monthly rents to current rental rates. New roof was installed on the property in 2020. One unit is leased until 9/2023. Property is being well-maintained. This is the perfect long term investment property for a seasoned investor or new investor, or a homeowner. PLEASE DO NOT DISTURB TENANTS. Contact listing agent directly for more information.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=

CORAL SPRINGS VILLAGE GREEN ADD NO 1 65-21 B LOT 11 BLK Y

Less Than 1/4 Acre Lot

Beautiful lakefront multifamily property located in the heart of Coral Springs. All units are three bedrooms with two full bathrooms. This is a great investment property. Across the lake is a brand new million-dollar k hovnanian homes single family community. Property is currently tenant occupied on a month-to-month basis. Rents are below market so there is a huge potential for a great upside to increase monthly rents to current rental rates. New roof was installed on the property in 2020. One unit is leased until 9/2023. Property is being well-maintained. This is the perfect long term investment property for a seasoned investor or new investor, or a homeowner. PLEASE DO NOT DISTURB TENANTS. Contact listing agent directly for more information.

City:Coral Springs,Zoning:RM-20,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2022,Latitude:26.279236,Cooling Y N:1,Heating Y N:1,List Price:1400000,Listing Id:A11363315,Longitude:-80.2404305,Mls Status:Active With Contract,Year Built:1998,Inclusions:Other,Living Area:4547,Postal Code:33065,Street Name:40th St,Coordinates:1:26.279236,Photos Count:56,Building Name:CORAL SPRINGS VILLAGE GRE,Days On Market:34,Listing Terms:1:Conventional,2:FHA,Lot Size Units:Square Feet,M L S Area Major:Coral Springs Village Gre,On Market Date:2023-03-28,Parcel Number:484115050270,Parking Total:8,Property Type:Residential Income,Stories Total:2,Street Number:8550,Waterfront Y N:1,M I A M I R E_ Style:Fourplex,Public Remarks:Beautiful lakefront multifamily property located in the heart of Coral Springs. All units are three bedrooms with two full bathrooms. This is a great investment property. Across the lake is a brand new million-dollar k hovnanian homes single family community. Property is currently tenant occupied on a month-to-month basis. Rents are below market so there is a huge potential for a great upside to increase monthly rents to current rental rates. New roof was installed on the property in 2020. One unit is leased until 9/2023. Property is being well-maintained. This is the perfect long term investment property for a seasoned investor or new investor, or a homeowner. PLEASE DO NOT DISTURB TENANTS. Contact listing agent directly for more information.,Structure Type:1:Fourplex,County Or Parish:Broward County,Expiration Date:2024-03-14,Frontage Length:50,List Office Name:Robin Bird Realty Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2912,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:CORAL SPRINGS VILLAGE GRE,Tax Annual Amount:17719,Unparsed Address:8550 NW 40th St, Coral Springs FL 33065,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:4547,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:307.8953,Original List Price:1400000,Public Survey Range:48,I D X Participation Y N:1,Syndication Remarks:Beautiful lakefront multifamily property located in the heart of Coral Springs. All units are three bedrooms with two full bathrooms. This is a great investment property. Across the lake is a brand new million-dollar k hovnanian homes single family community. Property is currently tenant occupied on a month-to-month basis. Rents are below market so there is a huge potential for a great upside to increase monthly rents to current rental rates. New roof was installed on the property in 2020. One unit is leased until 9/2023. Property is being well-maintained. This is the perfect long term investment property for a seasoned investor or new investor, or a homeowner. PLEASE DO NOT DISTURB TENANTS. Contact listing agent directly for more information.,Listing Contract Date:2023-03-28,Originating System I D:miamire,Public Survey Section:15,Showing Instructions:Call Listing Agent,Street Number Numeric:8550,Tax Legal Description:CORAL SPRINGS VILLAGE GREEN ADD NO 1 65-21 B LOT 11 BLK Y,Public Survey Township:48,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:0.001%,M I A M I R E_ Adjusted Area S F:4547,Contract Status Change Date:2023-03-28,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,Transaction Broker Compensation:3.0%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:307.9,Internet Automated Valuation Display Y N:1,