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Angela Ackermann

angela.ackermann@engelvoelkers.com +1(772) 418-4420

$ 2,499,000

Est. payment -/mo

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10675 Royal Palm BLVD #1-7 Coral Springs, FL

8,407 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,407 sqft

Price per Sqft $297

MLS Listing ID B26050938

Construction Status Resale

HOA Y/N No

Year Built 1987

Annual Tax Amount $44,629

Tax Year 2025

Lot Size 0.470 Acres

Acres 0.47

Property Sub-Type Multi Family

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.

Location

State FL

County Broward

Area 3626

Zoning RM-20

Interior

Interior Features InteriorFeatures

Heating Central, Individual

Cooling Central Air

Fireplace No

Exterior

Parking Features Assigned, Guest

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available

Water Access Desc Public

Roof Type Barrel

Accessibility None

Total Parking Spaces 15

Building

Lot Description Corner Lot, 1/4 to 1/2 Acre Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Block

New Construction No

Construction Status Resale

Others

Tax ID 484120014270

Security Features Other

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/10675-Royal-Palm-Boulevard-Unit-17-Coral-Springs-FL/unbranded

Listed by Carlos A Montoya Fidelity Real Estate Group LLC

Angela Ackermann

Broker Associate | License ID: BK3019936

+1(772) 418-4420

Angela Ackermann

10675 Royal Palm BLVD #1-7 Coral Springs, FL

Key Details

Location

Interior

Exterior

Building

Others

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10675 Royal Palm BLVD #1-7