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8702 NW 38th Dr, Coral Springs, FL – $2,100,000

  • $2,100,000 Price
  • 6,900 Sqft
  • 176 DOM
  • $2,100,000 Price
  • 6,900 Sqft
  • 176 DOM

8702 NW 38th Dr

This is a rare find, cash cow. Cap Rate 9.4. Property is being leased for 4 years to the same tenant and has remaining 4 year lease with option to renew. One tenant paying $15,834. per month. Property is in excellent condition. Pictures in the MLS are only 3 weeks old. Fully redone in 2015 and tenants keep it beautifully. Gross of $190,008. Tax, Insurance and Land Scape $17,981. With a Net of about $165,128.00.

Essential Information

  • MLS® #F10173991
  • Price$2,100,000
  • Bathrooms0.00
  • Square Footage6,900
  • Acres0.00
  • Year Built1986
  • TypeResidential Income
  • Sub-TypeFourplex
  • StyleDetached
  • StatusBackup Contract-Call LA

Community Information

  • Address8702 NW 38th Dr
  • Area3626
  • SubdivisionVILLAGE GREEN
  • CityCoral Springs
  • CountyBroward County
  • StateFL
  • Zip Code33065


  • Parking Spaces14
  • Is WaterfrontYes
  • WaterfrontPond Front


  • HeatingCentral Heat, Electric Heat
  • CoolingCeiling Fans, Central Cooling
  • # of Stories2
  • Stories2


  • Exterior FeaturesBalconies
  • Lot Description1/4 To Less Than 1/2 Acre Lot
  • WindowsBlinds/Shades
  • RoofBarrel Roof
  • ConstructionConcrete Block Construction

Additional Information

  • Days on Market176
  • ZoningRM-20
  • HOA Fees Freq.None

Listing Details

  • OfficeReal Estate Consultants of Bro
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Price Change History for 8702 NW 38th Dr, Coral Springs, FL (MLS® #F10173991)

Date Details Change
Price Increased from $1,800,000 to $2,100,000 $300,000 (16.67%)
Status Changed from Active-Available to Backup Contract-Call LA
Price Increased from $1,750,000 to $1,800,000 $50,000 (2.86%)

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