3502 Riverside Drive
Coral Springs, FL 33065
6
Bed
5
Bath
2,513Sqft
Fully leased and income-producing triplex in highly desirable Coral Springs. Excellent opportunity for an investor seeking immediate cash flow in a strong rental market. Property is fully occupied and generates approximately $72,000 in gross annual rent. Estimated total landlord expenses including taxes are approximately $20,000 annually, producing an estimated Net Operating Income of approximately $52,000. Based on an estimated market value of $900,000, this property offers an approximate 5.8% cap rate.Each unit enjoys on-site parking, private yard space, and the property backs up to a canal, offering added privacy and appeal for long-term tenant retention. Located in a sought-after residential community near shopping, major roadways, parks, and schools. Strong demand area with consistent
Property Details
Map
Map
Features
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Interior Features
Roof: SpanishTile -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, Electric Water front: 1
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Building Information
Year Built: 1973Construction Materials: BlockStories: 1Frontage Length: 74Pool Features: NonePrivate Pool: NoWater front Features: CanalFront,IntersectingCanal,Other
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Lot Information
Lot Description: LessThanQuarterAcreProperty Information
Subdivision: Coral Spgs Sub 1 59-30 B Source Property Type: ResidentialIncome MLS Area Minor: North Broward 441 To Everglades (3611-3642) Postal Code Plus 4: 4740 Zoning Description: RM-20 Property SubType: Triplex Levels: One Property Age: 53
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Listing Price Information
Listing Price: $899000Cash, Conventional
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Tax Information
Parcel Number: 484114015580 Tax Year: 2024 Annual Tax: $12903 Tax Legal Desc: CORAL SPRINGS SUB NO 1 59-30 B LOT 15 BLK Y
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Homeowners Association Information
Included Fees: Water
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Utility Information
CableAvailable -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 11676 NW 45th Street, Coral Springs, FL, 33065 | $2,250,000 | 8 | 8 | 8,154 | 8,154 SqFt |
| 3775 NW 116th Terrace #.., Coral Springs, FL, 33065 | $1,249,000 | 12 | 7 | 3,819 | 3,819 SqFt |
| 4000 NW Woodside Drive, Coral Springs, FL, 33065 | $799,000 | 4 | 4 | 2,286 | 2,286 SqFt |
| 4103 Riverside Dr, Coral Springs, FL, 33065 | $1,599,900 | 9 | 6 | 3,632 | 3,632 SqFt |
| 3310 NW 90th Avenue #33.., Coral Springs, FL, 33065 | $999,000 | 6 | 4 | 3,812 | 3,812 SqFt |
| 11500-11506 NW 43rd Court, Coral Springs, FL, 33065 | $1,695,000 | 12 | 8 | 3,831 | 3,831 SqFt |
| 11490 NW 45th Street, Coral Springs, FL, 33065 | $999,900 | 9 | 6 | 3,409 | 3,409 SqFt |
| 7521 NW 44th Court, Coral Springs, FL, 33065 | $1,399,000 | 4 | 2 | 3,195 | 3,195 SqFt |
| 7546 NW 44th Court, Coral Springs, FL, 33065 | $678,000 | 4 | 4 | 2,040 | 2,040 SqFt |
| 4017 Woodside Drive, Coral Springs, FL, 33065 | $750,000 | 4 | 4 | 2,059 | 2,059 SqFt |
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ByOwner last updated this listing 06/22/2026 @ 06:11
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