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3502 Riverside Drive Coral Springs, FL $ 899,000
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3502 Riverside Drive
$ 899,000
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3502 Riverside Drive

Coral Springs, FL, 33065
$ 899,000
Baths0.0 Sq 2,513

Monthly Estimate*

$ 5,535

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Studio

Multi-Family Home for sale in Coral Springs, FL

for $899,000. This 2,513 square foot home was built in 1973.

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 rental history. This is a turn-key multifamily asset offering dependable performance and long-term appreciation potential. Investors only; do not disturb tenants. Showings by appointment only.

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Multi-Family Active

Price

$ 899,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 12,903

Style

Year Built

1973

Town/City

Coral Springs

County/Region

Broward

MLS | Web ID

F10542493
Features
General
Sewer Public Sewer
Heating Central Electric Separate Meters
Cooling Central Air Electric
Utilities Cable Available
Possession Close Of Escrow Negotiable
Roof Spanish Tile
HOA Fee 0
Association Fee Includes Water
Patio/Porch Features Porch Balcony
Construction Materials Block
Year Built 1973
Property Subtype Triplex
Tax Year 2024
Waterfront Features Canal Front Other
County Broward
New Construction false
Property Type Residential Income
Subdivision Name Coral Spgs Sub 1 59-30 B
Status Active
City Coral Springs
Number Of Units Total 3
MLS Area 3622
Tax Annual Amount 12903
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/3502-Riverside-Dr-Coral-Springs-FL-33065/unbranded
Standard Status Active
Property Sub Type Additional Triplex
Legal Description CORAL SPRINGS SUB NO 1 59-30 B LOT 15 BLK Y
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Interior
Flooring Tile
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Exterior Amenities Balcony
Lot Features < 1/4 Acre
Water Source Public
Frontage Length 74.00
Frontage Type Waterfront
Waterfront Y/N true
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* Excluded Features
List By
Patrick Barnicle

Listing Agent

Affordability Calculator

$6,611
Per Month
84%
16%
0%
Monthly Principal & Interest
$5,535
Monthly Property Taxes
$1,075
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
2/20/2026 $899,000 Listed Price

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3502 Riverside Drive, Coral Springs, FL, 33065 is a Multi-Family Home for sale at $899,000 with 2,513 sqft. 3502 Riverside Drive is a studio with 0.0 baths and was built in 1973. The property's zip code is 33065 which is in Coral Springs, FL

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