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$1,380,000

  • Sold
  • Closed
  • Multi-Family
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Rare opportunity to own a 4-unit property in the heart of Coral Springs. Each unit features 3 bedrooms, 2 bathrooms, in-unit laundry, and ample parking. No HOA. The property is approved for housing vouchers, providing stable rental income of $10,796 for all units. Gross income is $129,552/year with estimated expenses of $37,000, this offers a strong 6.17% cap rate. Market rents are around $2,800/month, pushing the potential cap rate to 6.49%. Conveniently located near Costco, Coral Square Mall, Sawgrass Mills, and just 2 minutes from the Sawgrass Expressway.

Full Property Details for 3501 NW 114th Ln

General

  • Sold For: $1,380,000
  • Taxes: $25,094 (2023)
  • Status: Closed
  • Type: Multi-Family
  • Source: Regional
  • MLS ID: F10512073
  • Added to Site: 254 day(s) ago

Interior

  • Flooring: Tile

Exterior

  • Exterior Features: Balcony
  • Porch/Patio/Deck: Porch, Balcony

Location

  • County: Broward
  • Subdivision: Castlewood 71-37 B

Community

  • Community Name: 3625
  • Assoc. Fees Include: Trash, Water
  • Units Assoc/Comm: 44

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Central, Separate Meters

Utilities

  • Sewer: Public Sewer
  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Construction: Block
  • Roof: Spanish Tile
  • Stories/Levels: 2
  • Square Feet: 4,464
  • Living Area: 4,464 Sq. Ft.
  • Year Built: 1988
  • Property Condition: Resale

Lot Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Zoning: RM-15

Financial Considerations

  • Assessment Amount: $1,059,070
  • Tax Amount: $25,094
  • Tax Year: 2023
  • Terms: Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Lease
  • Legal Description: CASTLEWOOD 71-37 B LOT 6 BLK M
  • Property ID: 484117061400

Listed by Lifestyle International Realty
Sold by Double Pines Realty, LLC

Listing agent

— 3501 NW 114th Ln —

  • Lifestyle International Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3501 NW 114th Ln

School District:Broward County School District
NameGradesDistance
Coral Springs Elementary School
3601 Northwest 110th Avenue, Coral Springs, FL 33065
PK-50.5 mi
Coral Springs Middle School
10300 Wiles Rd, Coral Springs, FL 33076
6-81.3 mi
Coral Glades High School
2700 Sportsplex Drive, Coral Springs, FL 33065
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3501 NW 114th Ln

Date
Details
Price
Change
Source
1/29/2026
Sold
$1,380,000
-8%
MLS
6/26/2025
Listed
$1,499,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Lifestyle International Realty
Sold by Double Pines Realty, LLC

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3501 NW 114th Lane, Coral Springs, FL 33065 (MLS# F10512073) is a Multi-Family property that was sold at $1,380,000 on January 29, 2026. Want to learn more about 3501 NW 114th Lane? Do you have questions about finding other Multi-Family real estate for sale in Coral Springs? You can browse all Coral Springs real estate or contact a Coldwell Banker agent to request more information.