3502 Riverside Drive Coral Springs, FL 33065
2,513 Sqft, Triplex
AGENT'S REMARKS ABOUT 3502 RIVERSIDE DRIVE
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.
PROPERTY DETAILS
- Property Type: Triplex
- Approx Living Area: 2,513 SqFt
- Year Built: 1973
- Stories: 1
- Flooring: Tile
- Roof: Spanish Tile
- Total Floors in Building: 1
- Construction: Block, CBS
- Exterior Description: Balcony
- Cooling System: Central Air, Electric
- Heating: Central, Electric, Separate Meters
- Utility Information: Cable Available
- County: Broward
- Area: 3622
- Subdivision: Coral Spgs Sub 1 59-30 B
- Annual Property Taxes: $12,903
MAP LOCATION FOR 3502 RIVERSIDE DRIVE CORAL SPRINGS, FL 33065
SIMILAR LISTINGS NEAR 3502 RIVERSIDE DRIVE
• 3,812 Sq Ft
3310 NW 90th Avenue 3310-3310s Coral Springs FL, 33065
Do you have questions about 3502 Riverside Drive Coral Springs, FL 33065? Contact us for more information and to schedule a tour. Brett Colby Group is a local top real estate service in Palm Beach County, FL.
Listing courtesy of Coldwell Banker Realty 04.30.2026
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