Sold

Closed

11551 Royal Palm Blvd #1-5

Coral Springs FL, 33065

$1,650,000


Sold

Closed

Commercial

Built in 1985

5 Unit Building On Over A Quarter Acre, Located Directly On Royal Palm Blvd. All Units Are Extremely Large Townhomes Which Include Two Units Are 3 Bedroom 2 1/2 Baths. Three Units Are 2 Bedroom 2 1/2 Baths. Total Square Feet For Entire Building Is Around 7500SQft. All Units Have Private Screened Patio, Eat In Kitchen, Full Dinning And Living. All Units Have Full Size Washers/Dryers. Current Rents Are Way Below Market, Some Tenants Have Been There For Over Ten Years. Tremendous Upside. Projected Annual Gross Income is $145,548. Annual Expenses Are $34,038. Expenses Include Taxes (Trash Included) $20,414 Landscaping:$4,284 Insurance: $4,600 Water: $4,500 Electric (House): $240. Buildings Like This Are Rarely Available In Coral Springs So Don't Miss Out On This One! This Is A Must See!

F10406389

MLS ID

October 27, 2023

Listed

July 13, 2024

Updated

Map

11551 Royal Palm Blvd #1-5
Coral Springs FL, 33065

Interior Features

Total Stories

2


Floor Description

Carpet, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.41 Acres


Roof

Tile


Sewer

Other

Other Property Details

Area Name

3626


Taxes

$20,414


Tax Frequency

Annually


Days on Market

126


Garage

No


Parking

Common


Parking Total

10


View

No


County

Broward County


Water Source

Public


Pool

No

Listing History

Date

Event

Price

4/15/2024

Sold

$1,650,000

3/6/2024

Pending

Listed by: Fidelity Real Estate Group LLC
Listing Contact: (954) 234-7653 

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Data last updated 5:15 PM UTC, 7/13/2024

 

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