For Sale
$5,600,000

10901-10931 Royal Palm Blvd Coral Springs, FL 33065

16-Unit Complex, Updated, Prime Location

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional multifamily investment opportunity presents a rare chance to acquire a well-maintained 16-unit property situated on a single lot in the desirable Coral Springs, Florida neighborhood. The property consists of two side-by-side buildings, each boasting eight units. The unit mix includes four three-bedroom, two-bathroom units and four two-bedroom, two-bathroom units. Built in 1992, the property features a brand new roof, significantly enhancing its value and reducing future maintenance costs. Each unit is equipped with its own electric meter, providing individual utility control and cost efficiency. Residents enjoy the convenience of two assigned parking spaces per unit, along with private patios and individual inside washer/dryer hookups. Further enhancing the appeal, each unit includes a small storage closet. The property's location offers easy access to excellent schools, major highways, a wide array of shopping options, and diverse dining experiences. With its strong tenant base and desirable amenities, this property represents a compelling investment opportunity in a thriving Florida market. The total square footage is 14,880 across the two two-story buildings. The asking price is $5,600,000. This property is located at 10901-10931 Royal Palm Blvd, Coral Springs, FL 33065.

Highlights

  • Exceptional 16-unit multifamily investment opportunity in desirable Coral Springs, FL.
  • Two side-by-side buildings, each with eight units (four 3/2 and four 2/2).
  • 14,880 square feet total, built in 1992, featuring a brand new roof.
  • Individual electric meters, two assigned parking spaces, private patios, inside washer/dryer hookups, and storage closets per unit.
  • Excellent location with easy access to schools, highways, shopping, and dining; strong tenant base.
  • Asking price: $5,600,000; located at 10901-10931 Royal Palm Blvd, Coral Springs, FL 33065.

Property Details for 10901-10931 Royal Palm Blvd

Property type
Commercial real estate
Square Feet
14,880 SF
Year Built
1992
Buildings
2
Stories
2

Location Insight

City
Coral Springs
County
Broward
State
Florida
Latitude
26.2594133
Longitude
-80.2714842

FAQs

What type of property is this?
Commercial real estate - 16-Unit Complex, Updated, Prime Location
Where is the commercial real estate located?
The property is located at 10901-10931 Royal Palm Blvd Coral Springs, FL.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: Exceptional 16-unit multifamily investment opportunity in desirable Coral Springs, FL.; Two side-by-side buildings, each with eight units (four 3/2 and four 2/2).; 14,880 square feet total, built in 1992, featuring a brand new roof.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
10901-10931 Royal Palm Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message