3502 Riverside Dr, Coral Springs, FL 33065
3502 Riverside Dr, Coral Springs, Broward, FL 33065
Description
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.
F10542493
MLSⓇ ID
7
Days On Market
1973
Property Year
Structure Type
Features and Amenities
Property Map
Map
Disclaimer
Property ID - F10542493
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Data last updated 12:00 PM EST, 10/30/2025
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