For sale

$899,000

3502 Riverside Drive, Coral Springs, FL 33065

6beds

5baths

2,513sqft

Est.:

Triplex, Multi Family, Multi Family

Built in 1973

-- sqft lot

$-- Zestimate^®

$358/sqft

$-- HOA

What's special

On-site parkingPrivate yard space

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.

83 days

363

12

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 5

Heating

Central, Electric, Separate Meters

Cooling

Central Air, Electric

Features

Flooring: Tile

Interior area

Total interior livable area: 2,513 sqft

Video & virtual tour

View virtual tour

Property

Features

Patio & porch: Porch, Balcony
Exterior features: Balcony
On waterfront: Yes
Waterfront features: Canal Front, Other
Frontage type: Waterfront
Frontage length: 74.00,74.00

Lot

Features: < 1/4 Acre

Details

Parcel number: 484114015580
Zoning: RM-20
Special conditions: Listed As-Is

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex, Multi Family, Multi Family

Materials

Block
Roof: Spanish Tile

Condition

Resale
New construction: No
Year built: 1973

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Subdivision: Coral Spgs Sub 1 59-30 B

HOA

Has HOA: Yes
Services included: Water

Location

Region: Pompano Beach

Financial & listing details

Price per square foot: $358/sqft
Tax assessed value: $517,800
Annual tax amount: $12,903
Date on market: 12/26/2025
Cumulative days on market: 83 days
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
12/26/2025	Listed for sale	$899,000-5.5%$358/sqft
Source: BeachesMLS #F10542493 Report a problem
9/22/2025	Listing removed	$951,000$378/sqft
Source: BeachesMLS #F10506307 Report a problem
6/3/2025	Listed for sale	$951,000+129.2%$378/sqft
Source: BeachesMLS #F10506307 Report a problem
3/12/2018	Sold	$415,000$165/sqft
Source: BeachesMLS #F10103167 Report a problem