3775 NW 116th Terrace Coral Springs, FL 33065
Wood Lake NeighborhoodEstimated payment $9,362/month
Highlights
- No HOA
- Central Heating and Cooling System
- 3-minute walk to Castlewood Park
- Ceramic Tile Flooring
- 1-Story Property
About This Home
HIGH REDUCTION FOR SERIOUS BUYERS. Grow your wealth with this amazing investment opportunity. This fourplex sits on a wide lot in the beautiful city of Coral springs. The one story 4 units apartment property features large 3 bedrooms and 1.5 bathrooms in each unit. All of them substantially renovated including washer and dryer in 3 of the 4 units. The building and the roof is in excellent condition with 40 year inspection completed. 10 parking spaces available for residents. Great outdoor area next to a beautiful park with basketball court, playground and outstanding green area for the use of all families. All units currently rented with potential to increase the rent.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,721
Year Built
- Built in 1976
Parking
- 10 Parking Spaces
Home Design
- Quadruplex
- Substantially Remodeled
- Barrel Roof Shape
Interior Spaces
- 3,819 Sq Ft Home
- 1-Story Property
- Ceramic Tile Flooring
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 4 Units
- Castlewood Condos
- Castlewood Subdivision
Listing and Financial Details
- Rent includes hot water, gardener, sewer, trash collection, water
- Assessor Parcel Number 484117060640
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $23,358 | $969,510 | $70,000 | $899,510 |
| 2024 | $18,721 | $969,510 | $70,000 | $899,510 |
| 2023 | $18,721 | $750,340 | $70,000 | $680,340 |
| 2022 | $17,504 | $710,820 | $70,000 | $640,820 |
| 2021 | $16,004 | $634,820 | $0 | $0 |
| 2020 | $14,597 | $610,220 | $70,000 | $540,220 |
| 2019 | $13,519 | $549,140 | $70,000 | $479,140 |
| 2018 | $11,734 | $476,960 | $70,000 | $406,960 |
| 2017 | $8,628 | $279,520 | $0 | $0 |
| 2016 | $7,424 | $254,110 | $0 | $0 |
| 2015 | $6,858 | $231,010 | $0 | $0 |
| 2014 | $6,357 | $210,010 | $0 | $0 |
| 2013 | -- | $206,450 | $70,000 | $136,450 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/06/2025 01/06/25 | Price Changed | $1,398,000 | -4.2% | $366 / Sq Ft |
| 11/20/2024 11/20/24 | Price Changed | $1,460,000 | -2.0% | $382 / Sq Ft |
| 09/26/2024 09/26/24 | Price Changed | $1,490,000 | -2.0% | $390 / Sq Ft |
| 02/09/2024 02/09/24 | Price Changed | $1,520,000 | -5.0% | $398 / Sq Ft |
| 11/30/2023 11/30/23 | For Sale | $1,600,000 | +48.8% | $419 / Sq Ft |
| 06/20/2023 06/20/23 | Sold | $1,075,000 | -8.9% | $281 / Sq Ft |
| 02/25/2023 02/25/23 | For Sale | $1,180,000 | +49.4% | $309 / Sq Ft |
| 12/29/2021 12/29/21 | Sold | $790,000 | -1.3% | $207 / Sq Ft |
| 11/29/2021 11/29/21 | Pending | -- | -- | -- |
| 09/20/2021 09/20/21 | For Sale | $800,000 | +45.5% | $209 / Sq Ft |
| 08/30/2017 08/30/17 | Sold | $550,000 | -8.3% | $132 / Sq Ft |
| 07/31/2017 07/31/17 | Pending | -- | -- | -- |
| 04/18/2017 04/18/17 | For Sale | $600,000 | -- | $144 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Enterprise Title Inc | |
| Deed | -- | Attorney | |
| Warranty Deed | $550,000 | Attorney | |
| Warranty Deed | $395,000 | -- | |
| Warranty Deed | $326,000 | Citizens Title Services Inc | |
| Warranty Deed | $200,000 | -- | |
| Warranty Deed | $300,000 | -- | |
| Warranty Deed | $200,000 | -- | |
| Warranty Deed | $160,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $400,000 | Commercial | |
| Previous Owner | $260,000 | Construction | |
| Previous Owner | $250,000 | Commercial | |
| Previous Owner | $354,250 | Commercial | |
| Previous Owner | $316,000 | Commercial | |
| Previous Owner | $260,800 | Commercial | |
| Previous Owner | $270,000 | Commercial | |
| Previous Owner | $180,000 | Commercial | |
| Previous Owner | $128,000 | Commercial | |
| Closed | $32,600 | No Value Available |
Source: MIAMI REALTORS® MLS
MLS Number: A11493966
APN: 48-41-17-06-0640
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