$1,185,000
SOLD JUL 7, 2025

11500 NW 42nd St Unit 1-4 Coral Springs, FL 33065

Wood Lake Neighborhood
-- Bed
-- Bath
4,077 Sq Ft
1988 Built

Recently Sold

$291 Per Sq Ft

15% Below List Price

60 Days on Market

About This Home

As of July 2025

Investors dream with a solid 7.8% gross return, this fully leased 4-Plex in Coral Springs presents an outstanding investment opportunity. The property consists of 4 spacious, tastefully renovated, 3BR/2BA units. All units are separately metered for electricity, with a single water bill shared across the building. Each unit includes its own washer and dryer, providing tenants with added convenience and reducing maintenance for ownership.Located in a quiet, residential area of Coral Springs, this turn-key multifamily asset offers stable cash flow and strong rental demand.

Last Agent to Sell the Property

Daniel Brooks

Keller Williams Realty Services License #3283415 Listed on: 05/08/2025

Keller Williams Realty Services

Co-Listed By

Jonathan Phillips

Keller Williams Realty Services License #3278130

Last Buyer's Agent

Daniel Brooks

Keller Williams Realty Services License #3283415 Listed on: 05/08/2025

Keller Williams Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,761

Year Built

  • Built in 1988

Lot Details

  • Sprinkler System

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 4,077 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484117020620

Community Details

Overview

  • 4 Units
  • Glenwood Subdivision

Building Details

  • Operating Expense $33,141
  • Net Operating Income $76,059

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,761

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Coral Ridge Drive North Of Sample To 41St St Make A Right To 115Th Ave Make A Left Building Is On The Corner Of 42Nd St And 115Th Ave
  • Year Built: 1988
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 4077.0

Exterior Features

  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Other
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 484117020620
  • Lot Size: < 1/4 Acre
  • Zoning Description: -

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 76059.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 33141.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 21761.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2025
Closed on
Jul 7, 2025
Sold by
Dooly Property 3 Llc
Bought by
Woodlands Land Trust and Ecillin Inc
Seller's Agent
Daniel Brooks
Keller Williams Realty Services
Buyer's Agent
Daniel Brooks
Keller Williams Realty Services
List Price
$1,400,000
Sold Price
$1,185,000
Premium/Discount to List
-$215,000
-15.36%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.80%

Purchase Details

Closed on
Jun 29, 2021
Sold by
Cardoso Dooly
Bought by
Dooly Property 3

Purchase Details

Closed on
Jun 28, 2021
Sold by
Dume Llc
Bought by
Cardoso Dooly

Purchase Details

Closed on
Oct 19, 2016
Sold by
1500 Nw 42Nd Llc
Bought by
Dume Llc

Purchase Details

Closed on
Mar 22, 2013
Sold by
Zarif Uri
Bought by
11500 Nw 42Nd Llc

Purchase Details

Closed on
Mar 11, 2013
Sold by
Scott Norma J
Bought by
Zarif Uri

Purchase Details

Closed on
Sep 13, 2012
Sold by
Scott Ronnie B and Scott Norma J
Bought by
11500 Nw 42Nd Street Trust and Coral Springs Community Management Trust

Purchase Details

Closed on
Jan 30, 2003
Sold by
Gotman Vladimir and Gottesman Ignat
Bought by
Scott Ronnie B and Scott Norma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.98%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,185,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $880,000 First International Ttl Inc
Warranty Deed $645,000 None Available
Quit Claim Deed -- Colonial Title Of Plantation
Quit Claim Deed -- Colonial Title Of Plantation
Deed -- None Available
Warranty Deed $325,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $410,900 Negative Amortization
Previous Owner $260,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Sold $1,185,000 -15.4% $291 / Sq Ft
05/08/2025 05/08/25 For Sale $1,400,000 -- $343 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

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 $21,761 $930,550 -- --
2024 $19,108 $930,550 -- --
2023 $19,108 $769,060 $88,400 $680,660
2022 $17,853 $727,960 $88,400 $639,560
2021 $16,264 $653,220 $0 $0
2020 $14,950 $629,120 $88,400 $540,720
2019 $13,856 $568,450 $88,400 $480,050
2018 $12,572 $578,240 $88,400 $489,840
2017 $11,126 $446,180 $0 $0
2016 $9,254 $355,540 $0 $0
2015 $8,528 $323,220 $0 $0
2014 $7,869 $293,840 $0 $0
2013 -- $275,690 $88,400 $187,290
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    Daniel Brooks

    Keller Williams Realty Services

    (561) 571-8734

    1 in this area

    113 Total Sales

    Section Image
  • Jonathan Phillips

    Seller Co-Listing Agent in 2025

    Jonathan Phillips

    Keller Williams Realty Services

    (561) 320-3869

    1 in this area

    278 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R11088835

BeachesMLS

APN: 48-41-17-02-0620

Florida Broward County Coral Springs 33065 Wood Lake

11500 NW 42nd St Unit 1-4, Coral Springs, FL

This home is located at 11500 NW 42nd St Unit 1-4, Coral Springs, FL 33065 and is currently priced at $1,185,000, approximately $290 per square foot. This property was built in 1988. 11500 NW 42nd St Unit 1-4 is a home located in Broward County with nearby schools including Coral Springs Elementary School, Coral Springs Middle School, and Coral Glades High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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