NOT LISTED FOR SALE

8550 NW 40th St Coral Springs, FL 33065

Village Green Neighborhood

Estimated Value: $1,279,088 - $1,508,000

1 Bed
2 Baths
4,547 Sq Ft
$305/Sq Ft Est. Value

Last Sold July 13, 2023

Last sale price $1,300,000 $286 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,559/month

100 Days on Market

Highlights

  • Lake Front
  • Tile Flooring
  • 2-minute walk to Sandy Ridge Sanctuary
  • No HOA
  • Central Heating and Cooling System

About This Home

As of July 2023

Beautiful lakefront multifamily property located in the heart of Coral Springs. All units are three bedrooms with two full bathrooms. This is a great investment property. Across the lake is a brand new million-dollar k hovnanian homes single family community. Property is currently tenant occupied on a month-to-month basis. Rents are below market so there is a huge potential for a great upside to increase monthly rents to current rental rates. New roof was installed on the property in 2020. One unit is leased until 9/2023. Property is being well-maintained. This is the perfect long term investment property for a seasoned investor or new investor, or a homeowner. PLEASE DO NOT DISTURB TENANTS. Contact listing agent directly for more information.

Last Agent to Sell the Property

Tamika Moses

Robin Bird Realty Inc License #3250522 Listed on: 03/28/2023

Last Buyer's Agent

Brian Kruszewski

Atlantic Properties Int'l Inc License #3275948

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,719

Year Built

  • Built in 1998

Lot Details

  • 50 Ft Wide Lot
  • Lake Front

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,547 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Coral Springs Village Gre Condos
  • Coral Springs Village Gre Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484115050270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,719

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1998
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: CORAL SPRINGS VILLAGE GRE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 4547
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Other
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CORAL SPRINGS VILLAGE GRE
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 484115050270
  • Zoning: RM-20
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 17719

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
Jul 13, 2023
Sold by
Abellard Leonie
Bought by
American Heritage School Of Plantation Inc
Seller's Agent
Tamika Moses
Robin Bird Realty Inc
Buyer's Agent
Brian Kruszewski
Atlantic Properties Int'l Inc
List Price
$1,400,000
Sold Price
$1,300,000
Premium/Discount to List
-$100,000
-7.14%
Views
137
Current Estimated Value
$1,388,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,522
Avg. Annual Appreciation
3.68%

Purchase Details

Closed on
Apr 1, 2003
Sold by
Caceres Mondazze Anthony and Caceres Mondazze Romana L
Bought by
Abellard Antenor and Abellard Leonie

Purchase Details

Closed on
Jan 14, 1997
Sold by
Tcm Holdings Inc
Bought by
Caceres Anthony and Caceres Ramona L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 1995
Sold by
Caceres Anthony T
Bought by
Tcm Holdings Inc

Purchase Details

Closed on
Sep 20, 1995
Sold by
Royal Palm Const Co
Bought by
Caceres Anthony T

Purchase Details

Closed on
Jul 5, 1995
Sold by
Resolution Tr Corp
Bought by
Royal Palm Const Co

Purchase Details

Closed on
Aug 25, 1994
Sold by
Clerk Circuit Court
Bought by
Resolution Tr Corp and Coral Coast Fed Sav Bk

Purchase Details

Closed on
Aug 23, 1994
Sold by
Ct Clerk Circuit
Bought by
Resolution Tr Corp and Coral Coast Fed Sav Bk

Purchase Details

Closed on
Aug 19, 1993
Sold by
Clerk Circuit Court
Bought by
Resolution Tr Corp and Coral Coast Fed Sav Bk
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 Buyer Sale Price Title Company
American Heritage School Of Plantation Inc $1,300,000 None Listed On Document
Abellard Antenor $487,500 Atlantic Coast Title
Caceres Anthony $100 --
Tcm Holdings Inc $100 --
Caceres Anthony T $30,000 --
Royal Palm Const Co -- --
Resolution Tr Corp -- --
Resolution Tr Corp -- --
Resolution Tr Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Resolution Tr Corp $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2023 07/13/23 Sold $1,300,000 -7.1% $286 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $1,400,000 -- $308 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $25,928 $1,205,250 -- --
2024 $20,203 $1,095,690 $96,250 $999,440
2023 $20,203 $786,750 $0 $0
2022 $17,719 $715,230 $0 $0
2021 $16,372 $650,210 $0 $0
2020 $14,838 $617,710 $96,250 $521,460
2019 $14,003 $595,210 $96,250 $498,960
2018 $12,085 $507,020 $96,250 $410,770
2017 $11,112 $444,110 $0 $0
2016 $11,046 $403,740 $0 $0
2015 $10,176 $367,040 $0 $0
2014 $8,957 $333,680 $0 $0
2013 -- $346,510 $96,250 $250,260
Source: Public Records

Agents Affiliated with this Home

  • Tamika Moses

    Seller's Agent in 2023

    Tamika Moses

    Robin Bird Realty Inc

    (954) 404-4646

    1 in this area

    17 Total Sales

    Tamika Moses
    Section Image

  • B

    Buyer's Agent in 2023

    Brian Kruszewski

    Atlantic Properties Int'l Inc

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11363315

MIAMI REALTORS® MLS

APN: 48-41-15-05-0270

Florida Broward County Coral Springs 33065 Village Green

8550 NW 40th St, Coral Springs, FL

This home is located at 8550 NW 40th St, Coral Springs, FL 33065 since 28 March 2023 and is currently estimated at $1,388,522, approximately $305 per square foot. This property was built in 1998. 8550 NW 40th St is a home located in Broward County with nearby schools including James S. Hunt Elementary School, Forest Glen Middle School, and Coral Springs 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.

MIAMI REALTORS® MLS 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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