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Presented by
Steve Silva |
4341 RIVERSIDE Drive, #A-D, Coral Springs, FL, 33065 | $1,250,000
Exceptional 4-unit multifamily property in the heart of Coral Springs, featuring 4 spacious 2-bedroom, 2-bath residences, 8 private parking spaces, on-site laundry, strong in-place income, and outstanding long-term rental upside. The property currently generates $103, 200 in annual gross income, with the potential to increase gross income to approximately $113, 400. Recent upgrades include brand-new stainless steel appliances , updated kitchen cabinetry, fresh interior paint, updated air handlers, and select units featuring 20x20 white porcelain flooring, new closet doors. Each residence offers a desirable split-bedroom floor plan, covered private patio, and separate electric meters. An outstanding investment opportunity offering stable cash flow with upside.
Features
- Units: 4
- Laundry: Laundry Room
- Year Built: 1973
- Heating: Electric, Other
- Cooling: Electric, Central Individual
- Approx Sq. Feet: 3,964
- Acreage: 0.16
- Est. Taxes: $19,784
- Elem. School: James S. Hunt
- Middle School: Forest Glen
- High School: Coral Springs
- Pet Policy: Yes, No Restrictions
- Tenant Pays: Cable TV, Electricity
- MLS#: B26054467
- Website: https://www.raveis.com
/prop/B26054467/4341riversidedrive_coralsprings_fl?source=qrflyer
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Steve SilvaSales Associate
508.360.4707
Steve.Silva@Raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Ali OldhamVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 2803699
508.274.0185
Ali.Oldham@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
4341 RIVERSIDE Drive, #A-D, Coral Springs, FL, 33065
$1,250,000
Steve Silva
Sales Associate
William Raveis Real Estate
Phone: 508.360.4707
Steve.Silva@Raveis.com
Ali Oldham
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.274.0185
Ali.Oldham@raveis.com
NMLS Mortgage Loan Originator ID 2803699
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.326% | 6.361% | 6.183% |
| Monthly Tax Payment | $1,649 | $1,649 | $1,649 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,996 | $6,157 | $8,439 |
| Total Monthly Payment | $7,770 | $7,931 | $10,213 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388