3502 Riverside Drive, Coral Springs, FL 33065

• 2,513 sqft

Property Description

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.

Listing Status:

Active

Date Added:

December 26, 2025

Data Last Updated:

February 15, 2026 at 8:22PM

Listing Office:

Coldwell Banker Realty : 954-527-5900

Listing Agent:

Patrick Barnicle : 954-426-7653

MLS ID:

F10542493

Interior

• Flooring: Tile
• A/C: Central AirElectric
• Heating: CentralElectricSeparate Meters

Exterior

• General: Balcony
• Other Structures: PorchBalcony

Construction

• Roofing: Spanish Tile
• General: Block1

Location

• Road/Access: Waterfront
• HOA Amenities: Water0.0
• Originating MLS: BEACH_BEACH
• County: Broward

Lot

• Zoning: RM-20CORAL SPRINGS SUB NO 1 59-30 B LOT 15 BLK Y484114015580

Utilities

• Utilities: Cable Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BEACH_BEACH