$185,384*
●
Condo -
Off Market
1075 Riverside Dr #401
Coral Springs, FL 33071
2 Beds
2 Baths
990 Ft²
$162,000 - $196,000
Reference Base Price*
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Amazing INVESTMENT Opportunity to Purchase in its "as is"
condition. This 4th Floor Corner Unit includes 2 Bedrooms/2
Bathrooms, Large Walk-in Closet, Screened Balcony overlooking
Garden and Pool, Parking Space, Storage Closet and Laundry on the
same floor. Maintenance includes Insurance, Water, Trash &
Basic Cable. Community Offers Pool & Tennis Courts.
The manager has listed the unit size as 990 square feet.
The manager has listed the unit size as 990 square feet.
Unit Size
990 Ft²
Days on Market
-
Land Size
-
Price per sqft
$182
Property Type
Condo
Property Taxes
$219
HOA Dues
$450
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 7, 2023 | Sold | ||
| Sold | |||
| Aug 17, 2023 | In contract | - | |
| In contract | |||
| May 30, 2023 | Listed | $247,500 | |
| Listed | |||
| | |||
|
Brand new 2 bedroom, 2 bath condo with a veranda, located in a quiet, mostly single family residential area of Coral Springs. Full unit renovation completed May 30, 2023. Currently vacant, and never occupied since renovation. Can be rented right away. New kitchen with white Shaker cabinets, extensive granite, 24 inch tiles, and brand new stainless steel appliances with french door refrigerator, all purchased on May 15, 2023 with transferable warranties. Two new bathrooms with 24 inch porcelain tiles, glass doors, new cabinets, and high hat LED lights. New 24 inch tile, carpeting, and LED lighting throughout, with a new crystal/LED chandelier in the dining area. Newly refinished walls with fresh paint. See broker remarks for more info, Budget available upon request
| |||
| Apr 13, 2023 | No longer available | - | |
| No longer available | |||
| Mar 9, 2023 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/30/2024
|
2 Bed
|
2 Bath
|
1100 ft²
|
$169,000
2 Bed
2 Bath
1100 ft²
|
$162,000
-4.14%
03/01/2025
|
Chacko Varughese
RE/MAX Park Creek Realty Inc
| |
|
11/27/2023
|
2 Bed
|
2 Bath
|
1100 ft²
|
$259,900
2 Bed
2 Bath
1100 ft²
|
$265,000
+1.96%
02/29/2024
|
German Pizarro
MJ Realty Group, INC
| |
|
12/11/2022
|
2 Bed
|
2 Bath
|
990 ft²
|
$189,000
2 Bed
2 Bath
990 ft²
|
-
-
|
Lisa Hafetz
Curious Real Estate
| |
|
12/11/2022
|
2 Bed
|
2 Bath
|
990 ft²
|
$189,000
2 Bed
2 Bath
990 ft²
|
-
-
|
Lisa Hafetz
Curious Real Estate
| |
|
11/17/2022
|
2 Bed
|
2 Bath
|
990 ft²
|
$190,000
2 Bed
2 Bath
990 ft²
|
-
-
|
Norma Zetina
United Realty Group Inc
| |
|
09/09/2022
|
2 Bed
|
2 Bath
|
1100 ft²
|
$224,500
2 Bed
2 Bath
1100 ft²
|
-
-
|
Steven Modica
Real Estate Home Sales Inc
| |
|
09/04/2022
|
2 Bed
|
2 Bath
|
990 ft²
|
$178,000
2 Bed
2 Bath
990 ft²
|
-
-
|
Sonia Martinez
AGENT TRUST REALTY CORPORATION
| |
|
02/24/2021
|
1 Bed
|
2 Bath
|
-
|
$127,750
1 Bed
2 Bath
|
$122,500
-4.11%
04/05/2021
|
Ron Donofrio
Florida Brokers Realty Inc
| |
|
08/27/2020
|
1 Bed
|
2 Bath
|
1000 ft²
|
$129,700
1 Bed
2 Bath
1000 ft²
|
$127,000
-2.08%
10/09/2020
|
Dean Ehrlich
RE/MAX Park Creek Realty Inc
| |
|
11/04/2019
|
1 Bed
|
2 Bath
|
1000 ft²
|
$115,000
1 Bed
2 Bath
1000 ft²
|
$105,000
-8.70%
01/22/2020
|
Mary-Frances Donovan
The Keyes Company
| |
|
04/27/2019
|
1 Bed
|
1 Bath
|
1000 ft²
|
$105,000
1 Bed
1 Bath
1000 ft²
|
$104,000
-0.95%
06/07/2019
|
Carole Greenberg
Rent-Rite, Inc.
| |
|
08/23/2018
|
2 Bed
|
2 Bath
|
1100 ft²
|
$129,900
2 Bed
2 Bath
1100 ft²
|
$125,000
-3.77%
01/11/2019
|
Juan Salas
United Realty Group Inc
| |
|
05/01/2017
|
2 Bed
|
2 Bath
|
1100 ft²
|
$110,000
2 Bed
2 Bath
1100 ft²
|
$110,000
06/13/2017
|
Marcelo Olsak
Florida Brokers Real Estate
| |
|
08/03/2015
|
2 Bed
|
2 Bath
|
1100 ft²
|
$95,000
2 Bed
2 Bath
1100 ft²
|
$92,000
-3.16%
10/30/2015
|
Cesar Perez
United Realty Group Inc
| |
|
06/20/2014
|
2 Bed
|
2 Bath
|
990 ft²
|
$86,000
2 Bed
2 Bath
990 ft²
|
$81,000
-5.81%
10/30/2014
|
Joe Pelayo
Total R E Consultants Inc
| |
|
03/07/2014
|
2 Bed
|
2 Bath
|
990 ft²
|
$55,000
2 Bed
2 Bath
990 ft²
|
$55,000
08/28/2014
|
Cesar Perez
United Realty Group Inc
| |
|
11/17/2013
|
2 Bed
|
2 Bath
|
990 ft²
|
$75,000
2 Bed
2 Bath
990 ft²
|
$75,000
12/18/2013
|
Denis Sobiewski
DNS Property Management Inc
| |
|
08/08/2013
|
1 Bed
|
1 Bath
|
1000 ft²
|
$54,900
1 Bed
1 Bath
1000 ft²
|
$52,000
-5.28%
11/06/2013
|
Danny Lewis
Lewis Real Estate Group Inc
| |
|
05/08/2013
|
1 Bed
|
2 Bath
|
1000 ft²
|
$54,900
1 Bed
2 Bath
1000 ft²
|
$55,000
+0.18%
07/22/2013
|
Laurence Lebin
Armen Realty Inc
| |
|
10/05/2011
|
1 Bed
|
2 Bath
|
1000 ft²
|
$29,999
1 Bed
2 Bath
1000 ft²
|
$31,000
+3.34%
05/22/2012
|
Joseph Fiorello
RE/MAX Park Creek Realty Inc
| |
|
05/11/2011
|
2 Bed
|
2 Bath
|
1023 ft²
|
$46,500
2 Bed
2 Bath
1023 ft²
|
$46,500
06/17/2011
|
Steven Horvath
Steven D Horvath Realty Inc
| |
|
04/04/2011
|
2 Bed
|
2 Bath
|
1100 ft²
|
$50,000
2 Bed
2 Bath
1100 ft²
|
$50,000
07/22/2011
|
Jennifer Doak
Keller Williams Realty Profess
| |
|
09/26/2008
|
2 Bed
|
2 Bath
|
-
|
$54,000
2 Bed
2 Bath
|
$54,000
03/31/2009
|
Larry Hahn
John Naumann & Associates
| |
|
06/16/2008
|
2 Bed
|
2 Bath
|
1100 ft²
|
$85,000
2 Bed
2 Bath
1100 ft²
|
$80,000
-5.88%
09/03/2008
|
Carolyn Russell
| |
|
01/23/2007
|
2 Bed
|
2 Bath
|
1100 ft²
|
$159,800
2 Bed
2 Bath
1100 ft²
|
$156,000
-2.38%
08/30/2007
|
Joanne Kassar
Just For Sun Realty, Inc
| |
|
04/14/2006
|
1 Bed
|
2 Bath
|
-
|
$139,900
1 Bed
2 Bath
|
$139,000
-0.64%
08/18/2006
|
Allen Pazin
Coldwell Banker Res RE
| |
|
01/07/2006
|
1 Bed
|
2 Bath
|
940 ft²
|
$149,900
1 Bed
2 Bath
940 ft²
|
$139,500
-6.94%
03/15/2006
|
Richard E Thompson
The Keyes Company
|
Building Info
1075 Riverside Drive
1075 Riverside Drive, Pompano Beach, FL 33071
- 3 Units for Sale
About Coral Springs
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