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33684450
33684448

8704 NW 38th Drive, Coral Springs, FL 33065

SM
FL 3530706
KW Commercial Boca Raton East
KW Commercial
Listed by KW Commercial Boca Raton East, KW Commercial
$1,750,000
3 days on market
Updated 3 days ago

8704 NW 38th Drive

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,041
Year Built 1973
Buildings 1
Lot Size (SqFt) 13,746
Zoning RM-20 - MEDIUM DENSITY MULTIPLE-FAMILY

Turnkey 5-Unit Multifamily Investment | Fully Occupied | Immediate Cash Flow

Marketing description

Fully occupied five-plex at 8704 NW 38th Drive—five 2/1 units, all rented, low maintenance, immediate cash flow. This is plug-and-play multifamily investing at its best: established tenants, minimal upkeep, and a prime Coral Springs location that keeps demand strong and vacancies low. No lease-up period, no capital repairs, no drama—just steady income from day one. Perfect for portfolio builders, passive investors, or 1031 exchange buyers seeking stable returns in a proven market. Fully stabilized, turnkey, and priced to move.

Investment highlights

Stabilized asset featuring five 2-bedroom, 1-bathroom units with an established tenant base and consistent rental income.

• Low-maintenance, turnkey investment requiring minimal capital expenditures and operational oversight.

• Prime Coral Springs location with strong rental demand, excellent demographics, and convenient access to schools, shopping, dining, and major employment centers.

• Ideal opportunity for passive investors, portfolio expansion, or 1031 exchange buyers seeking stable returns in a proven South Florida market.

Listing Contacts

SM
FL 3530706
KW Commercial Boca Raton East
KW Commercial
Listed by KW Commercial Boca Raton East, KW Commercial

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Zoning

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RM-20 ResidentialMulti FamilyMedium Density Multiple Family
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Stephen Molinari
License
3530706
Brokerage
KW Commercial
Brokerage Phone
561-305-6161
Title
Investment Specialist
Name
Dennis Rodriguez
License
3548995
Brokerage
KW Commercial
Brokerage Phone
(561) 245-4000
Title
Commercial Sales & Investment Specialist
Brokerage Address
2424 North Federal Highway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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