42,425 sqft

$8,650,000

3331 Coral Hills Dr, Coral Springs FL, 33065

Price per sqft$203.89

Built in1973

Property size42,425 sqft

Property typeCommercial

Overview

Sold

Closed

Listed Feb 1, 2025

Updated 4 weeks ago

ATTENTION DEVELOPERS and INVESTORS! Here is your chance to purchase 53 units that are 100% rented, and possibly develop 3 ACRES in the middle of Coral Springs’ Downtown District in the future. 55% of tenants have lived here for over 5 years. Located near intersection of University Dr. and Sample Rd. The area is seeing a great redeveloping with Cornerstone Plaza, a mixed-use property including a full service hotel, luxury apartments, restaurants, and retail space. And coming soon across from Cornerstone Plaza will be City Village. The property consists of 3 one acre parcels with 5 one story buildings and parking. Zoned DT-MU (Downtown Mixed-Use). The CAP rate is 5.1% with the current rates. Market rental rates will bring up the CAP rate to 6.9%. Current financials available upon request.

Additional information

MLS^® ID: A11736676

Interior Features

Basement: No

Exterior Features

Lot Size: 2.98 Acres

Other Property Details

Taxes: $154,053
Tax Frequency: Annually
Waterfront: Yes

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 5:03 PM UTC, 10/14/2026.

Listed by: iMarket Realty, 954-818-3602