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3775 NW 116th Terrace 1-4, Coral Springs, FL 33065
Active
105 Days on Market
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All Listings

$1,239,000

3775 NW 116th Terrace 1-4

Coral Springs, FL 33065

CASTLEWOOD

Explore the area: Coral Springs homes for sale · Broward County real estate

How this price compares

List price
$1,239,000
Price per sq ft
$324
Vs. nearby sales
9.5% above
Days on market
105

This multi-family property in Castlewood is listed at $1,239,000, or $324 per square foot. The asking price has come down 0.8% from its original $1,249,000. It has been on the market for 105 days. The 3 most recent multi-family property sales in the closings shown below sold at a median of $296 per square foot, so the asking price is 9.5% above what comparable homes here actually sold for.

0
Bedrooms
0
Bathrooms
3,819
Living Sq Ft
1975
Year Built

Estimated monthly payment

$6,511 /mo

Principal and interest only, based on $247,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$1,239,000
Days on Site
105 Days
Bedrooms
0
Total Baths
0
Living Area
3,819 sqft
Total Sq Ft
3,819 sqft
Lot Size
0.23 Acres
Year Built
1975
Property Type
Multi-Family
MLS #
B26039314
Property Tax
$23,368 (2025)
Subdivision
CASTLEWOOD
Development
CASTLEWOOD
County
Broward
Status
Active
Special Conditions
Standard

About This Property

Fantastic Find!!! Money-Making 4-Plex In The Heart Of West Coral Springs. Grossing $10,250 Per Month With Room To Grow. Four Large 3-Bedroom Units, Strong Rents, Updated Interiors, In-Unit Washers And Dryers, Plenty Of Parking, And A Prime Location Next To A City Park With Beautiful Views. Recent Updates Include Newer Kitchens, Renovated Bathrooms, Laminate Flooring, And Select Units With Granite Counters And Stainless-Steel Appliances. Strong Income-Producing Multifamily Property In One Of Coral Springs' Most Desirable Rental Areas. Annual Expenses Include Taxes: $23368, Water: $4560, Estimated Insurance: $7500, Estimated Lawn: $900. Trash Is Included In Taxes. Total Estimated Expenses Are $36328, Offering Almost A 7 Cap.

MLS media link

General Features

Property Type
Multi-Family
Status
Active
Year Built
1975
Property Condition
Resale
Number of Stories
1
Levels
One
Lot Size (Acres)
0.23
Living Sq Ft
3,819
Total Sq Ft
3,819
Structure Type
Quadruplex
Sewer
Public Sewer
Water Source
Public
Zoning
RM-15

Interior Features

Cooling
Central Air
Heating
Central / Individual
Flooring
Ceramic Tile

Exterior Features

Construction
Block
Roof
Spanish Tile
Exterior Features
Garden
Lot Features
Corner Lot / Less Than Quarter Acre
View
City / Garden / Preserve / Tennis Court

Community & HOA

Utilities
Cable Available / Electricity Available / Phone Available / Sewer Available / Water Available
Pets Allowed
No
Financing Terms
Cash / Conventional / Other
Restrictions
No Restrictions / Ok To Lease
MLS Area
3625

Schools

Elementary School
Coral Springs
Middle School
Coral Springs
High School
Coral Glades

Castlewood is a waterfront community in Coral Springs, Broward County, Florida. Active listings are priced from $379,999 to $695,000. Homes were built between 1974 and 1981. Pure Equity lists homes in Castlewood and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
2
Under Contract
0
Median List Price
$1,157,000
Median $/Sq Ft
$309
Avg Days on Market
88
View all 2 homes for sale in Castlewood →
How do I schedule a tour of 3775 NW 116th Terrace 1-4, Coral Springs, FL 33065?
Use the Tour button on this listing to request a showing of 3775 NW 116th Terrace 1-4, Coral Springs, FL 33065. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 3775 NW 116th Terrace 1-4, Coral Springs, FL 33065 still available?
3775 NW 116th Terrace 1-4, Coral Springs, FL 33065 is currently listed as Active, and has been on the market 105 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 3775 NW 116th Terrace 1-4, Coral Springs, FL 33065?
With 20% down ($247,800) on the $1,239,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3775 NW 116th Terrace 1-4, Coral Springs, FL 33065 is about $6,511/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 3775 NW 116th Terrace 1-4, Coral Springs, FL 33065?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 3775 NW 116th Terrace 1-4, Coral Springs, FL 33065. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 3775 NW 116th Terrace 1-4, Coral Springs, FL 33065?
3775 NW 116th Terrace 1-4, Coral Springs, FL 33065 is zoned for Coral Springs (elementary), Coral Springs (middle), Coral Glades (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 3775 NW 116th Terrace 1-4, Coral Springs, FL 33065?
Often, yes. The right offer on 3775 NW 116th Terrace 1-4, Coral Springs, FL 33065 depends on how it's priced against comparable multi-family sales in Coral Springs, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Fidelity Real Estate Group LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$1,239,000

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Listed by Carlos A Montoya, Fidelity Real Estate Group LLC

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