10675 Royal Palm Boulevard 1-7, Coral Springs FL
$2,499,000 · $297 per sq ft · Multifamily for sale
- Property type: Multi Family
- Asking price: $2,499,000
- Price per sq ft: $297
- Building size: 8,407 sq ft
- Lot size: 20,473 sq ft
- Zoning: RM-20
- Year built: 1987
- Units: 7
- Stories: 2
- Net operating income: $195,911/yr
- Cap rate: 7.8%
- Tenant pays: Cable TV
- Buildings: 1
- Parking spaces: 15
- Parcel ID: 484120014270
- MLS#: B26050938








About this property
Fantastic Find In The Heart Of Coral Springs! This 7-Unit Property Sits On Nearly Half An Acre And Offers A Prime Corner-Lot Location. The Property Consists Of One Spacious 3 Bedroom, 2.5 Bath Townhome, Four 3 Bedroom, 2-Bath Units, And Two - 2 Bedroom, 2-Bath Units. Current Rents Are Well Below Market, Creating Tremendous Upside Potential. Every Unit Includes Washer And Dryer, A Private Patio Or Balcony, And Separate Electric Meter, Helping Maximize Rental Income. Projected Annual Gross Income Is $240,000, With Total Estimated Annual Expenses Of $68,389. Estimated Expenses Include Landscaping Of $4,800, Insurance Of $12,000, Water Of $5,400, And Electric Of $1,560. All Information Is Believed To Be Accurate But Is Not Guaranteed.
Building Features and Utilities
- Cable Available
- Electricity Available
- Sewer Available
- Water Available
- CBS
Rent Roll
| Unit type | Units | Beds / baths | Size | Rent per unit | Pro forma |
|---|---|---|---|---|---|
| 3 Bedroom | — | 3 / 3 | — | $166/mo | — |
| 3 Bedroom | — | 3 / 2 | — | $183/mo | — |
Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.
Operating Statement
| Gross scheduled income | $264,300/yr |
|---|---|
| Property taxes | $44,630/yr |
| Insurance | $15,000/yr |
| Total operating expenses | $68,389/yr |
| Net operating income | $195,911/yr |
| Cap rate at asking price | 7.8% |
Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.
About the Business at 10675 Royal Palm Boulevard 1-7
- Included: Building
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Fidelity Real Estate Group LLC · Listing agent: Carlos A Montoya
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 10675 Royal Palm Boulevard 1-7 or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 10675 Royal Palm Boulevard 1-7
- How much is 10675 Royal Palm Boulevard 1-7?
- 10675 Royal Palm Boulevard 1-7 is listed at $2,499,000, about $297 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is the cap rate on 10675 Royal Palm Boulevard 1-7?
- The listing reports net operating income of $195,911 a year, a cap rate of about 7.8% at the $2,499,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.
- What is 10675 Royal Palm Boulevard 1-7 zoned?
- The listing reports zoning of RM-20. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 10675 Royal Palm Boulevard 1-7?
- The listing reports 8,407 square feet of building.
- When was 10675 Royal Palm Boulevard 1-7 built?
- 10675 Royal Palm Boulevard 1-7 was built in 1987. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
- What are the property taxes on 10675 Royal Palm Boulevard 1-7?
- The listing reports annual property taxes of $44,630 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
- How do I tour 10675 Royal Palm Boulevard 1-7?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
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