10120 Northwest 36th Street

Coral Springs, FL 33065

$6,500,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Jacob Apartments is an excellent boutique value-add investment opportunity featuring - 20 oversized apartment units consisting of 12 two- and 8 three-bedroom units averaging 1,181 square feet. The property is located in the heart of Coral Springs, surrounded by affluent demographics and highly rated public schools. Built in 1975, the property is 100% occupied with effective rents of $2,200 per unit - $1.86 PSF. Market
rents are $2,397 per unit - $2.03 PSF. 5 of the 20 units have been renovated with
...Jacob Apartments is an excellent boutique value-add investment opportunity featuring - 20 oversized apartment units consisting of 12 two- and 8 three-bedroom units averaging 1,181 square feet. The property is located in the heart of Coral Springs, surrounded by affluent demographics and highly rated public schools. Built in 1975, the property is 100% occupied with effective rents of $2,200 per unit - $1.86 PSF. Market
rents are $2,397 per unit - $2.03 PSF. 5 of the 20 units have been renovated with market rents of
$2,510 per unit - $2.13 PSF. A new buyer can either move all units to market rents which provide
$47,000 in loss to lease upside, and/or look to renovate the 15 non renovated units and get $74,000
in additional value add upside.
  1. Listed by Periklis Synanidis • CBRE, Inc.

Property Details for 10120 Northwest 36th Street

Area
3625
Auction
No
Num Stories
2
LISTING UPDATED: 06/04/2024 11:00 PM

Property Details for 10120 Northwest 36th Street

StatusActive
MLS #A11599836
Days on Market172
Taxes$69,851 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi Family
Year Built1975
Lot Size1.09 AC / 47,296 SF
CountyBroward County

Building Information for 10120 Northwest 36th Street

Stories-Residences-Year Built1975Building Size-Lot Size1.09 AC / 47,296 SF

Property Information for 10120 Northwest 36th Street

Location Information
Location Information
  • Parcel Number Free Text: 484116061200
  • Parcel Number MLX: 1200
  • MLS Area: 3625
  • Township Range: 48
  • Section: 16
  • Subdivision Number: 6
  • Subdivision Complex Bldg: Jacob Apartments
  • Unit Count: 2
  • Zoning Information: RM-20
General Information
Parking
  • Num Parking Spaces: 38
General Information
  • Prop Type-Type of Building: Apartments, Residential-Multi-Family
  • Building Sq Ft: 23,622
Additional Property Information
Additional Property Information
  • Guest Accommodations: No
Financial Information
Financial Information
  • Assumable: No
  • Flood Zone: X

Property History for 10120 Northwest 36th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10120 Northwest 36th Street

Taxable ValueLand$331,070Additions$2,741,800Total$3,072,870
Tax Record2023$69,851 ($5,821 / month)
Home Facts
Total Finished SqFt22,942 SqFtAbove Grade Finished SqFt22,942 SqFtStories2Lot Size47,296 SqFtStyleMulti-Family Dwelling (2-4)Year Built1975Year Renovated1976ZoningRM-20CountyBROWARDAPN48-41-16-06-1200

Schools near 10120 Northwest 36th Street

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Country Hills Elementary School
PublicPK to 5

Coral Springs Middle School
Public6 to 8

Coral Glades High School
Public9 to 12

City Of Coral Springs Charter School
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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10120 Northwest 36th Street is a multi-family home for sale in Coral Springs, FL 33065. This property was listed for sale on June 3, 2024 by CBRE, Inc., it's currently listed at $6,500,000. It has been on the market for a total of 172 days and was last sold on September 29, 2022. This listing's school district is Broward. Nearby schools include Country Hills Elementary School, Coral Springs Middle School and Coral Glades High School. 10120 Northwest 36th Street is a 0-bed, 0-bath, multi-family home built in 1975.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CBRE, Inc.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.