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2801-2851 Riverside Dr
Coral Springs, FL 33065 Outer Coral Springs

$9,400,000 USD

Apartments For Sale  •  102,492 SF

Property Details

  • Property Type Apartments
  • Total Building Size 49,896 SF
  • Lot Size 2.41 AC
  • Building Class B
  • Year Built 2006
  • Cap Rate 6.08 %
  • Zoning RM-30
30 Transit Score
60 Walk Score

Highlights

40 Condominiums out of 64 in the Community, Very Rare Mix of 100 Percent Three-Bedroom & Two-Bathroom Units
Offered for Sale by Original Developer, Developed and Owned for 20 years
Highly Sought-After Coral Springs Market, Less than 20 Rental Buildings Between 20 and 100 Apartments in the City
Situated in a Quiet, Middle-Class Residential Neighborhood
Very Minimal Rental Ownership Turnover within the Submarket
2006 Construction with Two Four-Story Buildings, Close Proximity to Employment, Shopping, and Schools

Property Flyers

Financial Summary (Actual)

Net Operating Income: $571,470 USD (2026)
Cap Rate: 6.08 %
Total Expenses: $521,810 USD

Major Tenants

Tenant SF Occupied Lease End Date
G & F Global Solution, Llc

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Cable Ready
  • Courtyard
  • Pool
  • Washer/Dryer
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Range
  • Tub/Shower
  • Sundeck

Public Transportation

Commuter RailDriveWalkDistance
Pompano Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 14 min - 7.1 mi
Cypress Creek (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 19 min - 9.9 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 36 min - 21.0 mi
Palm Beach International 52 min - 37.8 mi
Miami International 58 min - 43.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 123
Type: Surface
Included in Rent: Yes
Evan Kristol 954-245-3459 Marcus & Millichap
Evan Kristol 954-245-3459 Marcus & Millichap