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461 Sunshine Drive, Coconut Creek FL 33066

Commercial Recently Sold
$855,000

BTC: 13.27639752

ETH: 449.37560442

Sold on: 2021-07-29
3 days
Waterfront
0 room(s)

Overview

Beautiful sunset views looking down the canal from this two story, six unit apartment building. Property is located in quiet residential neighborhood with two nearby parks and golf range. Broward College North Campus is conveniently in the area. Four 2/2’s and two 1/1’s each with central A/C, dishwasher, & walk-in closet. Good upside due to below market rents to bring 5% cap rate. Figures shown are projected income with 2020 actual expenses, please call for further details. Owner of past 28 years is retiring! Please drive by only and do not disturb tenants.

Location

Details

Type:
Commercial Sale
Parking:
Common
Year Built:
1975
Lot:
11234 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,750,000
$916K – $4.8M
Confidence Low
List vs. estimate
$755K below estimate
List $995,000 · -43.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,097
2020
Waterfront
Yes
Parking
7 spaces
All facts and features
  • Flooring

    • Other

    • Tile

    Cooling

    • Central Individual A/C

  • Parking

    • Common

    Lot

    • Lot: 11234 Square Feet

    Other Property Information

    • Parcel Number: 484232101340

    • Zoning: RM-10

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Other financial information

    • Annual tax amount: $12,097

  • Source details

    • MLS ID: F10287379

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: City Location / 1/4 To Less Than 1/2 Acre Lot

    • Waterfront: Yes

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: The Keyes Company