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3775 NW 116th Terrace #1-4, Pompano Beach, FL, 33065

12beds
7baths
3,819sqft
$1,239,000
$324price/sqft
$10,215/moest. monthly cost
$408,600/yrincome needed

About This Home

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.

Getting Around

50
WalkingSomewhat Walkable
31
TransitSome Transit
51
BikeBikeable

Schools

6/10
7/10
5/10
Coral Glades High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1975

Materials

  • Roof: Spanish Tile
  • Construction materials: Block

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Multi Family,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 7

Features

  • Flooring: Ceramic Tile

Heating & Cooling

  • Heating features: Central,Individual
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,819
  • Total interior livable area: 3,819 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 484117060640
  • Zoning: RM-15
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Garden
  • Has view: Yes
  • View description: City,Garden,Preserve,Tennis Court

Lot

  • Lot size: 10,000 sqft
  • Features: Corner Lot,< 1/4 Acre

Parking

  • Total spaces: 8

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Heat Wave
Wildfire
Tsunami

FEMA Declared Disasters in Broward County and Florida

Flood
Hurricane
Severe Storm
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,265$75,180
Home Insurance *$1,084$13,008
Property Taxes $2,482$29,784
Electricity $384$4,612
Total$10,215$122,580
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$350,228/yr
40% on housing$306,450/yr
45% on housing$272,400/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.5%
4.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$324This listing

vs Other Active Listings

Avg $/sqft

ZIP 33065$196
Broward County$319

vs Homes Sold Last Month

Median $/sqft

ZIP 33065$301
Broward County$352

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-20Price change$1,239,000
2026-06-10Listed for sale$1,249,000
2023-11-22Listing removed--
2023-11-14Listed for rent$2,350
2023-07-03Sold$1,075,000
2022-01-27Sold$790,000
2017-08-30Sold$550,000
2003-10-02Sold$395,000
2002-07-26Sold$326,000
2001-04-27Sold$200,000
1999-08-03Sold$300,000
1999-04-07Sold$200,000
1996-05-20Sold$160,000

For Sale by Agent

AgentCarlos A Montoya
BrokerageFidelity Real Estate Group LLC

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