| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 73rd | Best |
| Demographics | 64th | Good |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4080 Cocoplum Cir, Coconut Creek, FL, 33063, US |
| Region / Metro | Coconut Creek |
| Year of Construction | 1986 |
| Units | 62 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4080 Cocoplum Cir, Coconut Creek Multifamily Investment
Positioned in an inner-suburb location with steady renter demand and neighborhood occupancy above the metro median, this asset benefits from amenity depth and commuting access, according to WDSuite’s CRE market data.
The property sits in an Inner Suburb of the Fort Lauderdale–Pompano Beach–Sunrise metro where neighborhood fundamentals are competitive. The area carries an A neighborhood rating and ranks 18 out of 345 metro neighborhoods, placing it among the top quartile locally. Amenity access is a strength: parks and pharmacies test in high national percentiles, with restaurants and cafés also dense for a suburban setting. These dynamics support day‑to‑day livability and reinforce leasing appeal for a range of renter profiles.
Multifamily performance in the surrounding neighborhood shows resilient occupancy and healthy rent positioning. Neighborhood occupancy is above the metro median with positive five‑year momentum, while contract rents benchmark in a high national percentile. The share of renter‑occupied housing units is in the upper third locally, indicating a meaningful tenant base to support leasing stability without being saturated. Based on commercial real estate analysis from WDSuite, these factors point to steady demand drivers rather than transient spikes.
Within a 3‑mile radius, households have increased over the past five years and are projected to expand further through 2028 even as average household size trends lower. That mix—slightly softer population alongside growth in households—typically widens the pool of individual renters and can support occupancy stability. Median and mean household incomes have risen, broadening the qualified renter pool and helping sustain rent levels over the medium term.
Ownership costs are relatively elevated in context, with the neighborhood’s value‑to‑income profile in a high national percentile, which tends to reinforce renter reliance on multifamily housing. At the same time, a higher rent‑to‑income ratio signals affordability pressure for some cohorts, suggesting investors should emphasize careful lease management and renewal strategies to preserve retention while maintaining pricing power.
Safety indicators are competitive for the metro and around the national midpoint. The neighborhood’s crime rank is 91 out of 345 metro neighborhoods, indicating performance above the metro median. Nationally, overall crime levels align slightly better than average. Recent trends show notable improvement in property offenses over the past year, while violent‑offense measures sit near the national middle and should be monitored for directional shifts rather than interpreted as block‑level conditions.
Nearby healthcare and corporate office employers provide a diversified employment base that supports renter demand and commute convenience, including Tenet Healthcare, Office Depot, AutoNation, Johnson & Johnson, and Ryder System.
- Tenet Healthcare Corporation, Florida Region — healthcare services (6.1 miles)
- Office Depot — corporate offices (10.0 miles) — HQ
- AutoNation — corporate offices (10.83 miles) — HQ
- Johnson & Johnson — corporate offices (26.27 miles)
- Ryder System — corporate offices (30.40 miles) — HQ
This Coconut Creek asset benefits from a top‑tier neighborhood position within the Fort Lauderdale–Pompano Beach–Sunrise metro, combining amenity depth with renter demand indicators that support stable occupancy. Neighborhood rents sit high versus national benchmarks, and occupancy trends have strengthened over the past five years, pointing to durable leasing conditions. Within a 3‑mile radius, households are growing and projected to expand further even as household sizes ease, which typically enlarges the tenant base and supports renewal velocity.
According to CRE market data from WDSuite, ownership remains relatively costly in the neighborhood context, reinforcing rental housing reliance. That said, elevated rent‑to‑income levels call for proactive lease management and income‑sensitive renewal strategies. Overall, the combination of metro‑competitive location, diversified employment access, and household growth underpins a balanced, medium‑term thesis focused on occupancy stability and disciplined revenue management.
- Metro‑competitive neighborhood ranking with strong amenity access supporting leasing appeal
- Occupancy above the metro median with five‑year improvement, indicating demand resilience
- 3‑mile households growing and projected to expand, enlarging the tenant base despite smaller household sizes
- Ownership costs comparatively high, supporting renter reliance and pricing power over time
- Risk: higher rent‑to‑income levels may pressure retention; prioritize renewal strategy and targeted concessions when needed