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Two-Story Office Buildings with Shared Parking

1455 N Park Dr Weston, FL 33326

1455 N Park Dr, Weston, FL, 33326
$10,699,000
For Sale
$10,699,000

SINGLE_FAMILY - Weston, FL

Property Size31,904 SF
Lot Size2.24 Acres
Price / SF$335.35
Days on Market47

Property Features for 1455 N Park Dr

General Information

Property type
Residential
Property subtype
Office
Parking features
Guest, Assigned
Standard status
Active
APN
504017020057
Lot size
2.24 Acres

Taxes and HOA fees

Tax Year
2021
Tax Description
PARK OF COMMERCE 110-15 B A PORTION OF LOTS 2 & 3 BLK 2 DESC'D AS: COMM SW CORNER SAID LOT 2 NE 83, NW 239.67, TO POB, NW 9.33,NW 138.26, SE
Tax Annual Amount
54929

Utilities

Heating system
Central, Electric (Heating)
Cooling system
Central Air

Building Details

Year built
1993
Floors in Building
2
Building materials
Block
Listing agency BHHS EWM Realty
Listed by Kenneth Raymond · License #0613345
Added: Jun 6 Updated: Jun 30 at 7:59PM Checked: Jul 22 at 12:06PM
MLS# A11156410

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This offering includes two separate two-story office buildings with shared parking. The buildings include private offices, bullpens, semi-private offices, conference rooms, bathrooms, and kitchen facilities. Each building is set up to support day-to-day office use with a mix of private and collaborative work areas. Floor plans can be provided upon request, and buyer to confirm all square footage at the buyer’s expense.

The property is located in Weston, Florida and sits on a lake. It is described as being close to shopping, restaurants, and highways, with access noted near Weston Rd.

The current tenant has leased the property for many years and the lease is structured as NNN. The current lease expires March 24, 2024. The configuration across both buildings, combined with the shared parking, may appeal to office users or investors looking for a multi-building setup with established office improvements already in place.

Key Highlights

  • Two separate 2‑story office buildings on one lot: North Building approx 10,817 SF and South Building approx 21,087 SF (buyer to confirm).
  • Lot size approx 97,531 SF with shared parking for both buildings.
  • Office layout includes private offices, bullpens, semi‑private offices, conference rooms, bathrooms, and kitchen facilities in both buildings.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $1.45M $45.60
− Vacancy −$327.3k −$10.26
EGI $1.13M $35.34
− OpEx −$281.9k −$8.84
NOI $845.6k $26.51
31,904 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$12.08M
$10.57M – $14.09M (±1% cap)
NOI $845,616 @ 7.0% cap · market cap 7.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$16.19M
$14.16M – $18.88M (±1% cap)
NOI $1,133,037 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Locksmith (Bike/Boat/Book/etc) Store Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Veterinary Clinic Tattoo & Piercing Shop Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Two separate two-story office buildings offering private offices, conference rooms, and shared parking under an NNN lease.
Where is this office building located?
The property is located at 1455 N Park Dr Weston, FL.
What is the asking price?
The asking price for this property is $10,699,000.
What are key features of this property?
This property features: Two separate 2‑story office buildings on one lot: North Building approx 10,817 SF and South Building approx 21,087 SF (buyer to confirm).; Lot size approx 97,531 SF with shared parking for both buildings.; Office layout includes private offices, bullpens, semi‑private offices, conference rooms, bathrooms, and kitchen facilities in both buildings.
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More about this property
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