Freestanding Office Building with
1565 N Park Drive Weston, FL 33326
1565 N Park Drive, Weston, FL, 33326
$1,750,000
For Sale
$1,750,000
COMMERCIAL - Weston, FL
Property Size5,486 SF
Lot Size0.47 Acres
Price / SF$318.99
Days on Market452
Property Features for 1565 N Park Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- O-1
- Standard status
- Active
- APN
- 504017020035
- Size
- 5,486 SF
- Lot size
- 0.47 Acres
Taxes and HOA fees
- Tax Description
- PARK OF COMMERCE 110-15 B POR OF LOTS 1 AND 2 DESC AS:COMM SE COR SAID LOT 2;NW 499.85 TO POB NE 23.01,SE 143.89,SW 143.74 NW 143.89,NE 120.
Building Details
- Year built
- 2000
- Floors in Building
- 1
- Number of units
- 5
Listing Agency
Box Real Estate LLC
(954) 526-3900
1500 N University Dr. Suite 243, Coral Springs, FL
Listed by
Jason Chamely · License #3180591
(954) 857-1884
Added: Apr 25, 2025 Checked: Jul 20 at 8:06 am
MLS# F10500162
Copyright © 2026 BeachesMLS. 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 freestanding office building is located within the Intercontinental Professional Center and totals 5,486 square feet. The building at 1565 is divided into five individual suites that share a common entry and bathrooms. Suite sizes range from 700 to 1,225 square feet, and the building is currently 100% occupied with a mix of office and light medical tenants. The property is zoned O-1.
The professional center includes a courtyard area with fountains, lush landscaping, and ample parking. The building is listed as approximately 1.3 miles from I-75 and about 1.5 miles from the Cleveland Clinic campus, with restaurants and shops nearby.
As one of six buildings in the campus, this location offers a multi-suite setup designed for straightforward occupancy within a shared campus setting.
The professional center includes a courtyard area with fountains, lush landscaping, and ample parking. The building is listed as approximately 1.3 miles from I-75 and about 1.5 miles from the Cleveland Clinic campus, with restaurants and shops nearby.
As one of six buildings in the campus, this location offers a multi-suite setup designed for straightforward occupancy within a shared campus setting.
Key Highlights
- 100% Occupancy: Provides immediate rental income
- Investment Opportunity: One of only 6 buildings in the Intercontinental Professional Center campus
- Desirable Suite Sizes: Suites ranging from 700 to 1,225 sqft are easy to lease
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 | $250.2k | $45.60 |
| − Vacancy | −$56.3k | −$10.26 |
| EGI | $193.9k | $35.34 |
| − OpEx | −$48.5k | −$8.84 |
| NOI | $145.4k | $26.51 |
5,486 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.08M
$1.82M – $2.42M
NOI $145,406 @ 7.0% cap · market cap 8.31%
Second Best
Healthcare Medical
$1.03M
$903.6K – $1.20M
NOI $72,284 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$2.78M
$2.44M – $3.25M
NOI $194,830 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Freestanding office building divided into five individual suites with a shared entry and bathrooms, currently fully occupied.
Where is this office units located?
The property is located at 1565 N Park Drive Weston, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 100% Occupancy: Provides immediate rental income; Investment Opportunity: One of only 6 buildings in the Intercontinental Professional Center campus; Desirable Suite Sizes: Suites ranging from 700 to 1,225 sqft are easy to lease
