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Two-Story Light Industrial Office/Warehouse

3650 Coral Ridge Drive Coral Springs, FL 33065

3650 Coral Ridge Drive, Coral Springs, FL, 33065
$1,595,000
For Sale
Claim this Listing
$1,595,000

COMMERCIAL - Coral Springs, FL

Property Size5,004 SF
Lot Size0.12 Acres
Price / SF$318.75
AddedApr 23
Days on Market84
Last RefreshJul 15 at 7:06 am

Property Features for 3650 Coral Ridge Drive

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
IRD
Parking
11
Parking features
Assigned, Guest
Security features
Security
Standard status
Active
APN
484118bc0040
Size
5,004 SF
Lot size
0.12 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
PARK RIDGE BUSINESS CENTER COMM CONDO UNIT 104 PER CDO BK/PG: 42755/780
Tax Annual Amount
16272

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1986
Floors in Building
2
Flooring type
Concrete
Building materials
Block, CBS
Roof type
Concrete

Listing agent Carlos A Montoya License #0623048

Listing office Fidelity Real Estate Group LLC 10100 W Sample Road Ste.401, CORAL SPRINGS, FL

Listing date Apr 23, 2026

MLS# B26019769

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 two-story light industrial office/warehouse offers fully air-conditioned workspace with 18-foot ceilings. The building includes a grade-level 10x10 roll-up door and interior support space with 8 private offices and two bathrooms, along with 11 assigned parking spaces.

The property is located directly on Coral Ridge Drive in Coral Springs, with access to the Sawgrass Expressway and Turnpike within minutes. The zoning is listed as IRD.

The owner also notes additional adjacent units that can be sold separately or together for a combined total of 13,491 square feet, including Unit 102 at 4,140 +/- square feet and Unit 103 at 4,335 +/- square feet.

Key Highlights

  • Modern two‑story light industrial office/warehouse built in 1986 on Coral Ridge Drive in Coral Springs
  • Over 5,000+/- SF of fully air‑conditioned workspace with 18‑foot ceilings
  • Grade‑level 10x10 roll‑up door plus central heating and central air; concrete roof and concrete flooring

Local Financial Insights For Warehouse

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 $102.1k $20.40
− Vacancy −$4.4k −$0.88
EGI $97.7k $19.52
− OpEx −$14.7k −$2.93
NOI $83.0k $16.59
5,004 SF · lease $20.40/SF/yr · vacancy 4.30% · expense 15.00%

Alternative Uses

Best Use
Office B
$6.72M
$5.88M – $7.84M (±1% cap)
NOI $470,659 @ 7.0% cap · market cap 29.51%
Second Best
Warehouse
$1.19M
$1.04M – $1.38M (±1% cap)
NOI $83,038 @ 7.0% cap · market cap 5.21%
Theoretical Best
Specialty Retail
$8.53M
$7.47M – $9.96M (±1% cap)
NOI $597,329 @ 7.0% cap · market cap 37.45%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Dental Office Parking Lot & Garage Cafe & Coffee Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Daycare Center Butcher (Bike/Boat/Book/etc) Store Restaurant (Bike/Boat/Book/etc) Store

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

Similar Off Market Nearby

  • YupiPops — 12201 NW 35th St, Coral Springs, FL 33065
  • Royal Haitian Cuisine Catering — 4709 NW 114th Dr, Coral Springs, FL 33076
  • JULIANS ON WHEELS — 11570 Wiles Rd, Coral Springs, FL 33076
  • Door To Door Catering Inc — 7041 W Commercial Blvd, #6d, Tamarac, FL 33319

FAQs

What type of property is this?
Flex space - Two-story, fully air-conditioned office/warehouse with 18-foot ceilings and a grade-level 10x10 roll-up door.
Where is this flex space located?
The property is located at 3650 Coral Ridge Drive Coral Springs, FL.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Modern two‑story light industrial office/warehouse built in 1986 on Coral Ridge Drive in Coral Springs; Over 5,000+/- SF of fully air‑conditioned workspace with 18‑foot ceilings; Grade‑level 10x10 roll‑up door plus central heating and central air; concrete roof and concrete flooring
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