Professional Office Suite with
4851 W Hillsboro Boulevard Coconut Creek, FL 33073
4851 W Hillsboro Boulevard, Coconut Creek, FL, 33073
$600,000
For Sale
Under Contract
$600,000
SINGLE_FAMILY - Coconut Creek, FL
Property Size1,358 SF
Price / SF$441.83
Days on Market219
Property Features for 4851 W Hillsboro Boulevard
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- O-2
- Parking
- 2
- Parking features
- Assigned
- Standard status
- Active Under Contract
- APN
- 484206ab0050
- Size
- 1,358 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- HILLSBORO EXECUTIVE PARK COMM CONDO UNIT 5A BLDG A PER AMCDO BK/PG: 43586/1221
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2007
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Tile
- Building materials
- Block
Listing agency
Compass Florida, LLC
(954) 477-7332
Listed by
William L Sohl · License #616482
(954) 655-5097
Added: Dec 16, 2025 Updated: Jul 13 at 2:38PM Checked: Jul 23 at 7:06AM
MLS# F10541789
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 professional office suite is located within the Hillsboro Executive Plaza and is currently configured with three large offices, an open area, a bathroom, and storage space. The space also includes a 315 sq. ft second-story mezzanine that is currently used for storage but could be converted to additional office space. Improvements include impact windows, new A/C, and epoxy flooring, and there is a backdoor access area with extra high ceilings.
The suite is positioned in the Gateway area to Parkland and offers exposure on Hillsboro Blvd. Back access includes parking for easier loading, and the back area currently stores extra-long piping.
The property’s O-2 zoning and existing layout make it well-suited for an office user seeking a mix of private rooms, collaborative space, and flexible mezzanine storage space that can be repurposed as needs change.
The suite is positioned in the Gateway area to Parkland and offers exposure on Hillsboro Blvd. Back access includes parking for easier loading, and the back area currently stores extra-long piping.
The property’s O-2 zoning and existing layout make it well-suited for an office user seeking a mix of private rooms, collaborative space, and flexible mezzanine storage space that can be repurposed as needs change.
Key Highlights
- 2007‑built professional office suite with block construction and tile flooring
- Configured with three large offices plus open area, bathroom, and storage, with a 315 sq. ft 2nd story mezzanine
- Mezzanine is currently used for storage and could be transformed to additional office space
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 | $61.9k | $45.60 |
| − Vacancy | −$13.9k | −$10.26 |
| EGI | $48.0k | $35.34 |
| − OpEx | −$12.0k | −$8.84 |
| NOI | $36.0k | $26.51 |
1,358 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$514.2K
$449.9K – $599.9K
NOI $35,994 @ 7.0% cap · market cap 6.00%
Second Best
Healthcare Medical
$255.6K
$223.7K – $298.2K
NOI $17,893 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$689.0K
$602.9K – $803.8K
NOI $48,228 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Office suite with three offices, open area, restroom, storage, and a 315 sq. ft mezzanine plus back access and ample parking.
Where is this office units located?
The property is located at 4851 W Hillsboro Boulevard Coconut Creek, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 2007‑built professional office suite with block construction and tile flooring; Configured with three large offices plus open area, bathroom, and storage, with a 315 sq. ft 2nd story mezzanine; Mezzanine is currently used for storage and could be transformed to additional office space
