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Office Suite with Private Entrance

1380 N UNIVERSITY Drive Unit 102, Plantation, FL 33324

For Sale
Contact for pricing

Vacant and ready for immediate occupancy, the suite combines an open work area with two private offices.

Property Size1,400 SF
Price / SF$0.02
Days on Market11

Property Features for 1380 N UNIVERSITY Drive Unit 102

General Information

Standard status Active
Size 1,400 SF
Class Class A
Property subtype Office

Additional Details

Condition Move-in Ready
Highway Access Yes
Property Use Office

Amenities

Acres: 0.22, Square Feet: 9644, Features: Less Than 1/4 Acre Lot, Less Than 1 Acre
Roof: Metal, Other Roof/Roof Structure, Metal Roof, Other
Sewer: Public Sewer, Public Sanitation, Sewer
Parcel Number: 494133130046, Tax Annual Amount: $71,572, Tax Legal Description: VILLAS OF PLANTATION 100-6 B POR PAR C DESC AS COMM SW COR PAR C NLY 698.25,E 105.74 TO POB N 37.93,E 2.11,N 33.25,E 27.75, S 6.70,E 49.80,S, Tax Year: 2025
Cooling: Central Air
Heating: Central
Business Type: Office/Warehouse Combination, Office Space, Special Listing Conditions: Lease, Standard Status: Active
Parking Total: 6, Features: Common, Guest
Construction Materials: Concrete Block Construction, Stories: 2, Year Built: 1981, Building Area Total: 15675, Building Features: Landscaped, Structure Type: Office/Retail, Office, Professional
County Or Parish: Broward County, Unit Number: 102
Leasable Area Units: Square Feet, Leasable Area: 1400
Units In Community: 1
Electric On Property YN: t, Electric: 110 Volts Power, Utilities: Other Utilities Available, Other
Possession: Rental Agreement
Water Source: Public
Features: Smoke Alarm, Fire Alarm, Key Card Entry, Doorman, Card Entry, Lobby Attended, Key/Card Entry Parking
Amenities: Gated

Building Details

Year Built 1981
Listing Agency: Good People Realty
Listed By: Carlos S Martin · License #3023726
Source: Riserealty
Added: Oct 28 Changed: Nov 6 Last Checked: Nov 6 at 2:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Good People Realty

Rey
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Investment Insights

Based on property information with market context.

This 1,400-square-foot office suite is in a Class A building and includes an open work area, two private offices, and a separate exterior entrance. Wood-look flooring, neutral finishes, and natural light complete the interior. The suite is vacant and available for immediate occupancy; the building dates to 1981.

The office is within a landscaped office park with parking for employees and visitors. It is on University Drive near Sunrise Boulevard, about 10 minutes from the Turnpike, with shopping, dining, and other businesses in the surrounding area.

Key Highlights

  • 1,400‑square‑foot suite with an open work area and two private offices
  • Dedicated exterior entrance
  • Located in a Class A office building constructed in 1981

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,107
Suggested Prices Based on Cap Rates
Cap Rate 5%
$742,140 $742.1K
Cap Rate 7%
$530,100 $530.1K
Cap Rate 9%
$412,300 $412.3K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$63.8K $45.60/SF
− Vacancy
−$14.4K −$10.26/SF
EGI
$49.5K $35.34/SF
− OpEx
−$12.4K −$8.84/SF
NOI
$37.1K $26.51/SF
Area
Broward County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$742,140
Cap Rate 7%
$530,100
Cap Rate 9%
$412,300

Alternative Uses

Best Use
Office B
$530.1K
$463.8K – $618.5K (±1% cap)
NOI $37,107 @ 7.0% cap · market cap 142,719.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$710.3K
$621.5K – $828.7K (±1% cap)
NOI $49,720 @ 7.0% cap · market cap 191,230.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Restaurant Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

510
Businesses Nearby

Demographics for 33324, FL

46,766
Population
22,375
Households
2.1
Avg Household Size
41
Median Age
45%
College-Educated
94%
High-School Grad
9.0 sq mi
ZIP Area
5,196
Density / Sq Mi
$83,678
Median Household Income
$45,560
Median Earnings
$2,152
Median Rent
$350,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office Units in Broward County, FL

$301 Jul
$312 Aug
$245 Sep
$247 Oct

Properties on Market for Office Units in Broward County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Vacant and ready for immediate occupancy, the suite combines an open work area with two private offices.
Where is this office unit located?
The property is located at 1380 N UNIVERSITY Drive Unit 102 Plantation, FL.
What are key features of this property?
This property features: 1,400‑square‑foot suite with an open work area and two private offices; Dedicated exterior entrance; Located in a Class A office building constructed in 1981
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