Corner Medical Office
150 NW 70th Avenue # 04, Plantation, FL 33317
For Sale
Contact for pricing
A six-room layout includes a reception area and a private restroom, with elevator access to the second floor.
Property Size14,845 SF
Price / SF$0.00
Days on Market154
Property Features for 150 NW 70th Avenue # 04
General Information
Standard status
Size
Elevators
Property subtype
Space & Availability
Floor
Condition
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Pellego, LLC
Listed By:
Yaakov Brezak · License FL #3633744
(954) 625-0157
Source:
Thekayangroup
Added: Jun 10
Changed: Nov 8
Last Checked: Nov 9 at 6:06PM
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 Pellego, LLC
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Investment Insights
Based on property information with market context.
This second-floor corner medical office suite contains approximately 970 SF, arranged with six private rooms, a reception area, and a restroom within the suite. Natural light reaches the space, and an ADA-compliant restroom is located across the hall. The property was built in 1976 and offers elevator access and wheelchair accessibility.
The suite is at 150 NW 70th Avenue in Plantation, near HCA Westside Hospital, imaging centers, laboratories, and major roadways. Parking is available on site. An adjoining suite can be connected to provide additional space.
The suite is at 150 NW 70th Avenue in Plantation, near HCA Westside Hospital, imaging centers, laboratories, and major roadways. Parking is available on site. An adjoining suite can be connected to provide additional space.
Key Highlights
- Approximately 970 SF on the second floor
- Six private rooms plus a reception area
- Private restroom in the suite; ADA‑compliant restroom across the hall
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$227,262
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,545,240
$4.5M
Cap Rate 7%
$3,246,600
$3.2M
Cap Rate 9%
$2,525,133
$2.5M
Market Conditions
NOI Build-Up for 14,845 SF
Gross rent
$400.8K $27.00/SF
− Vacancy
−$22.0K −$1.49/SF
EGI
$378.8K $25.51/SF
− OpEx
−$151.5K −$10.21/SF
NOI
$227.3K $15.31/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,545,240
Cap Rate 7%
$3,246,600
Cap Rate 9%
$2,525,133
Alternative Uses
Best Use
Office B
$6.77M
$5.92M – $7.89M
NOI $473,563 @ 7.0% cap
Second Best
Healthcare Medical
$3.25M
$2.84M – $3.79M
NOI $227,262 @ 7.0% cap
Theoretical Best
Office A
$7.53M
$6.59M – $8.79M
NOI $527,205 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33317, FL
37,590
Population
13,625
Households
2.8
Avg Household Size
41
Median Age
36%
College-Educated
90%
High-School Grad
9.6 sq mi
ZIP Area
3,916
Density / Sq Mi
$84,239
Median Household Income
$43,317
Median Earnings
$1,986
Median Rent
$449,900
Median Home Value
Market
Average Price Trend$/SF for Medical Office Space in Broward County, FL
Properties on Market for Medical Office Space in Broward County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - A six-room layout includes a reception area and a private restroom, with elevator access to the second floor.
Where is this medical office space located?
The property is located at 150 NW 70th Avenue # 04 Plantation, FL.
What are key features of this property?
This property features: Approximately 970 SF on the second floor; Six private rooms plus a reception area; Private restroom in the suite; ADA‑compliant restroom across the hall
