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Coral Springs Medical Office Building
For Sale
$6,700,000

1505 N University Dr, Coral Springs, FL 33071

Freestanding medical office building in Coral Springs for sale.

Property Size22,925 SF
Lot Size1.00 Acre
Price / SF$292.26
Days on Market209

Property Features for 1505 N University Dr

General Information

Standard status Active
Size 22,925 SF
Lot size 1.00 Acre

Building Details

Year Built 1988
Listing Agency: Box Real Estate LLC
Listed By: Jason Chamely · License #3180591
Source: Thepennteam
Added: Mar 26 Changed: Oct 5 Last Checked: Oct 19 at 8:19AM

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 Box Real Estate LLC

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Investment Insights

Based on property information with market context.

This freestanding medical office building is located on University Drive in Coral Springs. The building has a total area of 22,925 square feet and is situated on just over 1 acre of land. The second floor was previously configured as a full surgical suite with overnight recovery facilities. The property includes a parking lot in both the front and back, with covered parking available. A Kohler 60kW Generator System powers the entire second floor and the building's emergency systems. The building is a 4-story structure. The ground floor comprises 5,214 square feet of medical office space. The second floor features a 7,300 square foot medical surgical suite, available for an owner-user. The third floor contains two suites, each approximately 2,000 square feet. The fourth floor includes three suites: 400-401 (approximately 3,000 square feet) and 402 (approximately 1,000 square feet). Four suites (300, 400-401, 402) are currently leased, offsetting carrying costs. The property is located 1.5 miles from Broward Health Coral Springs Hospital, 2.8 miles from HCA Woodmont Tamarac Hospital, and 4.5 miles from North West Medical Center Margate.

Key Highlights

  • Freestanding medical office building on University Drive in Coral Springs.
  • Substantial 22,925 sqft building on over 1 acre.
  • Second floor previously a full surgical suite with overnight recovery capabilities.

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Daycare Center Parking Lot & Garage Kitchen & Bath Showroom Law Firm Storage Facility Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

1,815
Businesses Nearby
Balanced
Demand for This Use

Demographics for 33071, FL

40,026
Population
14,184
Households
2.8
Avg Household Size
40
Median Age
43%
College-Educated
95%
High-School Grad
7.5 sq mi
ZIP Area
5,337
Density / Sq Mi
$100,279
Median Household Income
$50,090
Median Earnings
$2,092
Median Rent
$537,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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

Similar Off Market Nearby

  • Tams Todd DVM — 10452 W Atlantic Blvd, Coral Springs, FL 33071, United States
  • Animal Eye Guys (Coral Springs) — 10452 W Atlantic Blvd, Coral Springs, FL 33071
  • Coral Springs Veterinary — 1309 N University Dr, Coral Springs, FL 33071
  • Lloyd S. Meisels, D.V.M. — 1730 N University Dr, Coral Springs, FL 33071
  • Sullivan Jr Henry DVM — 2160 N University Dr, Coral Springs, FL 33071

Frequently Asked Questions

What type of property is this?
Medical Office Space - Freestanding medical office building in Coral Springs for sale.
Where is this medical office space located?
The property is located at 1505 N University Dr Coral Springs, FL.
What is the asking price?
The asking price for this property is $6,700,000.
What are key features of this property?
This property features: Freestanding medical office building on University Drive in Coral Springs.; Substantial 22,925 sqft building on over 1 acre.; Second floor previously a full surgical suite with overnight recovery capabilities.
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