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Two-Level Office Unit

15481 Sw 12th St 309, Sunrise, FL 33326

For Sale
New
$2,199,999

A corner suite combines conventional offices, a loft, client reception, meeting space, and a warehouse bay.

Property Size3,790 SF
Price / SF$580.47
Days on Market2

Property Features for 15481 Sw 12th St 309

General Information

Standard status Active
Size 3,790 SF
Zoning I-1

Additional Details

Highway Access Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $16,246

Amenities

Impact Glass
true
Public
3494
false
3790

Building Details

Building Size 3,790 SF
Year Built 2008
Listing Agency:
Listed By: Dave Morgan
Source: Onemarketrealestate
Added: Nov 6 Last Checked: Nov 6 at 2:40PM

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 Dave Morgan

Rey
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Investment Insights

Based on property information with market context.

This 3,790-square-foot office unit at Sunwest Commerce Center is arranged across two levels. The main floor includes a reception area, four offices, seven additional office spaces, a meeting room, two bathrooms, and a breakroom with a wet bar. A connected loft adds two more offices. Glass storefront entry and a roll-up garage door provide distinct client and loading access, while the meeting room also connects to the garage bay. The building was constructed in 2008 and has impact glass.

The property is near I-75, with dedicated parking around the building. Its zoning is I-1.

Key Highlights

  • 3,790‑square‑foot office unit with connected second‑level loft
  • Main floor includes four offices and seven additional office spaces
  • Two offices in the loft, plus a meeting room and two bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$100,454
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,009,080 $2.0M
Cap Rate 7%
$1,435,057 $1.4M
Cap Rate 9%
$1,116,156 $1.1M
Market Conditions
NOI Build-Up for 3,790 SF
Gross rent
$172.8K $45.60/SF
− Vacancy
−$38.9K −$10.26/SF
EGI
$133.9K $35.34/SF
− OpEx
−$33.5K −$8.84/SF
NOI
$100.5K $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%
$2,009,080
Cap Rate 7%
$1,435,057
Cap Rate 9%
$1,116,156

Alternative Uses

Best Use
Office B
$1.44M
$1.26M – $1.67M (±1% cap)
NOI $100,454 @ 7.0% cap · market cap 4.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M (±1% cap)
NOI $134,598 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Auto Repair Shop (Bike/Boat/Book/etc) Store Auto Parts Store Carpet & Flooring 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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

282
Businesses Nearby

Demographics for 33326, FL

33,978
Population
12,679
Households
2.7
Avg Household Size
41
Median Age
58%
College-Educated
97%
High-School Grad
7.2 sq mi
ZIP Area
4,719
Density / Sq Mi
$113,935
Median Household Income
$53,634
Median Earnings
$2,381
Median Rent
$529,500
Median Home Value

Market

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

$169 Jul
$173 Aug
$200 Sep
$200 Oct

Properties on Market for Office Units in Sunrise

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 - A corner suite combines conventional offices, a loft, client reception, meeting space, and a warehouse bay.
Where is this office unit located?
The property is located at 15481 Sw 12th St 309 Sunrise, FL.
What is the asking price?
The asking price for this property is $2,199,999.
What are key features of this property?
This property features: 3,790‑square‑foot office unit with connected second‑level loft; Main floor includes four offices and seven additional office spaces; Two offices in the loft, plus a meeting room and two bathrooms
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