Three-Suite Medical Office
1677 E OAKLAND PARK Boulevard, Oakland Park, FL 33334
For Sale
$5,900,000
Three floors, elevator service, and ADA access support outpatient healthcare operations.
Property Size6,553 SF
Price / SF$900.35
Days on Market96
Property Features for 1677 E OAKLAND PARK Boulevard
General Information
Standard status
Size
Class
Total Parking Spaces
Elevators
Property subtype
Additional Details
Road Access
Office Units
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
ADA accessibility
modern infrastructure
premium signage
Building Details
Building Size
Year Built
Buildings
Stories
Tenancy
Listing Agency:
One Sotheby's International Realty
Listed By:
Shannon Grasso · License FL #3305549
Source:
Jofregroup
Added: Aug 7
Changed: Nov 9
Last Checked: Nov 9 at 6:36PM
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 One Sotheby's International Realty
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Investment Insights
Based on property information with market context.
This 6,553-square-foot medical property, built in 2027, contains three private suites, each with two private restrooms. The three-story building includes an elevator, ADA accessibility, and 24 on-site parking spaces. Its configuration is designed for outpatient healthcare use.
The property is on E. Oakland Park Boulevard, where the source reports daily traffic of 35,000+ vehicles. Signage is also available at the property.
The property is on E. Oakland Park Boulevard, where the source reports daily traffic of 35,000+ vehicles. Signage is also available at the property.
Key Highlights
- 6,553 SF medical property built in 2027
- Three‑story building with 3 private medical suites
- Each suite includes 2 private restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$209,044
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,180,880
$4.2M
Cap Rate 7%
$2,986,343
$3.0M
Cap Rate 9%
$2,322,711
$2.3M
Market Conditions
NOI Build-Up for 6,553 SF
Gross rent
$327.9K $50.04/SF
− Vacancy
−$49.2K −$7.51/SF
EGI
$278.7K $42.53/SF
− OpEx
−$69.7K −$10.63/SF
NOI
$209.0K $31.90/SF
Area
Broward County, FL
Vacancy
15.00%
Lease Rate
$50.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,180,880
Cap Rate 7%
$2,986,343
Cap Rate 9%
$2,322,711
Alternative Uses
Best Use
Office B
$2.99M
$2.61M – $3.48M
NOI $209,044 @ 7.0% cap · market cap 3.54%
Second Best
Healthcare Medical
$1.43M
$1.25M – $1.67M
NOI $100,320 @ 7.0% cap · market cap 1.70%
Theoretical Best
Office A
$3.32M
$2.91M – $3.88M
NOI $232,723 @ 7.0% cap · market cap 3.94%
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
Lease Details
3
Office units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,719
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33334, FL
30,138
Population
14,314
Households
2.1
Avg Household Size
44
Median Age
33%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
6,279
Density / Sq Mi
$69,512
Median Household Income
$36,895
Median Earnings
$1,615
Median Rent
$430,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Three floors, elevator service, and ADA access support outpatient healthcare operations.
Where is this medical office space located?
The property is located at 1677 E OAKLAND PARK Boulevard Oakland Park, FL.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: 6,553 SF medical property built in 2027; Three‑story building with 3 private medical suites; Each suite includes 2 private restrooms
