Office Suite in 4-Unit
17190 Royal Palm Blvd. Unit 2 Weston, FL 33326
For Sale
$540,000
Pending
1,487-square-foot office suite with three private offices, reception, computer room, and impact-windowed areas.
Property Size1,487 SF
Days on Market3121
Property Features for 17190 Royal Palm Blvd. Unit 2
General Information
Standard status
Pending
Size
1,487 SF
Property subtype
General Commercial
Building Details
Year Built
2002
Listing Agency:
Century 21 KoRes
(954) 562-8385
Listed By:
Lorena Alonso Perry
(954) 562-8385
Source:
Xome
Added: Jan 11, 2018
Changed: Jul 26
Last Checked: Jul 26 at 2:19AM
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 Century 21 KoRes
Investment Insights
Based on property information with market context.
The property consists of a free-standing, one-story building with four office units constructed of concrete block and stucco. Unit 2 is offered as a private office suite featuring three private offices, a computer room, a small reception area, and a bathroom. The suite includes commercial-grade carpeting. Offices and the reception area have impact windows, and both the A/C and roof are reported to be well maintained and in good condition.
The building is located on Royal Palm Blvd. in Weston, less than a mile from I-75, with quick access to I-75 and 595. Fort Lauderdale International Airport is approximately 20 minutes away. The surrounding area includes single-family homes, hotels, and executive office buildings.
The building is located on Royal Palm Blvd. in Weston, less than a mile from I-75, with quick access to I-75 and 595. Fort Lauderdale International Airport is approximately 20 minutes away. The surrounding area includes single-family homes, hotels, and executive office buildings.
Key Highlights
- 1,487 total SF office suite in a 4‑unit, 1‑story concrete block and stucco building
- Suite layout includes 3 private offices, reception area, computer room, and bathroom
- All offices and reception area have impact windows
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.8k | $45.60 |
| − Vacancy | −$15.3k | −$10.26 |
| EGI | $52.6k | $35.34 |
| − OpEx | −$13.1k | −$8.84 |
| NOI | $39.4k | $26.51 |
1,487 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$563.0K
$492.7K – $656.9K
NOI $39,413 @ 7.0% cap · market cap 7.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$754.4K
$660.1K – $880.2K
NOI $52,809 @ 7.0% cap · market cap 9.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - 1,487-square-foot office suite with three private offices, reception, computer room, and impact-windowed areas.
Where is this office units located?
The property is located at 17190 Royal Palm Blvd. Unit 2 Weston, FL.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 1,487 total SF office suite in a 4‑unit, 1‑story concrete block and stucco building; Suite layout includes 3 private offices, reception area, computer room, and bathroom; All offices and reception area have impact windows
