Ground-Floor Medical Office
2331 N STATE ROAD 7 #109, Lauderhill, FL 33313
For Sale
Contact for pricing
Connected suites offer clinical equipment, patient areas, and dedicated staff amenities.
Property Size1,450 SF
Price / SF$2.76
Days on Market38
Property Features for 2331 N STATE ROAD 7 #109
General Information
Standard status
Size
Property subtype
Additional Details
Floor
Office Units
Property Use
Amenities
private bathrooms
security camera system
break room
waiting room with TVs
Building Details
Year Built
Listing Agency:
Century 21 Stein Posner
(561) 756-9945
Listed By:
Gianna Saint-Jean · License #3662731
(954) 242-8785
Source:
Wycliffecommunityrealty
Added: Oct 1
Changed: Nov 6
Last Checked: Nov 6 at 6:17PM
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 Stein Posner
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Investment Insights
Based on property information with market context.
This ground-floor medical office combines Suites 109 and 110, which are leased together as a 1,450-square-foot space. The layout includes a waiting room with televisions, a front reception area, a private consultation office, a break room, and two private bathrooms. A digital panoramic X-ray system and security cameras are also in place. The space can accommodate a multispecialty practice or general office use.
Building maintenance covers water, sewer, exterior lighting, garbage, and insurance. Parking is available for clients and staff.
Building maintenance covers water, sewer, exterior lighting, garbage, and insurance. Parking is available for clients and staff.
Key Highlights
- Suites 109 and 110 comprise 1,450 square feet and are rented together
- Ground‑floor office with a digital panoramic X‑ray system
- Two private bathrooms, waiting room with TVs, and front reception area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,105
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,100
$382.1K
Cap Rate 7%
$272,929
$272.9K
Cap Rate 9%
$212,278
$212.3K
Market Conditions
NOI Build-Up for 1,450 SF
Gross rent
$34.8K $24.00/SF
− Vacancy
−$3.0K −$2.04/SF
EGI
$31.8K $21.96/SF
− OpEx
−$12.7K −$8.78/SF
NOI
$19.1K $13.18/SF
Area
Broward County, FL
Vacancy
8.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,100
Cap Rate 7%
$272,929
Cap Rate 9%
$212,278
Alternative Uses
Best Use
Office B
$549.0K
$480.4K – $640.5K
NOI $38,432 @ 7.0% cap · market cap 960.80%
Second Best
Healthcare Medical
$272.9K
$238.8K – $318.4K
NOI $19,105 @ 7.0% cap · market cap 477.63%
Theoretical Best
Office A
$735.6K
$643.7K – $858.3K
NOI $51,495 @ 7.0% cap · market cap 1,287.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
718
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33313, FL
63,284
Population
25,312
Households
2.5
Avg Household Size
36
Median Age
15%
College-Educated
85%
High-School Grad
6.3 sq mi
ZIP Area
10,045
Density / Sq Mi
$45,408
Median Household Income
$30,872
Median Earnings
$1,608
Median Rent
$236,300
Median Home Value
Market
Average Price Trend$/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
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Connected suites offer clinical equipment, patient areas, and dedicated staff amenities.
Where is this medical office space located?
The property is located at 2331 N STATE ROAD 7 #109 Lauderhill, FL.
What are key features of this property?
This property features: Suites 109 and 110 comprise 1,450 square feet and are rented together; Ground‑floor office with a digital panoramic X‑ray system; Two private bathrooms, waiting room with TVs, and front reception area
