Medical Office Suite with X-Ray
For Sale
$599,900
2751 Executive Park Drive 202, Weston, FL 33331
The five-office layout includes reception, a waiting area, shared workspace, and a dedicated imaging room.
Property Size1,250 SF
Price / SF$479.92
Days on Market28
Property Features for 2751 Executive Park Drive 202
General Information
Standard status
Active
Size
1,250 SF
Property subtype
Office
Additional Details
Property Use
Medical Office
Taxes and HOA fees
Annual Taxes
$12,628
Building Details
Building Size
1,250 SF
Year Built
2001
Listing Agency:
Oceanica International Realty
Listed By:
Karina E Meza · License #3052867
(954) 274-1194
Source:
Seaflaghomes
Added: Oct 5
Changed: Oct 31
Last Checked: Oct 31 at 3:20AM
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 Oceanica International Realty
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Investment Insights
Based on property information with market context.
This 1,250-square-foot medical office suite was built in 2001. Its layout includes five private offices, reception and waiting areas, open workspace, and a private restroom. A separate X-ray room has lead-lined walls already installed.
The property is at 2751 Executive Park Drive, Suite 202, in Weston, Florida, directly across from Cleveland Clinic. The suite is configured for medical use, with spaces for both private appointments and reception functions.
The property is at 2751 Executive Park Drive, Suite 202, in Weston, Florida, directly across from Cleveland Clinic. The suite is configured for medical use, with spaces for both private appointments and reception functions.
Key Highlights
- 1,250‑square‑foot medical office suite
- Five private offices, reception area, waiting area, and open workspace
- Dedicated X‑ray room with lead‑lined walls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,131
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,620
$662.6K
Cap Rate 7%
$473,300
$473.3K
Cap Rate 9%
$368,122
$368.1K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$57.0K $45.60/SF
− Vacancy
−$12.8K −$10.26/SF
EGI
$44.2K $35.34/SF
− OpEx
−$11.0K −$8.84/SF
NOI
$33.1K $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%
$662,620
Cap Rate 7%
$473,300
Cap Rate 9%
$368,122
Alternative Uses
Best Use
Office B
$473.3K
$414.1K – $552.2K
NOI $33,131 @ 7.0% cap · market cap 5.52%
Second Best
Healthcare Medical
$235.3K
$205.9K – $274.5K
NOI $16,470 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$634.2K
$554.9K – $739.9K
NOI $44,392 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,529
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33331, FL
23,016
Population
7,898
Households
2.9
Avg Household Size
43
Median Age
57%
College-Educated
96%
High-School Grad
11.8 sq mi
ZIP Area
1,951
Density / Sq Mi
$142,464
Median Household Income
$65,954
Median Earnings
$2,849
Median Rent
$666,900
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - The five-office layout includes reception, a waiting area, shared workspace, and a dedicated imaging room.
Where is this medical office space located?
The property is located at 2751 Executive Park Drive 202 Weston, FL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 1,250‑square‑foot medical office suite; Five private offices, reception area, waiting area, and open workspace; Dedicated X‑ray room with lead‑lined walls
