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Office Suite with Private Offices

350 NW 70th Avenue #350B, Plantation, FL 33317

For Sale
$750,000

The suite includes a meeting room, reception area, kitchen, and three bathrooms, including one ADA-accessible bathroom.

Property Size2,195 SF
Price / SF$341.69
Days on Market12

Property Features for 350 NW 70th Avenue #350B

General Information

Standard status Active
Size 2,195 SF
Class Class B
Property subtype Office

Additional Details

Highway Access Yes
Property Use Office

Building Details

Year Built 1986
Listing Agency: Avanti Way Premiere
Listed By: Catalina Pena · License #3150737
Source: Lehmannflorida
Added: Oct 27 Changed: Nov 6 Last Checked: Nov 6 at 2:09PM

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 Avanti Way Premiere

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Located in Building 350, this office suite is part of a two-building commercial complex. Its layout includes 9 work areas, a meeting room, lobby and reception area, front desk, kitchen, and 3 bathrooms, one of which is ADA-accessible. An enclosed room may accommodate examinations or X-ray use, subject to applicable requirements and approvals.

The building has 2 HVAC units, both less than 5 years old, and an aluminum roof with a barrel-tile finish that is approximately 10 years old. Accordion hurricane shutters are installed throughout. Six covered parking spaces are provided: 2 assigned to the owners and 4 for flexible use, with additional parking available across the complex. The property is at 350 NW 70th Avenue in Plantation, with access to I-595 and other major roads.

Key Highlights

  • Building 350 contains 2 office suites
  • 9 work areas, plus a meeting room, lobby and reception area, front desk, and kitchen
  • 3 bathrooms, including 1 ADA‑accessible bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,178
Cap Rate
7.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,163,560 $1.2M
Cap Rate 7%
$831,114 $831.1K
Cap Rate 9%
$646,422 $646.4K
Market Conditions
NOI Build-Up for 2,195 SF
Gross rent
$100.1K $45.60/SF
− Vacancy
−$22.5K −$10.26/SF
EGI
$77.6K $35.34/SF
− OpEx
−$19.4K −$8.84/SF
NOI
$58.2K $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%
$1,163,560
Cap Rate 7%
$831,114
Cap Rate 9%
$646,422

Alternative Uses

Best Use
Office B
$831.1K
$727.2K – $969.6K (±1% cap)
NOI $58,178 @ 7.0% cap · market cap 7.76%
Second Best
Healthcare Medical
$413.2K
$361.5K – $482.0K (±1% cap)
NOI $28,921 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$1.11M
$974.4K – $1.30M (±1% cap)
NOI $77,953 @ 7.0% cap · market cap 10.39%
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

Office Units

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Carpet & Flooring Store Catering Service Daycare Center Garden Center

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

189
Businesses Nearby

Demographics for 33317, FL

37,590
Population
13,625
Households
2.8
Avg Household Size
41
Median Age
36%
College-Educated
90%
High-School Grad
9.6 sq mi
ZIP Area
3,916
Density / Sq Mi
$84,239
Median Household Income
$43,317
Median Earnings
$1,986
Median Rent
$449,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

$301 Jul
$312 Aug
$245 Sep
$247 Oct

Properties on Market for Office Units in Broward County

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 - The suite includes a meeting room, reception area, kitchen, and three bathrooms, including one ADA-accessible bathroom.
Where is this office unit located?
The property is located at 350 NW 70th Avenue #350B Plantation, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Building 350 contains 2 office suites; 9 work areas, plus a meeting room, lobby and reception area, front desk, and kitchen; 3 bathrooms, including 1 ADA‑accessible bathroom
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