Two-Story Light Industrial
3650 Coral Ridge Drive Coral Springs, FL 33065
For Sale
$1,595,000
COMMERCIAL - Coral Springs, FL
Property Size5,004 SF
Lot Size0.12 Acres
Price / SF$318.75
Days on Market96
Property Features for 3650 Coral Ridge Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- IRD
- Parking
- 11
- Parking features
- Guest, Assigned
- Security features
- Security
- Standard status
- Active
- APN
- 484118bc0040
- Size
- 5,004 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PARK RIDGE BUSINESS CENTER COMM CONDO UNIT 104 PER CDO BK/PG: 42755/780
- Tax Annual Amount
- 16272
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1986
- Floors in Building
- 2
- Flooring type
- Concrete
- Building materials
- Block, CBS
- Roof type
- Concrete
Listing Agency:
Fidelity Real Estate Group LLC
(954) 345-9144
Listed By:
Carlos A Montoya · License #0623048
(954) 234-7653
Added: Apr 23
Changed: Jul 24
Last Checked: Jul 27 at 8:06AM
MLS# B26019769
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-story light industrial office/warehouse offers fully air-conditioned workspace with 18-foot ceilings. The building includes a grade-level 10x10 roll-up door and interior support space with 8 private offices and two bathrooms, along with 11 assigned parking spaces.
The property is located directly on Coral Ridge Drive in Coral Springs, with access to the Sawgrass Expressway and Turnpike within minutes. The zoning is listed as IRD.
The owner also notes additional adjacent units that can be sold separately or together for a combined total of 13,491 square feet, including Unit 102 at 4,140 +/- square feet and Unit 103 at 4,335 +/- square feet.
The property is located directly on Coral Ridge Drive in Coral Springs, with access to the Sawgrass Expressway and Turnpike within minutes. The zoning is listed as IRD.
The owner also notes additional adjacent units that can be sold separately or together for a combined total of 13,491 square feet, including Unit 102 at 4,140 +/- square feet and Unit 103 at 4,335 +/- square feet.
Key Highlights
- Modern two‑story light industrial office/warehouse built in 1986 on Coral Ridge Drive in Coral Springs
- Over 5,000+/- SF of fully air‑conditioned workspace with 18‑foot ceilings
- Grade‑level 10x10 roll‑up door plus central heating and central air; concrete roof and concrete flooring
Financial Insights For Warehouse
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 | $102.1k | $20.40 |
| − Vacancy | −$4.4k | −$0.88 |
| EGI | $97.7k | $19.52 |
| − OpEx | −$14.7k | −$2.93 |
| NOI | $83.0k | $16.59 |
5,004 SF · lease $20.40/SF/yr · vacancy 4.30% · expense 15.00%
Alternative Uses
Best Use
Office B
$6.72M
$5.88M – $7.84M
NOI $470,659 @ 7.0% cap · market cap 29.51%
Second Best
Warehouse
$1.19M
$1.04M – $1.38M
NOI $83,038 @ 7.0% cap · market cap 5.21%
Theoretical Best
Specialty Retail
$8.53M
$7.47M – $9.96M
NOI $597,329 @ 7.0% cap · market cap 37.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar Off Market Nearby
- DEFANCY — 3257 NW 118th Dr, Coral Springs, FL 33065
- YupiPops — 12201 NW 35th St, Coral Springs, FL 33065
- JULIANS ON WHEELS — 11570 Wiles Rd, Coral Springs, FL 33076
- Door To Door Catering Inc — 7041 W Commercial Blvd, #6d, Tamarac, FL 33319
FAQs
What type of property is this?
Flex space - Two-story, fully air-conditioned office/warehouse with 18-foot ceilings and a grade-level 10x10 roll-up door.
Where is this flex space located?
The property is located at 3650 Coral Ridge Drive Coral Springs, FL.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Modern two‑story light industrial office/warehouse built in 1986 on Coral Ridge Drive in Coral Springs; Over 5,000+/- SF of fully air‑conditioned workspace with 18‑foot ceilings; Grade‑level 10x10 roll‑up door plus central heating and central air; concrete roof and concrete flooring
