Turnkey Flex Office
4851 W Hillsboro Boulevard Coconut Creek, FL 33073
For Sale
$549,900
Pending
COMMERCIAL - Coconut Creek, FL
Property Size1,322 SF
Lot Size0.03 Acres
Days on Market167
Property Features for 4851 W Hillsboro Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
O-2
Parking
1
Parking features
Assigned, Guest
Security features
Security System
Standard status
Pending
APN
484206ab0040
Size
1,322 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HILLSBORO EXECUTIVE PARK COMM CONDO UNIT 4A BLDG A PER AMCDO BK/PG: 43586/1221
Tax Annual Amount
9641
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2006
Floors in Building
1
Number of units
1
Flooring type
Tile, Carpet
Building materials
Block
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
David Dweck · License #0606571
(954) 354-1000
Added: Feb 12
Changed: Jul 28
Last Checked: Jul 29 at 3:06AM
MLS# F10550033
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 turnkey corner unit combines office build-out with rear warehouse space. The space includes four private offices, a lobby and reception area, and a spacious warehouse with a high ceiling at the rear. Offices feature windows throughout for natural light, and the property includes impact windows and doors. A security camera and an inactive alarm system are included, along with impact-ready features for added peace of mind.
Zoned O-2, medical use is allowed. The unit has one assigned parking space plus ample visitor parking. The property is located on W Hillsboro Boulevard in Coconut Creek, with convenient access to major roads and highways and nearby dining and shopping.
The layout is designed for immediate occupancy, with a practical separation between office and warehouse areas and included security systems and build-out finishes.
Zoned O-2, medical use is allowed. The unit has one assigned parking space plus ample visitor parking. The property is located on W Hillsboro Boulevard in Coconut Creek, with convenient access to major roads and highways and nearby dining and shopping.
The layout is designed for immediate occupancy, with a practical separation between office and warehouse areas and included security systems and build-out finishes.
Key Highlights
- 2006‑built commercial space with central heating and central air conditioning
- Bright corner unit with windows in every office for natural light throughout
- Includes four private offices, a lobby and reception area, plus a rear warehouse with a high ceiling
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 | $60.3k | $45.60 |
| − Vacancy | −$13.6k | −$10.26 |
| EGI | $46.7k | $35.34 |
| − OpEx | −$11.7k | −$8.84 |
| NOI | $35.0k | $26.51 |
1,322 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$500.6K
$438.0K – $584.0K
NOI $35,040 @ 7.0% cap · market cap 6.37%
Second Best
Flex RnD
$415.4K
$363.5K – $484.7K
NOI $29,079 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$670.7K
$586.9K – $782.5K
NOI $46,949 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Clean Eatz — 4800 W Hillsboro Blvd Suite A10, Coconut Creek, FL 33073
- Smart Groupco Corp — 33067, Parkland, FL 33067, United States
Frequently Asked Questions
What type of property is this?
Flex space - Bright corner unit with built-out offices and rear warehouse space, impact windows and one assigned parking space.
Where is this flex space located?
The property is located at 4851 W Hillsboro Boulevard Coconut Creek, FL.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 2006‑built commercial space with central heating and central air conditioning; Bright corner unit with windows in every office for natural light throughout; Includes four private offices, a lobby and reception area, plus a rear warehouse with a high ceiling
