Divisible Office
For Sale
$685,000
6120 NW 11th Street, Sunrise, FL
Commercial Sale, Sunrise, FL
Property Size2,255 SF
Price / SF$303.77
Days on Market180
Property Features for 6120 NW 11th Street
General Information
Property type
Residential
Property subtype
Office
Zoning
B-3
Parking
6
Subdivision
3750
Standard status
Active
APN
494135kk0100
Size
2,255 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
COMMERCE CENTER COMM CONDO UNIT 10 BLDG 2 PER CDO BK/PG: 11317/147
Tax Annual Amount
9200
HOA Fee
$840 Monthly
Legal Description
COMMERCE CENTER COMM CONDO UNIT 10 BLDG 2 PER CDO BK/PG: 11317/147
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1974
Floors in Building
1
Number of units
1
Flooring type
Carpet
Building materials
CBS, Concrete
Roof type
Rolled Hot Mop, Flat
Listing Agency:
LoKation
(954) 545-5583
Listed By:
Michael D Gooden · License #0698958
(954) 288-6664
Added: Apr 10
Changed: Oct 6
Last Checked: Oct 6 at 11:06PM
MLS# B26014265
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 office property offers a layout that can be divided into four spaces. Built in 1974, the building has CBS and concrete construction, carpet flooring, central heating, and central air conditioning.
B-3 zoning applies to the property. Cable is available, and the site is served by public water and sewer. Parking is available on site.
B-3 zoning applies to the property. Cable is available, and the site is served by public water and sewer. Parking is available on site.
Key Highlights
- Layout can be divided into 4 spaces
- B‑3 zoning
- Built in 1974
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,769
Cap Rate
8.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,195,380
$1.2M
Cap Rate 7%
$853,843
$853.8K
Cap Rate 9%
$664,100
$664.1K
Market Conditions
NOI Build-Up for 2,255 SF
Gross rent
$102.8K $45.60/SF
− Vacancy
−$23.1K −$10.26/SF
EGI
$79.7K $35.34/SF
− OpEx
−$19.9K −$8.84/SF
NOI
$59.8K $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%
$1,195,380
Cap Rate 7%
$853,843
Cap Rate 9%
$664,100
Alternative Uses
Best Use
Office B
$853.8K
$747.1K – $996.2K
NOI $59,769 @ 7.0% cap · market cap 8.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.14M
$1.00M – $1.33M
NOI $80,084 @ 7.0% cap · market cap 11.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,028
Businesses Nearby
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Business Placement
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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?
Office units - The interior may be arranged as four separate spaces, with parking available on site.
Where is this office units located?
The property is located at 6120 NW 11th Street Sunrise, FL.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: Layout can be divided into 4 spaces; B‑3 zoning; Built in 1974
