Office Unit with Retail
For Sale
Contact for pricing
7511 NW 64 Street, Tamarac, FL 33321
Office and retail space with south-facing exposure in central Tamarac.
Property Size20,000 SF
Price / SF$0.08
Days on Market67
Property Features for 7511 NW 64 Street
General Information
Standard status
Active
Size
20,000 SF
Property subtype
Office
Building Details
Year Built
1974
Listing Agency:
Northgate Realty LLC
(954) 533-5563
Listed By:
Tony F Angella · License #0657283
(954) 612-0365
Source:
Lehmannflorida
Added: Aug 31
Changed: Nov 5
Last Checked: Nov 4 at 4:14PM
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 Northgate Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 800-square-foot office unit is also identified for retail use, providing a compact commercial footprint within a property built in 1974. The space faces south and is located at 7511 NW 64 Street in Tamarac, Florida 33321.
Key Highlights
- 800 square feet of office and retail space
- South‑facing orientation
- Located at 7511 NW 64 Street, Tamarac, FL 33321
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$338,184
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,763,680
$6.8M
Cap Rate 7%
$4,831,200
$4.8M
Cap Rate 9%
$3,757,600
$3.8M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$528.0K $26.40/SF
− Vacancy
−$44.9K −$2.24/SF
EGI
$483.1K $24.16/SF
− OpEx
−$144.9K −$7.25/SF
NOI
$338.2K $16.91/SF
Area
Broward County, FL
Vacancy
8.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,763,680
Cap Rate 7%
$4,831,200
Cap Rate 9%
$3,757,600
Alternative Uses
Best Use
Office B
$7.57M
$6.63M – $8.84M
NOI $530,100 @ 7.0% cap · market cap 33,235.11%
Second Best
Retail
$4.83M
$4.23M – $5.64M
NOI $338,184 @ 7.0% cap · market cap 21,202.76%
Theoretical Best
Office A
$10.15M
$8.88M – $11.84M
NOI $710,279 @ 7.0% cap · market cap 44,531.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
525
Businesses Nearby
Explore this area
Business Placement
Demographics for 33321, FL
51,011
Population
24,009
Households
2.1
Avg Household Size
48
Median Age
28%
College-Educated
89%
High-School Grad
8.2 sq mi
ZIP Area
6,221
Density / Sq Mi
$60,013
Median Household Income
$38,742
Median Earnings
$1,846
Median Rent
$259,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Office and retail space with south-facing exposure in central Tamarac.
Where is this office unit located?
The property is located at 7511 NW 64 Street Tamarac, FL.
What are key features of this property?
This property features: 800 square feet of office and retail space; South‑facing orientation; Located at 7511 NW 64 Street, Tamarac, FL 33321
