Tamarac Woodmont Professional Centre
For Sale
Contact for pricing
7737 N University Dr # 101, Tamarac, FL 33321
Corner office unit in Tamarac's Woodmont Professional Centre.
Property Size1,152 SF
Price / SF$372.40
Days on Market834
Property Features for 7737 N University Dr # 101
General Information
Standard status
Active
Size
1,152 SF
Property subtype
Office
Building Details
Year Built
1991
Listing Agency:
Total R E Consultants Inc
Listed By:
J. Josep Pelayo · License #A11997717
(954) 551-9427
Source:
Crexi
Added: Jul 11, 2024
Changed: Oct 21
Last Checked: Oct 20 at 8:47PM
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 Total R E Consultants Inc
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.
Located in Tamarac’s Woodmont Professional Centre, Unit 101 is a corner unit on the first floor. The unit measures 1,152 square feet and features hurricane impact glass windows. The current layout includes a reception area, three offices, an open area, a kitchen, and a restroom. Ample parking is available. The property is zoned as a Neighborhood Commercial (NC) district and is closely located to University Hospital, making it suitable for medical practitioners. The space is also suitable for professional industries including legal and engineering.
Key Highlights
- Highly‑desired corner unit on the first floor with 1,152 +\/- SQFT.
- Ample parking available.
- Hurricane impact glass windows.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,534
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$610,680
$610.7K
Cap Rate 7%
$436,200
$436.2K
Cap Rate 9%
$339,267
$339.3K
Market Conditions
NOI Build-Up for 1,152 SF
Gross rent
$52.5K $45.60/SF
− Vacancy
−$11.8K −$10.26/SF
EGI
$40.7K $35.34/SF
− OpEx
−$10.2K −$8.84/SF
NOI
$30.5K $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%
$610,680
Cap Rate 7%
$436,200
Cap Rate 9%
$339,267
Alternative Uses
Best Use
Office B
$436.2K
$381.7K – $508.9K
NOI $30,534 @ 7.0% cap · market cap 7.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$584.5K
$511.4K – $681.9K
NOI $40,912 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Corner office unit in Tamarac's Woodmont Professional Centre.
Where is this office unit located?
The property is located at 7737 N University Dr # 101 Tamarac, FL.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Highly‑desired corner unit on the first floor with 1,152 +\/- SQFT.; Ample parking available.; Hurricane impact glass windows.
