Tamarac Woodmont Professional Centre
7737 N University Dr # 101 Tamarac, FL 33321
7737 N University Dr # 101, Tamarac, FL, 33321
Contact for pricing
For Sale
Contact for pricing
Corner office unit in Tamarac's Woodmont Professional Centre.
Property Size1,152 SF
Price / SF$372.40
Days on Market743
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
Joe Pelayo, CCIM, SIOR, CIPS · License #3005451
Source
Crexi
Added: Jul 11, 2024 Updated: Jul 6 at 8:02AM Checked: Jul 22 at 7:45AM
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
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.
Local 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 | $52.5k | $45.60 |
| − Vacancy | −$11.8k | −$10.26 |
| EGI | $40.7k | $35.34 |
| − OpEx | −$10.2k | −$8.84 |
| NOI | $30.5k | $26.51 |
1,152 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Corner office unit in Tamarac's Woodmont Professional Centre.
Where is this office units 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.
