Two-Story Medical Office
For Sale
Under Contract
$479,000
7800 W Oakland Park Boulevard, Fort Lauderdale, FL 33351
Commercial Sale, Fort Lauderdale, FL
Property Size2,415 SF
Lot Size4.35 Acres
Price / SF$198.34
Days on Market435
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Property Features for 7800 W Oakland Park Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
3850
Standard status
Active Under Contract
APN
494121bb0040
Lot size
4.35 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
BELLE TERRE OF SUNRISE CONDO UNIT 221 PER CDO BK/PG: 8862/928
Tax Annual Amount
3937
Legal Description
BELLE TERRE OF SUNRISE CONDO UNIT 221 PER CDO BK/PG: 8862/928
Building Details
Year built
1980
Listing Agency:
Total R E Consultants Inc
(954) 341-3294
Listed By:
J. Josep D Pelayo · License #3005451
(954) 551-9427
Added: Aug 7, 2025
Changed: Oct 8
Last Checked: Oct 15 at 5:06PM
MLS# F10519470
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 two-story medical office unit in Building A includes approximately 2415+/- SF arranged around a reception area, six offices, a conference room, two restrooms, and an open area. Elevator access connects both levels, while recent painting and carpet removal leave the interior ready for the next owner’s improvements. The corner unit fronts Oakland Park Boulevard within the Belle Terre complex and was built in 1980. The configuration supports medical or professional office use, with a combination of private rooms, administrative space, and shared areas.
Key Highlights
- Two‑story unit with elevator access
- Approximately 2415+/- SF of office/medical space
- Reception area, six offices, conference room, two restrooms, and open area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,516
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,320
$650.3K
Cap Rate 7%
$464,514
$464.5K
Cap Rate 9%
$361,289
$361.3K
Market Conditions
NOI Build-Up for 2,415 SF
Gross rent
$58.0K $24.00/SF
− Vacancy
−$3.8K −$1.56/SF
EGI
$54.2K $22.44/SF
− OpEx
−$21.7K −$8.98/SF
NOI
$32.5K $13.46/SF
Area
Fort Lauderdale, FL
Vacancy
6.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,320
Cap Rate 7%
$464,514
Cap Rate 9%
$361,289
Alternative Uses
Best Use
Office B
$991.1K
$867.2K – $1.16M
NOI $69,378 @ 7.0% cap · market cap 14.48%
Second Best
Healthcare Medical
$464.5K
$406.5K – $541.9K
NOI $32,516 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,602 @ 7.0% cap · market cap 23.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,678
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33351, FL
36,913
Population
13,843
Households
2.7
Avg Household Size
38
Median Age
31%
College-Educated
92%
High-School Grad
5.5 sq mi
ZIP Area
6,711
Density / Sq Mi
$68,996
Median Household Income
$40,013
Median Earnings
$1,881
Median Rent
$352,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Fort Lauderdale, FL
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Elevator-served corner unit offers a customizable layout with offices, meeting space, restrooms, and an open work area.
Where is this medical office space located?
The property is located at 7800 W Oakland Park Boulevard Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Two‑story unit with elevator access; Approximately 2415+/- SF of office/medical space; Reception area, six offices, conference room, two restrooms, and open area
