Two-Suite Medical
New
For Sale
$700,000
8050 N University Dr, Tamarac, FL 33321
Commercial Sale, Tamarac, FL
Property Size1,530 SF
Lot Size0.04 Acres
Price / SF$457.52
Days on Market3
Property Features for 8050 N University Dr
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
MU-N
Subdivision
3820
Standard status
Active
APN
494103AD0010
Lot size
0.04 Acres
Taxes and HOA fees
Tax Description
BITON PLAZA OFFICE CONDOMINIUM UNIT 101 PER CDO BK/PG: 38435/524
Tax Annual Amount
4531
HOA Fee
$866 Monthly
Legal Description
BITON PLAZA OFFICE CONDOMINIUM UNIT 101 PER CDO BK/PG: 38435/524
Building Details
Year built
2005
Listing Agency:
Related General Realty, LLC.
(305) 932-6365
Listed By:
Francisco Rivera · License #0403609
(305) 301-5720
Added: Oct 13
Last Checked: Oct 15 at 6:06AM
MLS# A12105649
Copyright © 2026 Miami REALTORS®. 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 1,530-square-foot medical office combines Suites 101 and 102 at 8050 N University Dr in Tamarac. The property was built in 2005 and has been renovated. The combined space is also identified for accounting, legal, insurance, and other professional office uses.
Key Highlights
- 1,530 square feet across combined Suites 101 and 102
- Renovated medical office building constructed in 2005
- Professional office uses include accounting, legal, and insurance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,553
Cap Rate
5.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$811,060
$811.1K
Cap Rate 7%
$579,329
$579.3K
Cap Rate 9%
$450,589
$450.6K
Market Conditions
NOI Build-Up for 1,530 SF
Gross rent
$69.8K $45.60/SF
− Vacancy
−$15.7K −$10.26/SF
EGI
$54.1K $35.34/SF
− OpEx
−$13.5K −$8.84/SF
NOI
$40.6K $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%
$811,060
Cap Rate 7%
$579,329
Cap Rate 9%
$450,589
Alternative Uses
Best Use
Office B
$579.3K
$506.9K – $675.9K
NOI $40,553 @ 7.0% cap · market cap 5.79%
Second Best
Healthcare Medical
$288.0K
$252.0K – $336.0K
NOI $20,159 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$776.2K
$679.2K – $905.6K
NOI $54,336 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
525
Businesses Nearby
Balanced
Demand for This Use
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
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Updated space combines two units for professional office use.
Where is this medical office space located?
The property is located at 8050 N University Dr Tamarac, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 1,530 square feet across combined Suites 101 and 102; Renovated medical office building constructed in 2005; Professional office uses include accounting, legal, and insurance
