First-Floor Office
8050 N University Dr #101, Tamarac, FL 33321
For Sale
$575,000
Built-out suite with private entrances, an executive office, a conference room, and open workspace.
Property Size25,000 SF
Price / SF$375.82
Days on Market29
Property Features for 8050 N University Dr #101
General Information
Standard status
Size
Class
Property subtype
Zoning
Space & Availability
Floor
Condition
Site & Location
Road Access
Public Transit
Additional Details
Asking Price
Property Use
Amenities
24-hour access
air conditioning
bus service
0.03512 acres
Parcel Number: 494103AD0010, Public Survey Range: 49, Public Survey Section: 3, Public Survey Township: 49, Annual Amount: $4,531, Legal Description: BITON PLAZA OFFICE CONDOMINIUM UNIT 101 PER CDO BK/PG: 38435/524, Zoning: MU-N
Listing ID: A12105649, Standard Status: Active, MLS Status: Active, Property Subtype: Office, On market as of 2026-10-12, 17 days on market, Special Conditions: Sale
Built in 2005, Living area units: Square Feet
County/Parish: Broward County
Leasable area units: Square Feet
Association Fee: $866, Fee Frequency: Monthly
Building Details
Year Built
Buildings
Stories
Building Size
Tenancy
Listing Agency:
Related General Realty, LLC.
(305) 932-6365
Listed By:
Francisco Rivera · License FL #0403609
(305) 301-5720
Source:
Riserealty
Added: Oct 12
Changed: Nov 8
Last Checked: Nov 3 at 5:00AM
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 Related General Realty, LLC.
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Investment Insights
Based on property information with market context.
This 1,530-square-foot office condominium occupies the first floor of a two-story, Class B building completed in 2004. The built-out suite has two private entrances, an executive office, a conference room, open work area, ceramic tile flooring, and windows that provide natural light. MU-N mixed-use neighborhood zoning may accommodate compatible office and neighborhood-serving uses, subject to municipal approval.
The property is on University Drive in Tamarac. Broward County Transit Route 02 runs approximately 0.1 mile away, and Cypress Creek Tri-Rail Station is approximately 8.1 miles from the property. Building features include 24-hour access, air conditioning, bus service, 40 surface parking spaces, and 16 covered spaces.
The property is on University Drive in Tamarac. Broward County Transit Route 02 runs approximately 0.1 mile away, and Cypress Creek Tri-Rail Station is approximately 8.1 miles from the property. Building features include 24-hour access, air conditioning, bus service, 40 surface parking spaces, and 16 covered spaces.
Key Highlights
- 1,530‑square‑foot office condominium with two private entrances
- First‑floor suite in a two‑story, Class B building constructed in 2004
- Interior includes executive office, conference room, open workspace, and ceramic tile flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,808
Cap Rate
8.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$976,160
$976.2K
Cap Rate 7%
$697,257
$697.3K
Cap Rate 9%
$542,311
$542.3K
Market Conditions
NOI Build-Up for 1,530 SF
Gross rent
$76.6K $50.04/SF
− Vacancy
−$11.5K −$7.51/SF
EGI
$65.1K $42.53/SF
− OpEx
−$16.3K −$10.63/SF
NOI
$48.8K $31.90/SF
Area
Broward County, FL
Vacancy
15.00%
Lease Rate
$50.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$976,160
Cap Rate 7%
$697,257
Cap Rate 9%
$542,311
Alternative Uses
Best Use
Office B
$697.3K
$610.1K – $813.5K
NOI $48,808 @ 7.0% cap · market cap 8.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$776.2K
$679.2K – $905.6K
NOI $54,336 @ 7.0% cap · market cap 9.45%
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
Multi-tenant
Tenancy
Yes
Paved road access
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
$259,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Broward County, FL
Properties on Market for Office Units in Broward County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Built-out suite with private entrances, an executive office, a conference room, and open workspace.
Where is this office unit located?
The property is located at 8050 N University Dr #101 Tamarac, FL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 1,530‑square‑foot office condominium with two private entrances; First‑floor suite in a two‑story, Class B building constructed in 2004; Interior includes executive office, conference room, open workspace, and ceramic tile flooring
