Office Unit with Private
812 SE 8th Avenue, Deerfield Beach, FL 33060
For Sale
$499,000
B-1-zoned workspace includes a reception area, two private offices, and a gathering room.
Property Size1,313 SF
Price / SF$380.05
Days on Market125
Property Features for 812 SE 8th Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Additional Details
Condition
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
Coastal Realty Online
(561) 789-6819
Listed By:
Christina Passanisi · License FL #3309179
(561) 542-7627
Source:
Ncgresources
Added: Jul 8
Changed: Nov 7
Last Checked: Nov 9 at 5:38PM
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 Coastal Realty Online
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Investment Insights
Based on property information with market context.
This 1,313-square-foot office unit, built in 1976, has a front desk and waiting area, a rear kitchen, and a conference room. Two separate offices and two bathrooms support a multi-room layout, while a large rear area can accommodate classes or gatherings. A paver patio provides private outdoor space.
The property is at 812 SE 8th Avenue in Deerfield Beach and is zoned B-1.
The property is at 812 SE 8th Avenue in Deerfield Beach and is zoned B-1.
Key Highlights
- 1,313‑square‑foot office unit
- Two separate offices and two bathrooms
- Reception and waiting area, rear kitchen, and conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,885
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$837,700
$837.7K
Cap Rate 7%
$598,357
$598.4K
Cap Rate 9%
$465,389
$465.4K
Market Conditions
NOI Build-Up for 1,313 SF
Gross rent
$65.7K $50.04/SF
− Vacancy
−$9.9K −$7.51/SF
EGI
$55.8K $42.53/SF
− OpEx
−$14.0K −$10.63/SF
NOI
$41.9K $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%
$837,700
Cap Rate 7%
$598,357
Cap Rate 9%
$465,389
Alternative Uses
Best Use
Office B
$598.4K
$523.6K – $698.1K
NOI $41,885 @ 7.0% cap · market cap 8.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$666.1K
$582.9K – $777.2K
NOI $46,630 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,942
Businesses Nearby
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Business Placement
Demographics for 33060, FL
35,793
Population
15,653
Households
2.3
Avg Household Size
39
Median Age
25%
College-Educated
82%
High-School Grad
7.0 sq mi
ZIP Area
5,113
Density / Sq Mi
$59,757
Median Household Income
$34,275
Median Earnings
$1,406
Median Rent
$354,100
Median Home Value
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Market
Average Price Trend$/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 - B-1-zoned workspace includes a reception area, two private offices, and a gathering room.
Where is this office unit located?
The property is located at 812 SE 8th Avenue Deerfield Beach, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1,313‑square‑foot office unit; Two separate offices and two bathrooms; Reception and waiting area, rear kitchen, and conference room
