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    7171 University Dr Tamarac, FL 33321

    Sponsored
    For Sale
    $3,200,000

    Ground floor medical office, Tamarac, FL

    Property size:
    9,207 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9,207 square foot medical office condominium, located at 7171 N University Dr in Tamarac, Florida, is offered at $3,200,000. Situated on 2.58 acres, this Class B building boasts ample parking (6 spaces per 1,000 sq ft). Currently vacant, this ground floor space (Suite 100) features 13 exam rooms, 2 imaging rooms, 5 additional offices, a large reception/waiting area, and a comprehensive physical therapy wing complete with a pool. Previously occupied by an orthopedic practice, this property is ideally suited for a variety of medical uses. Its prime location is adjacent to the 327-bed HCA Woodmont Hospital, offering significant synergy potential, yet without requiring any affiliation. Built in 1994, this one-building, three-story structure presents a unique opportunity. The sale may include additional ownership, providing potential control of the building and association/management. A lease-back option or shared use with a complementary practice may be considered. The property includes six units, and the APN is 4941 04 AE 0010. Serious inquiries are encouraged.

    Property Features for 7171 University Dr

    General Information

    Property type
    Medical offices
    Square Feet
    9,207 SF
    Class
    B
    Lot Size
    112,385 SF

    Building Details

    Year Built
    1994
    Buildings
    1
    Stories
    3
    Units
    6

    HighLights

    • Ground floor medical office space available.
    • Currently configured for orthopedic practice.
    • Includes a full physical therapy wing with a therapeutic pool.
    • Features over 20 exam rooms, plus a large reception and administrative area.
    • Located next to HCA Woodmont Hospital; no affiliation required.
    • Opportunity to acquire a controlling interest in the building's association upon purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Douglas Primary Care ... Medical Center Lynne D. Rich, ... Medical Clinic 7171 Medical Center Medical Office Brietstein & Strauss, Dpm, ... Podiatrist Simon Richard J ... Orthopedic Surgeon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tamarac
    County
    Broward
    State
    Florida
    Longitude
    -80.253125343692
    Latitude
    26.210792110634

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    FAQs

    What type of property is this?
    Medical office - Ground floor medical office, Tamarac, FL
    Where is this medical office located?
    The property is located at 7171 University Dr Tamarac, FL.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: Ground floor medical office space available.; Currently configured for orthopedic practice.; Includes a full physical therapy wing with a therapeutic pool.
    Request Owner's contact information
    7171 University Dr Tamarac, FL 33321
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7171 University Dr Tamarac, FL 33321
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