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    1500 University Dr Coral Springs, FL 33071

    Sponsored
    For Sale
    $1,000,000

    Ground floor, fully renovated, 1950 sq ft

    Property size:
    1,950 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This 1,950 square foot, fully renovated Class B medical office condo is located in Coral Springs, Florida, at 1500 N University Dr, Suite 100. Situated on the ground floor of a 2-story building (built in 1984, renovated in 2023), this vacant unit boasts six exam rooms, a lab, two physician offices, and a large reception/waiting area. The property features a desirable ground floor location with University Drive frontage, offering excellent visibility and accessibility. The building itself is a 14-unit courtyard-style complex with lush landscaping and a fountain, providing a serene atmosphere. Conveniently located near restaurants and with easy access to the Sawgrass Expressway, this property presents a prime opportunity. The building recently underwent a new roof installation and completed its 40-year recertification. The property is zoned B2 and has an APN of 484128AB0010. Asking price is $1,000,000 ($512.82/sq ft).

    Property Features for 1500 University Dr

    General Information

    Property type
    Medical offices
    Square Feet
    1,950 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1984/2023
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • New roof and 40‑year recertification complete.
    • Courtyard‑style building.
    • Ground floor units available.
    • University Drive frontage.
    • Easy Sawgrass Expressway access.
    • Coral Springs medical condo for sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Coral Springs
    County
    Broward
    State
    Florida
    Longitude
    -80.253670651789
    Latitude
    26.249860342958

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    FAQs

    What type of property is this?
    Medical office - Ground floor, fully renovated, 1950 sq ft
    Where is this medical office located?
    The property is located at 1500 University Dr Coral Springs, FL.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: New roof and 40-year recertification complete.; Courtyard-style building.; Ground floor units available.
    Request Owner's contact information
    1500 University Dr Coral Springs, FL 33071
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    Coral Springs, FL 33071
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    1500 University Dr Coral Springs, FL 33071
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