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    4640 University Dr Davie, FL 33328

    Sponsored
    For Sale
    $6,200,000

    Modern Office Building, Prime Location, High ROI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional three-story, 2017-constructed office building in Davie, Florida, is offered for sale at $6,200,000. Strategically located near Fort Lauderdale-Hollywood International Airport, the Turnpike, I-95, and I-595, this property boasts a prime location for optimal accessibility. The building features a welcoming ground-level reception area, 27 individual offices, two conference rooms, two kitchens, and five bathrooms. Ample parking is provided with 44 spaces, including two electric vehicle charging stations. Detailed floor plans are available upon request. Currently occupied by a single tenant under a modified gross lease with two years remaining (until April 2026), the tenant is responsible for electricity and insurance costs. This presents a unique opportunity for immediate income generation. A significant advantage is the seller's pre-approved plans for constructing an additional, similar building perpendicular to the existing structure, expanding the property's potential significantly. This expansion opportunity, coupled with the existing building's strong tenant occupancy and desirable location, makes this a compelling investment prospect in the thriving Broward County market. The address is 4640 S University Dr, Davie, FL 33328. Contact us to learn more about this exceptional investment opportunity and explore the potential for future development.

    Property Features for 4640 University Dr

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    2017
    Buildings
    1
    Stories
    3

    HighLights

    • $6,200,000 asking price.
    • Three‑story, 2017‑built office building in Davie, FL.
    • Located near FLL Airport, Turnpike, I‑95, and I‑595.
    • Features 27 individual offices, two conference rooms, two kitchens, and five bathrooms.
    • Includes 44 parking spaces and two EV chargers.
    • Currently occupied by a single tenant under a modified gross lease expiring April 2026.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Davie
    County
    Broward
    State
    Florida
    Longitude
    -80.2517364
    Latitude
    26.0631339

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    FAQs

    What type of property is this?
    Office Property / Space - Modern Office Building, Prime Location, High ROI
    Where is this office property / space located?
    The property is located at 4640 University Dr Davie, FL.
    What is the asking price?
    The asking price for this property is $6,200,000.
    What are key features of this property?
    This property features: $6,200,000 asking price.; Three-story, 2017-built office building in Davie, FL.; Located near FLL Airport, Turnpike, I-95, and I-595.
    Request Owner's contact information
    4640 University Dr Davie, FL 33328
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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
    4640 University Dr Davie, FL 33328
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