Property profile

12300 Shr Blvd Wellington, FL 33414

OFF-MARKET
Office buildings
Property ID
US18-2767055
36,451 SF 2.69 ac lot Built 2001
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A, two-story medical office building, totaling 36,451 square feet, presents a rare opportunity in the heart of Wellington, Florida. Built in 2001 and renovated in 2018, Mizner Place offers multiple tenancy options within a sophisticated Mizner-style building. Available spaces range from 1,098 to 1,391 square feet, perfect for a variety of medical or office uses. The property boasts a lush courtyard with a fountain, ample parking including covered and reserved options, and 24-hour access for ultimate convenience. Its strategic location offers easy access to major thoroughfares, including the Florida Turnpike, State Road 7 (441), and the Mall at Wellington Green, ensuring high visibility and accessibility. Situated adjacent to Palm Beach Polo and minutes from Wellington Regional and Palms West hospitals, this property benefits from a high-traffic area and a strong local demographic. The building's zoning is C, and its APN is 73-41-44-15-19-002-0000. The estimated 2024 common area maintenance (CAM) charges are $13.75 per square foot, in addition to base rent. This prestigious address in the equestrian capital of the world, with its proximity to year-round equestrian events including the Winter Equestrian Festival, provides an unparalleled opportunity for businesses seeking a sophisticated and highly visible presence.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2001
Construction CONCRETE
Total area 36,451 SF
Lot 2.69 ac (117,316 SF)
Zoning code PUD
APN 73-41-44-15-19-002-0000
UPID US18-2767055

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Title Company
  • Dental Office
  • Dental Office
  • Advertising Agency Marketing & Advertising

Location

12300 Shr Blvd Wellington, FL 33414-6509
Wellington metro Census 7758 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$11.05M
Blend (final) Blend
$8.59M

Owner & transaction history

Zoning & alternative use

PUD · Wellington, FL
Zoning description

The PUD district is established to offer a residential development alternative that provides greater flexibility and encourages more design creativity than may be available under conventional development approaches. The…

General category PLANNED_DEVELOPMENT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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