Financial
Distress signals
Property profile

1505 N University Dr Coral Springs, FL 33071

FOR SALE
Office buildings
Property ID
US18-4119242
22,925 SF 1 ac lot Built 1988
Last sale May 2016
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1505 N University Dr, Coral Springs, FL 33071 For Sale
$6,700,000 22,925 SF
1505 N University Dr, Coral Springs, FL 33071
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Property summary

AI-generated overview

Freestanding medical office building located on University Drive in Coral Springs, set on just over 1 acre of land and containing 22,925 square feet across four stories. The ground floor provides 5,214 square feet of medical office space. The second floor was configured as a full surgical suite with overnight recovery capabilities and includes medical surgical space totaling approximately 7,300 square feet. The third floor contains two suites, each approximately 2,000 square feet. The fourth…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$82k
Tax billed · 2023
Assessed value$3.50M
Assessed land$654k
Assessed improvement$2.84M
Effective rate2.35%

Value estimate

· Sep 2026
$6.18M
$5.56M – $6.79M
CAP approach$7.43M
Submarket $/SF estimate$6.43M
NOI build-up
Gross scheduled income$3.46M
Vacancy & credit loss−$152k
Operating expenses−$1.32M
NOI · 29.63% cap applied$1.99M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$371/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$256 – $424
Qualifying comparables5

Cap rate analysis

How does the asset earn?
29.63%
$1.99M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-2
The Community Business (B-2) District is intended primarily to provide for general commercial activity for a wide range of goods and serv...
General categoryMIXED_USE
JurisdictionBROWARD

Location intelligence

Which uses thrive at this corner?
Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center13.6
Parking Facility12.6
Kitchen & Bath12.4

Location

1505 N University Dr Coral Springs, FL 33071
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1730 University, Coral Springs, FL 33071-6029 $1,670,000 Nov 2024 7,072 SF
12510-1251 Atlantic, Coral Springs, FL 33071 $1,320,000 Jul 2023 3,949 SF
1844 University, Coral Springs, FL 33071-6031 $2,300,000 Sep 2022 9,956 SF
12540 Atlantic, Coral Springs, FL 33071-4085 $1,900,000 May 2022 3,609 SF
12464-1246 Atlantic, Coral Springs, FL 33071 $2,100,000 Apr 2022 3,609 SF
1704 University, Coral Springs, FL 33071-6090 $3,000,000 Mar 2020 18,444 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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