Property profile

5230 University Dr Ste 101d Davie, FL 33328

OFF-MARKET
Office buildings
Property ID
US18-2211042
1,073 SF Built 2005
Entity Owned 5-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1073-square-foot office condo in Davie, Florida, presents a compelling investment opportunity. Located at 5230 S University Dr, Unit 106D, this property boasts a bright and open floor plan, ideal for a variety of commercial uses. The unit features a welcoming front reception area, updated flooring, a modern bathroom, multiple private offices, dedicated meeting rooms, and a functional kitchen area. The space is well-maintained and ready for immediate occupancy. A long-term tenant has occupied the space since 2018, providing a stable income stream for the investor. The building offers ample parking for staff, clients, and visitors, ensuring convenience and accessibility. The condominium association is financially sound, with a well-funded reserve account exceeding the required amount as of July 2024. There are 45 units in total, and the association is free of pending litigation, outstanding assessments, or anticipated special assessments

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2005
Construction CONCRETE
Total area 1,073 SF
Zoning code B-3
APN 50-41-33-AA-0340
UPID US18-2211042

Cap rate & NOI

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

Location

5230 University Dr Ste 101d Davie, FL 33328-5319
Davie metro Census 70602 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$615k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$490k

Owner & transaction history

since 2021
Last sale
$315,300
5 recorded transactions
2021
$315,300
2016
Price N/A
2010
$705,000
2005
$236,500
1969
Price N/A

Zoning & alternative use

B-3 · Davie, FL
Zoning description

The B-3 District is intended to implement the commercial designation of the Town of Davie Comprehensive Plan by providing for a business area to meet the shopping and service needs of large sections of the town or metrop…

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5230 University Dr Ste 101d?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message