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    5300 Hillsboro Blvd Coconut Creek, FL 33073
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    5300 Hillsboro Blvd, Coconut Creek, FL 33073

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    • Office buildings
    • 2,591 SF
    For Sale
    View Listing →
    Boulevard Professional Center: Coconut Creek For Sale
    Contact for pricing
    950 SF

    Boulevard Professional Center: Coconut Creek

    Two Medical Office Suites For Sale

    Pompano Beach, FL 33073
    View Listing
    Property ID
    US18-3156578
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 5300 Hillsboro Blvd

    Year built
    2007
    Construction
    CONCRETE
    Zone code
    O-2
    Property type
    Office buildings
    APN
    48-42-06-AC-0010
    APU
    484206AC0010

    Description

    This exceptional medical office building, located at 5300 Hillsboro Blvd in Coconut Creek, Florida, offers a fantastic opportunity for healthcare professionals seeking flexible and modern space. The property boasts a total of 4,174 square feet, with multiple tenancy options available. Currently, there are 3,002 square feet of vacant space ready for immediate occupancy. Individual suites range from a minimum of 925 square feet to a maximum contiguous space of 1,127 square feet, providing versatility for various practice sizes. The building's location in the Coconut Creek submarket of Broward County (zip code 33073) ensures high visibility and convenient access for patients. Ample parking is provided for both staff and clients, enhancing the overall convenience and appeal of this property. This is an ideal location for medical practices seeking a well-maintained, easily accessible, and professionally presented office environment in a thriving community. The property is classified as an office building with a medical office subtype. Interested parties are encouraged to inquire about lease terms and availability. This prime location in Broward County offers a unique opportunity to establish or expand your medical practice in a vibrant and accessible area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Coconut Creek
    County
    Broward
    State
    Florida
    Longitude
    -80.1962
    Latitude
    26.3166
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,663
    $84,460
    $760,120
    $844,580
    -
    $84,460
    $760,120
    $844,580

    Comparable in this City

    • Value Estimation
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      11,571 SF

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    • Value Estimation by Request
      942 SF

      5300 Hillsboro Blvd Ste 213a

      PROFESSIONAL BUILDING
      5300 Hillsboro Blvd Ste 213a, Coconut Creek, FL 33073-4397
      View Details
    • Value Estimation
      $3,000,000
      11,485 SF

      6119 Lyons Rd

      OFFICE BUILDING (MULTI-STORY)
      6119 Lyons Rd, Coconut Creek, FL 33073-4740
      View Details
    • Value Estimation by Request
      1,399 SF

      5489 Wiles Rd Ste, Unit 304

      OFFICE BUILDING
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    • Value Estimation by Request
      1,399 SF

      5485 Wiles Rd Ste, Unit 403

      OFFICE BUILDING
      5485 Wiles Rd Ste, Coconut Creek, FL 33073-4221
      View Details
    • Value Estimation by Request
      1,580 SF

      5481 Wiles Rd Ste, Unit 503

      OFFICE BUILDING
      5481 Wiles Rd Ste, Coconut Creek, FL 33073-4260
      View Details

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      1,000 SF

      Coconut Creek Office Space Available

      Office space for rent in Coconut Creek's Hillsboro Executive Park.
      4851-4855 W Hillsboro Blvd, Coconut Creek, FL 33073
      View Details
    • Contact for pricing
      950 SF

      Boulevard Professional Center: Coconut Creek

      Two Medical Office Suites For Sale
      5300 Hillsboro Blvd, Coconut Creek, FL 33073
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      16,438 SF

      Upscale Office Space in Coconut Creek

      Class A office space above upscale shopping and dining center.
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      Coconut Creek Office Space For Lease

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      750 SF

      Pompano Beach Office Space

      Office space available on State Rd 7 (US-441).
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      581 SF

      Office Space in Coconut Creek

      Office space available for lease in Coconut Creek, Florida.
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      2,300 SF

      Coconut Creek Retail/Office Space

      2,300 SF Coconut Creek retail/office space for lease.
      5450 W Hillsboro Blvd, Coconut Creek, FL 33073
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    • $1.44 SF/Yr
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      Coconut Creek Office Space For Lease

      Prime Office, 69,909 SF, High Visibility
      4400 Sample Rd, Coconut Creek, FL 33073
      View Details
    View Listing
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    Coconut Creek, FL 33073
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    5300 Hillsboro Blvd, Coconut Creek, FL, 33073
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