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Property profile & analytics

5701 University Dr Tamarac, FL 33321

  • Community centers
  • 229,695 SF
  • 20.17 lot acres
Value Estimation
Last Sale
Jul 30, 2024
$36,425,000
Location Intelligence
Property ID
US18-4247475
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.

Current Use by Public Records

  • Midway Plaza / Shopping Mall
  • La Granja / Peruvian Restaurant

Property Details for 5701 University Dr

Year built
1986
Construction
CONCRETE
Lot size
20.17 lot acres
Property size
229,695 SF
Zone code
MU-G
Property type
Community centers
APN
49-41-09-37-0010
APU
494109370010

Description

Midway Plaza, a 218,407-square-foot community shopping center, presents a compelling investment opportunity in western Broward County, Florida. Strategically located at the intersection of University Drive and Commercial Boulevard in Tamarac, this established center boasts a prime infill location within a densely populated area, with 195,000 residents residing within a 3-mile radius. Built in 1986, the center is anchored by a Publix supermarket, a key tenant since its inception. A diverse mix of junior anchors complements Publix, including Ross Dress for Less, Dollar Tree, and Five Below, ensuring a strong tenant base and consistent foot traffic. The property offers multiple suite options, ranging from a minimum of 2,323 square feet to a maximum contiguous space of 19,324 square feet. Currently, 35,354 square feet of space is available for lease, providing flexibility for various retail concepts. This well-established center in the Miami-Fort Lauderdale metro area offers a unique opportunity to capitalize on a thriving retail market. The property's strong anchor tenants, high visibility location, and substantial available space make it an attractive proposition for businesses seeking a presence in this dynamic area. The six total suites provide a variety of options for potential tenants.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Tamarac
County
Broward
State
Florida
Longitude
-80.2541
Latitude
26.1964
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
$947,218
$10,823,770
$28,072,720
$38,896,490
-
$10,823,770
$28,072,720
$38,896,490
More about this property
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