5701 University Dr, Unit 5881, Tamarac, FL 33321-4635
- Community centers
- 229,695 SF
- 20.17 lot acres
Current Use by Public Records
- Community centers
Property Details for 5701 University Dr
- Year built
- 1986
- Construction
- CONCRETE
- Lot size
- 20.17 lot acres
- Zone code
- MU-G
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 49-41-09-37-0010
- APU
- 494109370010
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 22, 2025 | — | So Mipway Plaazaa Jv LLC | — | Deed · related | $85M · Equitable Fincl Life Ins Co Of America |
| Jul 30, 2024 | $36,425,000 | Mid Way Plaza Jv LLC | Ddrm Midway Plaza LLC | Special Warranty Deed | — |
| Mar 7, 2024 | $3,513,400 | Cl Shops At Midway Fl LLC | Ddrm Midway Plaza LLC | Special Warranty Deed | — |
| Mar 7, 2024 | $3,744,600 | Cl Shops At Midway Fl LLC | Ddrm Midway Plaza LLC | Special Warranty Deed | — |
| Jul 3, 2017 | — | Ddrm Midway Plaza LLC | — | Grant Deed · related | $213.2M · Morgan Stanley Bk |
| Jul 3, 2007 | — | Ddrm Midway Plaza LLC | Inland Southeast Midway LLC | Special Warranty Deed | $885M · Wachovia Bank NA |
| — | — | Inland Southeast Midway LLC | — | Deed Of Trust · related | $15.6M · John Hancock Life Insurance Co |
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 Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $36,425,000
- ML approach
- $36,425,000
Get a detailed, property-specific estimation — fast and free
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
