5850 Coral Rdg Dr Ste 103b Coral Springs, FL 33076-3395
- Office buildings
- 610 SF
- 0.01 lot acres
Current Use by Public Records
- Office buildings
Property Details for 5850 Coral Rdg Dr Ste 103b
- Year built
- 2007
- Construction
- CONCRETE
- Lot size
- 0.01 lot acres
- Property size
- 610 SF
- Zone code
- B-3
- Property type
- Office buildings
- APN
- 48-41-05-AA-0031
- APU
- 484105AA0031
Description
This exceptional 5,837-square-foot Class A office condo is located at 5850 Coral Ridge Dr #201, Coral Springs, FL 33076. Built in 2007, this turnkey property is currently vacant and offers a flexible layout suitable for various uses, including traditional, medical, or creative office spaces. The unit features numerous private offices and open bullpen areas, providing ample space for a growing business. Priced at $1,450,000, this property presents a significant opportunity for owner-occupiers or investors seeking a prime location in a thriving community. The property is zoned B-3 and benefits from its strategic location in Coral Springs, offering easy access to major highways and surrounded by numerous amenities such as Publix, Walmart, and Dunkin'. Coral Springs is known for its family-friendly atmosphere, excellent schools, and abundant recreational opportunities, including well-maintained parks and a vibrant arts and culture scene. The city's strong sense of community, diverse dining options, and proximity to Fort Lauderdale and beaches make it an ideal location for both employees and clients. This investment opportunity combines a high quality of life with a supportive business community and modern infrastructure. A virtual tour is available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $185,000
- 6.5%
- $195,000
- 7%
- $205,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $205,000
- Geo Method
- $185,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $190,000
- Retail
- $180,000
- Mixed-Use
- $205,000
- Hospitality
- $195,000
- Educational
- $205,000
- Residential Income
- $205,000
- Energy
- $220,000
- Income-Based Land
- $175,000
- Food Service
- $160,000
Location Insight
- Map
- Local Demand
- City
- Coral Springs
- County
- Broward
- State
- Florida
- Longitude
- -80.2821
- Latitude
- 26.3036
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA