Technical
Financial
Distress signals
Property profile

7431 University Dr Tamarac, FL 33321

OFF-MARKET
Medical Office Space
Property ID
US18-2355942
44,951 SF 0.38 ac lot Built 1998
Entity Owned 20-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional three-story medical office building, totaling 44,857 square feet, presents a unique investment opportunity in the thriving Tamarac, Florida market. Strategically located on the campus of HCA’s Woodmont Hospital, this property enjoys unparalleled visibility and accessibility. The building features multiple tenancies, with three fully built-out medical suites currently available, ranging in size from 1,608 to 9,122 square feet, offering flexibility for various medical practices. Its convenient location on the west side of University Drive, just north of McNab Road, ensures easy access for patients and staff. Ample parking is available, addressing a key concern for both patients and employees. The building's prime location within Broward County, coupled with its proximity to a major hospital, makes it an ideal choice for medical professionals seeking a well-established and high-traffic location. This property offers a rare combination of convenience, visibility, and functionality, making it a highly desirable asset in the competitive medical office market. The existing build-out of the suites significantly reduces the time and cost associated with tenant improvements, making it an attractive option for immediate occupancy. This is a turnkey opportunity to acquire a well-positioned medical office building in a rapidly growing area. The address is 7431 N University Dr, Tamarac, FL 33321.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1998
Construction CONCRETE
Total area 44,951 SF
Lot 0.38 ac (16,700 SF)
Zoning code PF
APN 49-41-04-39-0040
UPID US18-2355942

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Medical Clinic Hospital
  • Alternative Medicine Practice
  • Physician

Location

7431 University Dr Tamarac, FL 33321-2958
Tamarac metro Census 20419 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$6.41M

Owner & transaction history

since 2006
3 recorded transactions
2006
$9.4M
2004
$5.6M
1969
Price N/A

Zoning & alternative use

PF · Tamarac, FL
Zoning description

This district is intended to provide for educational institutions, municipal governmental facilities, and other related activities

General category CIVIC_INSTITUTIONAL

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
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