For Sale
$6,700,000

1505 University Dr Coral Springs, FL 33071

Coral Springs medical office building, 22,925 SF

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional four-story, 22,925-square-foot medical office building in Coral Springs, Florida, presents a compelling owner-user opportunity. Located on over an acre of land with dedicated front and back parking lots, including covered parking, this Class B building boasts eight units, strategically situated on University Drive. The building, constructed in 1993, features a ground floor of 5,214 square feet of medical office space. The second floor, previously a fully equipped surgical suite with overnight recovery capabilities, encompasses 7,300 square feet. The third floor comprises two approximately 2,000-square-foot suites, while the fourth floor offers three suites ranging from 1,000 to 3,000 square feet. Four suites are currently leased, helping to offset operating costs. The property includes a substantial 60kW Kohler generator system powering the entire second floor and essential building systems. Its prime location offers convenient proximity to three major hospitals: Broward Health Coral Springs (1.5 miles), HCA Woodmont Tamarac Hospital (2.8 miles), and North West Medical Center Margate (4.5 miles). The property is zoned B2 and has a lot size of 43,625 square feet. The asking price is $6,700,000. The APN is 484128011660.

Highlights

  • Freestanding medical office building on University Drive in Coral Springs, FL.
  • 22,925 square feet on over one acre with dedicated front and back parking, including covered spaces.
  • Four-story building with 7-8 suites; ground floor features 5,214 square feet of medical office space; second floor includes a 7,300 square-foot former surgical suite with overnight recovery capabilities.
  • Conveniently located near three major hospitals: Broward Health Coral Springs, HCA Woodmont Tamarac Hospital, and North West Medical Center Margate.
  • Equipped with a 60kW Kohler generator powering the second floor and essential building systems; four suites currently leased.

Property Details for 1505 University Dr

Property type
Office properties, Medical offices
Square Feet
22,925 SF
Class
B
Year Built
1993
Buildings
1
Stories
4
Units
8

Location Insight

City
Coral Springs
County
Broward
State
Florida
Latitude
26.2496229
Longitude
-80.2525154

FAQs

What type of property is this?
Office property - Coral Springs medical office building, 22,925 SF
Where is the office property located?
The property is located at 1505 University Dr Coral Springs, FL.
What is the asking price?
The asking price for this property is $6,700,000.
What are key features of this property?
This property features: Freestanding medical office building on University Drive in Coral Springs, FL.; 22,925 square feet on over one acre with dedicated front and back parking, including covered spaces.; Four-story building with 7-8 suites; ground floor features 5,214 square feet of medical office space; second floor includes a 7,300 square-foot former surgical suite with overnight recovery capabilities.
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1505 University Dr
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