For Sale
$6,700,000

1505 University Dr Coral Springs, FL 33071

Prime Medical Office Building, 22,925 SF

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional four-story, 22,925-square-foot medical office building presents a remarkable investment opportunity in Coral Springs, Florida. Situated on over an acre of land with ample front and rear parking, including covered spaces, this freestanding building boasts a desirable University Drive location. The property features a fully equipped 7,300-square-foot second floor, previously utilized as a surgical suite with overnight recovery capabilities, offering significant potential for owner-users. A robust Kohler 60kW generator system ensures power to the second floor and essential building systems. The ground floor encompasses 5,214 square feet of medical office space, while the third floor comprises two approximately 2,000-square-foot suites. The fourth floor offers three suites, with two totaling approximately 3,000 square feet and a third at approximately 1,000 square feet. The building's strategic location provides convenient access to major healthcare facilities, including Broward Health Coral Springs Hospital (1.5 miles), HCA Woodmont Tamarac Hospital (2.8 miles), and North West Medical Center Margate (4.5 miles). Built in 1988, this eight-unit property is offered at $6,700,000. This is a rare chance to acquire a well-positioned, versatile medical office building with significant upside potential.

Highlights

  • Exceptional four-story, 22,925-square-foot medical office building in Coral Springs, FL.
  • Over one acre of land with ample parking, including covered spaces, on University Drive.
  • Fully equipped 7,300-square-foot second floor, previously a surgical suite with overnight recovery.
  • 60kW Kohler generator powering the second floor and essential systems.
  • Ground floor: 5,214 square feet of medical office space; Third floor: two ~2,000-square-foot suites; Fourth floor: three suites totaling ~4,000 square feet.
  • Convenient access to Broward Health Coral Springs, HCA Woodmont Tamarac, and North West Medical Center Margate.

Property Details for 1505 University Dr

Property type
Office properties
Year Built
1988
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 - Prime 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: Exceptional four-story, 22,925-square-foot medical office building in Coral Springs, FL.; Over one acre of land with ample parking, including covered spaces, on University Drive.; Fully equipped 7,300-square-foot second floor, previously a surgical suite with overnight recovery.
How can I contact the broker?
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1505 University Dr
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