For Sale
$505,451

5230 University DrDavie, FL 33328

1073 sqft Office Condo, Stable Tenant

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1073-square-foot office condo in Davie, Florida, presents a compelling investment opportunity. Located at 5230 S University Dr, 33328, this property boasts a bright and open floor plan, perfect for a variety of professional uses. The unit features a welcoming front reception area, updated flooring, a modern bathroom, well-appointed offices, dedicated meeting rooms, and a convenient kitchen area. Currently occupied by a long-term tenant since 2018, providing consistent income and stability. Ample parking is available for staff, clients, and visitors. The building's well-funded reserve account, exceeding operational and maintenance requirements as of July 2024, ensures financial stability and minimizes potential future assessments. The 45-unit association is in excellent standing, with no pending litigation or anticipated special assessments, and all units are current on their dues. This turnkey solution offers immediate income potential and long-term growth prospects. The property is a "Special Purpose" type. Please schedule a showing to fully appreciate this exceptional opportunity. Drive-by viewing only; please do not disturb the tenant.

Highlights

  • $505,451 asking price.
  • 1,073 square foot office condo in Davie, FL.
  • Located at 5230 S University Dr, Davie, FL 33328.
  • Special purpose property with a long-term tenant (since 2018).
  • Features updated floors, bathrooms, offices, meeting rooms, and a kitchen.

Property Details for 5230 University Dr

Property type
Specialty properties

Location Insight

City
Davie
County
Broward
State
Florida
Latitude
26.0566383
Longitude
-80.2506781
5230 University Dr, Davie, Florida

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5230 University Dr
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