3784 124Th AveCoral Springs, FL 33065

Property Details for 3784 124Th Ave

Year built

2004

Construction

CONCRETE

Lot size

0.03 AC

Property size (Sq ft)

1,677 SF

Zone code

IRD

Property type

Office properties

Property subtype

Office buildings

APN

48-41-18-AE-0110

APU

484118AE0110

Description

This exceptional 1,677 square foot office/warehouse condo is situated in the desirable Horizon Center within Coral Springs Corporate Park, offering convenient access to the Sawgrass Expressway. The property, identified by APN 484118AE0110, is a single-tenant unit within a larger building, featuring a two-story design ideal for a blend of office and storage needs. The ground floor boasts a 10'W x 10'H roll-up garage door, providing easy access for loading and unloading. Built-in hurricane protection is a significant advantage, including hurricane shutters on the first floor and impact glass windows on the second floor, ensuring peace of mind. The second floor, accessible via an internal staircase, is well-suited for an open office space, offering flexibility for various business configurations. The property is zoned IRD (Industrial, Research and Development), aligning with a range of potential uses. Utilities are metered, and sales tax is the responsibility of the tenant. This turnkey solution presents a compelling opportunity for businesses seeking a functional and secure workspace in a prime Coral Springs location. The property is designated as a single suite within a larger building with a total of one building suite.

• CAP approach

  CAP return

  Valuation

  6%

  $475,763

  6.5%

  $439,166

  7%

  $407,797

• Comparable approach

  Method

  Valuation

  Relative Method

  $495,419

  Geo Method

  $495,419

• Alternative Use

  Use

  Valuation

  Residential

  $544,566

  Hospitality

  $498,819

  Educational

  $415,012

  Medical

  $429,285

  Retail

  $645,574

Location Insight

City

Coral Springs

County

Broward

State

Florida

Latitude

26.2769

Longitude

-80.292

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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