1500 University DrCoral Springs, FL 33071

Property Details for 1500 University Dr

Year built

1983

Construction

CONCRETE

Property size (Sq ft)

1,260 SF

Zone code

B-2

Property type

Office properties

Property subtype

Office buildings

APN

48-41-28-AB-0101

APU

484128AB0101

Description

This exceptional Coral Springs office building, located at 1500 N University Dr, offers a variety of executive and traditional office spaces. The property, a Class B building, comprises 28,000 square feet across two stories, and features one elevator for convenient access. Currently, there are two available spaces ranging from 120 to 250 square feet, perfect for small businesses or entrepreneurs seeking immediate occupancy. The building boasts a desirable location with easy access from University Drive in Broward County, Florida (zip code 33071). Amenities include a relaxing outdoor courtyard with a fountain, creating a welcoming atmosphere for clients. The building is well-known in the Coral Springs area. Office spaces vary, including interior, windowed, and courtyard options to suit diverse preferences. Tenancy is multiple, allowing for a diverse community of businesses. Utilities are included in the rent, with electricity and water covered. This is an excellent opportunity to secure a well-appointed office space in a convenient and attractive location. The building is easily accessible and offers a professional environment. Flexible lease terms are available to accommodate various business needs. Don't miss this chance to establish your business in this thriving Coral Springs location.

• CAP approach

  CAP return

  Valuation

  6%

  $374,602

  6.5%

  $345,787

  7%

  $321,088

• Comparable approach

  Method

  Valuation

  Relative Method

  $372,229

  Geo Method

  $372,229

• Alternative Use

  Use

  Valuation

  Residential

  $428,775

  Hospitality

  $392,756

  Educational

  $326,768

  Medical

  $338,006

  Retail

  $508,306

Location Insight

City

Coral Springs

County

Broward

State

Florida

Latitude

26.2497

Longitude

-80.2541

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

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