7540 5Th StPlantation, FL 33317

Property Details for 7540 5Th St

Year built

1980

Construction

CONCRETE

Lot size

0.50 AC

Property size (Sq ft)

4,860 SF

Zone code

B-4P

Property type

Office buildings

APN

50-41-03-57-0010

APU

504103570010

Description

This exceptional free-standing commercial office building, located at 7540 NW 5th St in Plantation, Florida, presents a compelling investment opportunity. The property, built in 1980, boasts 4,860 square feet of well-maintained space across a single story. Its prime location within Plantation's medical and professional district ensures high visibility and traffic exposure, further enhanced by its proximity to the Plantation Post Office. The building has undergone recent renovations, resulting in excellent condition and attractive aesthetics. Each suite is thoughtfully designed with a private kitchenette and bathroom, offering tenants maximum convenience. Currently, the building enjoys 100% occupancy with long-term tenants, providing a stable and predictable income stream. This property is situated in Broward County, Florida, with the zip code 33317. The asking price for this turnkey investment is $1,300,000. This represents a rare opportunity to acquire a well-located, high-performing commercial property in a thriving market. The building's strong tenant base and recent renovations make it an ideal investment for those seeking a stable and appreciating asset.

• CAP approach

  CAP return

  Valuation

  6%

  $1,444,894

  6.5%

  $1,333,749

  7%

  $1,238,481

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,435,741

  Geo Method

  $1,435,741

• Alternative Use

  Use

  Valuation

  Residential

  $1,653,848

  Hospitality

  $1,514,916

  Educational

  $1,260,392

  Medical

  $1,303,739

  Retail

  $1,960,610

Location Insight

City

Plantation

County

Broward

State

Florida

Latitude

26.1278

Longitude

-80.2495

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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