1560 Sawgrass Corporate PkwySunrise, FL 33323

Property Details for 1560 Sawgrass Corporate Pkwy

Year built

1999

Construction

CONCRETE

Lot size

7.45 AC

Property size (Sq ft)

98,715 SF

Zone code

B-3

Property type

Office buildings

APN

49-40-34-03-0055

APU

494034030055

Description

This Class A, 24,469 square foot office building in Sunrise, Florida, offers flexible workspace solutions. Located at 1560 Sawgrass Corporate Pkwy, 4th Floor, Fort Lauderdale, FL 33323, this Broward County property boasts 350 suites, with 5,970 square feet currently vacant. The building underwent renovations in 2019 and features elevators. Space is divisible down to 10 square feet, with a maximum contiguous space of 1,300 square feet. The property offers various configurations, including executive office suites, coworking spaces, and creative office layouts, catering to diverse business needs. Its convenient location provides easy access to I-595, ensuring quick commutes to Fort Lauderdale and the airport. The building's attractive design, ample parking, and proximity to a weekly Farmers' Market add to its appeal. This is an exceptional opportunity for businesses seeking a modern, well-maintained office space in a vibrant location. The property is ideal for multiple tenants and offers a range of sizes to accommodate various business requirements.

• CAP approach

  CAP return

  Valuation

  6%

  $22,823,618

  6.5%

  $21,067,956

  7%

  $19,563,102

• Comparable approach

  Method

  Valuation

  Relative Method

  $29,162,386

  Geo Method

  $29,162,386

• Alternative Use

  Use

  Valuation

  Residential

  $26,124,266

  Hospitality

  $23,929,686

  Educational

  $19,909,218

  Medical

  $20,593,926

  Retail

  $30,969,894

Location Insight

City

Sunrise

County

Broward

State

Florida

Latitude

26.1415

Longitude

-80.3395

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

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