3840 Coconut Creek Pky - Office FOR SALE
Coconut Creek, FL 33066 |
$1,400,000 USD
305-905-3215
3840 Coconut Creek Pky
Coconut Creek, FL 33066
HIGHLIGHTS
- Flexible Zoning: The property is zoned B-3, allowing ~45 uses by right and ~25 more via special approval, including medical, retail, and office uses.
- Below Replacement Cost: At $1.4M for ±4,083 SF ($343/SF), the price is compelling compared to current South Florida construction costs.
- Medical Build-Out: Fully built out for medical use with specialized plumbing, enabling immediate occupancy for medical users and reducing TI costs.
- Owner-User or Investment: Suitable for owner-users or investors seeking value-add through lease-up or repositioning in a high-visibility corridor.
- Prime Visibility: Located on Coconut Creek Parkway with ±26,500 VPD, offering high-visibility frontage on a major commercial corridor.
- Medical Demand Tailwinds: South Florida’s aging and growing population drives demand for medical office and clinic space
FOR SALE DETAILS
PRICE
$1,400,000 USD
PRICE/SF
$333 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1980
SPRINKLERS
-
PARKING SPACES
22
LAND DETAILS
LAND ACRES
0.41 AC
LAND SF
17,990 SF
ZONING
B-3
APN/PARCEL ID
48-42-32-14-0010
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305-905-3215
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305-905-3215
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