Listed by Matthews
$1,400,000
Vacant Medical Office/Retail
Details
Property Type Retail, Office
Sub Type Storefront, Traditional Office
Square Footage 4,083
Tenancy Vacant
Price per SqFt $343
Year Built 1980
Acreage 0.410
Zoning B-3
Ground Lease No
Move-In Ready Medical Office/Retail Below Replacement Cost in Prime Coconut Creek Location
Investment 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, which this property is positioned to capture.
- Infill Location: Built-out municipality with limited vacant land, supporting long-term rent growth and value appreciation.
- Near Major Development: Minutes from the $1B+ MainStreet at Coconut Creek mixed-use project, a major future demand driver.
- Established Corridor: Surrounded by national retailers and financial institutions, reinforcing commercial viability and daily traffic.
- Near Broward College: Steps from Broward College North Campus, generating daily foot traffic and demand for service tenants.
Listing Contacts
Listed by Matthews
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Zoning
B-3 CommercialRetail CommercialCommunity Shopping District
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View all 76 uses
View all 76 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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