1565 N Park Drive 104, Weston, FL 33326 — MLS photo

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1565 N Park Drive 104, Weston, FL 33326

Active · CommercialSale

$1,750,000

1565 N Park Drive 104, Weston, FL 33326

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
2000
Lot size
20,684 sq ft
HOA fee
—
Annual tax
—

About this property

5,486 sqft freestanding office building located at the Intercontinental Professional Center in Weston just 1.3 miles from I-75. Great investment opportunity as only 1 of 6 buildings in the campus. 1565 is divided into 5 individual suites sharing a common entry and bathrooms. The suites range from 700 square feet up to 1,225 square feet making them very desirable and easy to lease. Currently 100% occupied with mixed office and light medical.The campus features a beautiful courtyard area with fountains, ample parking, lush landscaping. 1.3 miles to I-75, 1.5 miles to Cleveland clinic campus, and close to restaurants and shops

Property location

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1565 N Park Drive 104, Weston, FL 33326

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
CommercialSale
Year built
2000
Stories
1
Lot size
20,684 sq ft

Parking

Covered spaces
0

HOA, Community & Financials

County
Broward
Days on market
509
MLS listing ID
F10500162
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$3,425

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$8,296/mo
Down payment
$437,500
Loan amount
$1,312,500
Annual NOI
$58,450

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.