4640 University DrDavie, FL 33328

Property Details for 4640 University Dr

Lot size

0.62 AC

Zone code

GRIFFIN CORRIDOR DISTRICT

Property type

Land

Property subtype

Commercial land

APN

50-41-28-39-0010

APU

504128390010

Description

This exceptional 10,889 square foot executive office building, constructed in 2017, is strategically located in Davie, Florida, offering unparalleled access to major transportation arteries including Fort Lauderdale-Hollywood International Airport, the Turnpike, I-95, and I-595. The property sits on a 0.75-acre lot and boasts a stunning design, featuring a welcoming ground-level reception area, 27 individual offices distributed across three floors, two spacious conference rooms, two well-equipped kitchens, and five bathrooms. Ample parking is provided with 44 spaces, including two electric vehicle charging stations. The sale includes the existing tenant under a modified gross lease with two years remaining (until April 2026). The tenant is responsible for electricity and insurance costs. This presents a unique investment opportunity with a stable income stream. Furthermore, approved plans are in place for the construction of an additional, similar-sized building perpendicular to the existing structure, expanding the property's potential significantly. This expansion would utilize the southern portion of the lot, running east-west. Detailed floor plans are available upon request. The asking price for this turnkey operation is $6,200,000. This is a rare chance to acquire a high-quality, well-located office building with immediate income and significant future development potential.

• Alternative Use

  Use

  Valuation

  Residential

  $12,031,455

  Hospitality

  $11,020,748

  Educational

  $9,169,133

  Medical

  $9,484,474

  Retail

  $14,263,096

Location Insight

City

Davie

County

Broward

State

Florida

Latitude

26.0631

Longitude

-80.2516

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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