For Sale - 3356 University Dr, $2,958

Located on the intersection of S University Dr and Miramar Parkway in Miramar. 2600-7000 spaces also available. Miramar Parkway

This Lease is for the 3328 Space (see Floor Plan in the pictures). This 1,420 Sq. Ft. space is being leased NNN at $25.00 / Sq. Ft. ($6.50). On the crossroads of S. University Drive and Miramar Parkway, two of the most travelled roads in Broward county, h igh daily traffic and great visibility. It is a premium space adjecent to Subway, Little Caesars and McDonalds. OUR PREMIUM SPACE

Total Acreage0.032
UsageUnimproved Business/Commercial
Zoning0
Elevation Above Sea Level
Utilities AvailableCable Tv,Electric,Sewer,Water
On-Site UtilitiesCable Tv,Electric,Sewer
Environmental AuditNone
Type of Soil
Fill Description
Type of Trees
MLS NumberA10174213
Verified10/18/2017 01:31am


Contact Sue for additional details
  • Email:
  • Phone: (321) 453 7389
  • Property ID: 10916473

Please quote reference number: when you call or email


Listing provided by FIP Realty Services, LLC. Copyright 2017 Multiple Listing Service of South East Florida and Miami Association of Realtors. All rights reserved.

3356 University Dr is a 32,568 sq ft Store, one story in Miramar. It was built in 1986. 3356 University Dr sits on 3.20 acres of land. In 2016 similar properties sold for between $3,253,869 and $6,319,820. We estimate the income value of 3356 University Dr at $9,265,943. The assumptions we used to calculate this value are include in the spreadsheet linked below. Miramar is in Broward County, Florida.

3356 University Dr Property Summary

3356 University Dr
Miramar
FL 33025

Property Size:32,568 sq ft
Acreage:3.20
Year Built:1986
Property Class:B3
Lat, Long: 25.979, -80.248
Estimated Value: 3356 University Dr

Market Data

In 2016 class A store, one story properties in Miramar sold for $194.06 to 767.12 per sq ft with a median price per sq ft of $369.03. Class B properties sold for $99.91 to 194.05 per sq ft with a median of $141.24 and class C properties sold for $28.30 to 99.90 per sq ft with a median of $95.38.

Market Valuation

3356 University Dr appears to be a B Class property. Suggested value: $4,599,904

HighMedianLow
Value6,319,820 4,599,904 3,253,869

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $9,265,943. Details of how we produced this estimate value appear below:

The following table shows a income valuation estimate for 3356 University Dr. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Amount
Monthly Rent79,710
Annual Rent per Sq Ft29.37
Gross Annual Rent956,522
Vacancies and Bad Debt15%
Vacancies and Bad Debt Amount143,478
Maintenance16,935
HOA, Utilities and CAM0
Property Taxes83,380
Insurance31,591
Management Fees32,522
NOI648,616
Cap Rate7
Estimated Value9,265,943
Edit Values and Estimate Cashflow Estimate Cashflow
Save to Google Drive (Google login required)

Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

Search County Property Tax and Court Records

Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

Local Household Income

The median household income in this part of Florida is $87,115. The bottom 10% of the population earn less than $27,136 per year. The top 10% earn more than $202,982 per year. The top 1% earn more than $512,338 per year. Most renters earn between $42,576 (20th percentile) and $72,900 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $174,230 and $217,788.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $1,506. Most renters earn between $3,548 and $6,075 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $1,076 (20th percentile) to $1,953 (80th percentile) range. The residential vacancy rate is 5%.

Links

  1. 3356 University Dr, Miramar, FL on Google Maps
  2. 3356 University Dr Walkscore
  3. Miramar, FL Property Values on Trulia
  4. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. G. Arguello, Inc (3360 S University Dr)
  2. Submasters Of Miramar, Inc. (3364 S University Dr)
  3. Autoway Inc (3364 S University Dr)
  4. Zoo Miramar LLC (3352 S University Dr)
  5. Miramar Personal Training LLC (3352 S University Dr)
  6. Pigeon Beauty Supply Inc. (3340 S University Dr)
  7. Endeavor Insurance & Financial Group Inc (3332 South University Dr)
  8. Bernadette & Doughters Inc (3328 South University Dr)
  9. Unique Credit Solutions Corp. (3320 South University Dr)
  10. Laundry Vip 01 LLC (3324 S University Dr)
  11. Laundry Vip 02 LLC (3324 S University Dr)
  12. Comprehensive Business Services 1402, LLC. (3320 S University Dr)
  13. Ed Realty And Financial LLC. (3320 S University Dr)
  14. Galaxytel, Inc. (3320 S University Dr)
  15. Secured Access Sales, Inc. (3320 S University Dr)

Sales History

DateSold BySold ToDeed TypePrice
09/01/2013 Not Recorded Not Recorded Unknown 5,100.00
03/01/2014 Not Recorded Buyer: 9528681 Unknown 14,600,000.00
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.

MLS Data

Visulate participates in My Flordia Regional, South East Florida MLS and the Brevard County Broker Reciprocity programs, allowing us to display other broker's listings on our site. Listing data supplied by other brokers is deemed reliable but not guaranteed. It is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties to buy, lease or rent.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Programs of My Flordia Regional, South East Florida MLS and Brevard County, Florida. Real estate listings held by brokerage firms other than Visulate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.