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3840 Coconut Creek Parkway

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Home/FL/Coconut Creek

3840 Coconut Creek Parkway

Coconut Creek, FL 33066
Asking Price
$1.40M
Asset Type
Storefront Retail
Class
Class B

What's Special

Move-In Ready Medical Office/Retail Below Replacement Cost in Prime Coconut Creek Location <ul><li>​<strong>Flexible Zoning:</strong><span> The property is zoned B-3, allowing ~45 uses by right and ~25 more via special approval, including medical, retail, and office uses.</span></li><li>​<strong>Below Replacement Cost:</strong><span> At $1.4M for ±4,083 SF ($343/SF), the price is compelling compared to current South Florida construction costs.</span></li><li>​<strong>Medical Build-Out:</strong><span> Fully built out for medical use with specialized plumbing, enabling immediate occupan

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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234

Location & Travel Times

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