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3840 Coconut Creek Pkwy
Coconut Creek, FL 33066
Asking Price
$1.40M
Asset Type
Bank Retail
Class
Class B
What's Special
Vacant Medical Office/Retail | 4,083 SF | B-3 Zoning <ul><li><strong>Flexible B-3 Community Shopping District Zoning —</strong>The property is zoned B-3 under Coconut Creek's Code of Ordinances, permitting ~45 uses by right and ~25 additional uses via special land use approval. This includes medical offices, clinics, urgent care centers, financial institutions, restaurants, general retail, professional offices, and more — giving investors and owner-users maximum flexibility for repositioning or re-tenanting. </li><li><strong>Below Replacement Co
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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
