Joseph Edlkopf Acquires Coral Ridge Medical Center In Oakland Park For $6.1M
5310 North Dixie Highway
$6,100,000
$312/SF
Building Size
19,500 SF
Asset Type
Medical Office
Closing
Nov 25, 2025
AI
The medical office asset located at 5310 North Dixie Highway in Oakland Park is a 19,500-square-foot facility situated in a market valued for its investment opportunities. The property was sold for $6,100,000, translating to a price per square foot of $313.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $6,100,000
- Buyer: Joseph Edlkopf - 5301 N Dixie Hwy LLC
- Seller: Dr. John Bloom - Coral Ridge Outpatient Properties LLC
- Broker Representation: Benjamin Silver & Evan Fript - CBRE
- Date of Sale: 11/25/2025
- Market: Oakland Park
- Asset Size: 19,500 SF
- Price per Square Foot: $313
This transaction involved a medical office investment group led by Joseph Edlkopf, acquiring the Coral Ridge Medical Center. The acquisition indicates ongoing investor interest in South Florida’s medical office sector, with the seller being represented by CBRE’s Benjamin Silver and Evan Fript.
Pompano Beach Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.60%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93