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5310 North Dixie Highway

Joseph Edlkopf Acquires Coral Ridge Medical Center In Oakland Park For $6.1M
SOLDMedical Office

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.

Players

Benjamin Silver

CBRE

Broker

$255.5M

vol

36 deals

Broker

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