401 N State Rd 7, Margate, FL 00000

$2,950,000

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Property Description

Prime South Florida Investment Opportunity! Small Bay Retail Building located in Margate, Florida on 441 / Atlantic Blvd 401-417 is an 8 unit freestanding retail building fronting a major thoroughfare between in NW Broward County. The units are all around 1,000 sqft making them easy rentals with minimal downtime between tenants. The property sit on a .53 acre corner lot and has been family owned and managed since 2002. Stable long term tenancy with a solid mix of tenants including the Army National Guard, Big Daddy's Pizza, and Metro/TMobile, and the Margate Cobbler (a tenant for 30+ years). Well managed property with minimal maintenance and carrying costs. Roof was completely torn off (all layers down to tectum deck) and re-roofed 6/2022

401 N State Rd 7 | MLS# B26005353

This commercial property located at 401 N State Rd 7, Margate, FL is currently listed for sale with an asking price of $2,950,000. Search Margate real estate on www.watsonrealtycorp.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Individual
Heating: Central Individual
Lot Size: 0.53 Acres
Roof Type: Flat
Stories: 1.0
Taxes: $26,398
Year Built: 1975
Square Feet: 7,860

Feature Descriptions

Days on Site: 4
Exterior: CBS
Parcel#: 484136010580
Parking Notes: Other
Sewer: Public Sewer
Structure Type: Retail
Units: 8
Utilities: Other
Utilities: Other
Water: Public

Listed By / Shown By

Listed By

Agency Name: Box Real Estate LLC
Agency Phone: 954-526-3900

Shown By

Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193

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