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401 N State Rd 7

Margate, FL

Listing Details

  • $2,950,000
  • MLS# B26005353
  • Type Commercial - Business
  • Status Active
  • 7,860
    Square Feet
  • 0.530 acres
    Lot Size
  • 1975
    Year Built

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... Read more and carrying costs. Roof 2022. Building Recertification Inspection 2025

Key Features

No amenity information available.

View All Features
401 N State Rd 7
Margate, FL 00000
County
Broward

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Commercial - Business
  • Cooling: Central Individual
  • Days on Site: 42
  • Exterior: CBS
  • Heating: Central Individual
  • Lot Size: 0.53 Acres
  • Parcel#: 484136010580
  • Parking Notes: Other
  • Roof Type: Flat
  • Sewer: Public Sewer
  • Stories: 1.0
  • Structure Type: Retail
  • Taxes: $26,398
  • Units: 8
  • Utilities: Other
  • Utilities: Other
  • Water: Public
  • Year Built: 1975