401 N State Rd 7, Margate, FL
401 N State Rd 7, Margate, FL
401 N State Rd 7, Margate, FL
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$2,950,000
Est. payment /mo
7,860 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 7,860 sqft

Price per Sqft $375

MLS Listing ID B26005353

Construction Status Resale

HOA Y/N No

Year Built 1975

Annual Tax Amount $26,398

Tax Year 2025

Lot Size 0.530 Acres

Acres 0.53

Property Sub-Type Retail

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 2022. Building Recertification Inspection 2025

Location

State FL

County Broward

Area 3633

Zoning TOC-G

Interior

Interior Features InteriorFeatures

Heating Central, Individual

Cooling Central Air

Flooring Other

Fireplace No

Exterior

Parking Features Other

Utilities Available Other

Water Access Desc Multiple Meters,Public

Roof Type Flat

Accessibility Accessibility Features

Total Parking Spaces 32

Building

Dwelling Type Retail

Story 1

Sewer Public Sewer

Water Multiple Meters, Public

Structure Type Block

New Construction No

Construction Status Resale

Others

Tax ID 484136010580

Security Features Other

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/401-N-State-Rd-7-Margate-FL/unbranded


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BeachesMLS, Inc. (FLR) IDX
Listed by Jason Chamely Box Real Estate LLC

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Alan Brandfon

Alan Brandfon

+1(561) 212-8808

REALTOR® | License ID: 3261084

REALTOR® License ID: 3261084

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