401 N State Rd 7, Margate, FL

$2,950,000

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0.53

Acres

About 401 N State Rd 7

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

Features of 401 N State Rd 7

MLS® # B26005353
Price $2,950,000
Acres 0.53
Year Built 1975
Type Commercial Sale
Sub-Type Retail
Status Closed

Community Information

Address 401 N State Rd 7
Area 3633
City Margate
County Broward
State FL

Amenities

Utilities Other
Parking Other

Interior

Heating Central Individual
Cooling Central Individual
# of Stories 1

Exterior

Roof Flat
Construction CBS

Additional Information

Zoning TOC-G
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBox Real Estate LLC

Listing Map

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