401 N State Rd 7, Margate, FL 33063

Sold Price
$2,650,000
List Price
$2,950,000
Closing Date
May 27, 2026
MLS#
B26005353
Status
CLOSED
Type
Commercial

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

Additional Information

Days on Market
46
Tax Amount
$26,398
Water Access
Building Only, Business And Building
Parcel Number
484136010580
Lot Size
23,180
Address
401 N State Rd 7, Margate
Year Built
1975

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy of Box Real Estate LLC, Contact:

Selling Office: Vista Realty.