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1759 Banks Rd, Margate FL 33063

Commercial Recently Sold
$420,000

BTC: 6.56250000

ETH: 240.54982818

Sold on: 2024-10-01
4 days
0 room(s)

Overview

Prime Opportunity Flex space in well maintained Banks Business Park! Built in 2005, this 1,642 sq.ft. warehouse flex space presents an exceptional opportunity to those looking to start or expand their operations. Ideal setting for a variety of professional & trade businesses or warehousing thanks to its M-1A zoning. Features 22-foot ceilings, Concrete Roof, Large Bay Roll-up Door, Half Bath, Open Work Area, 2 assigned parking spaces w/guest parking. This unit is surrounded by a wide range of complementary businesses including Home Improvement Contractors, Medical Suppliers, and other professional/trade services. Located just minutes from the Turnpike, I-95, & US-441 corridor for easy access to transportation routes. Nearby are Gas, Restaurants, Shopping & other Essential Business Services.

Location

Florida • Margate • 33063 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
Assigned / Guest
Year Built:
2005
Lot:
1626 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
$380

Valuation

Our model vs. what's actually selling nearby.
Estimate
$550,000
$367K – $705K
Confidence Low
List vs. estimate
$115K below estimate
List $434,900 · -20.9%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
9 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,460
HOA
$380/mo
Parking
2 spaces
All facts and features

  • Flooring

    • Concrete

  • Parking

    • Assigned

    • Guest

    Lot

    • Lot: 1626 Square Feet

    Other Property Information

    • Parcel Number: 484230330640

    • Zoning: M-1A

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Industrial

  • Other financial information

    • HOA: $380

    • HOA Frequency: Monthly

    • Annual tax amount: $6,460

  • Source details

    • MLS ID: A11647139

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: City Location / Commercial Park / Industrial Park

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33063
176
median $185K
Active
Same city
Margate
177
median $175K
Active
Same type
Commercial
15
median $1.0M
Active
Similar price
$304K – $565K
38
median $412K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX 5 Star Realty