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1703 N State Road 7, Margate FL 33063

Commercial Recently Sold
$2,725,000

BTC: 42.84591195

ETH: 1,432.22049363

Sold on: 2022-03-31
66 days
0 room(s)

Overview

Impeccably maintained retail plaza consisting of 3 buildings and 14 units. Multiple capital improvements recently completed and being undertaken. Little to no deferred maintenance for a new owner. 95% occupancy with easily obtainable 100% occupancy after closing. One vacant space (705 sqft) currently being used by the owner. Low expenses currently $3.57/sqft. Above average annual rent increases. 200 feet of frontage on 441. Great location in North West Broward County. 3 miles from Florida Turnpike. ~6% Caprate at asking price.

Location

Details

Type:
Commercial Sale
Parking:
Common
Year Built:
No Data
Lot:
1.08 Acres
Heating:
Central Individual A/C
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data

Highlights

Annual tax
$37,530
2020
All facts and features
  • Heating

    • Central Individual A/C

    Cooling

    • Central Individual A/C

  • Parking

    • Common

    Lot

    • Lot: 1.08 Acres

    Other Property Information

    • Parcel Number: 484125032157

    • Zoning: TOC-C

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $37,530

  • Source details

    • MLS ID: F10310286

    Other facts

    • Water Source: Public

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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: Box Real Estate LLC