401 N State Rd 7, Margate, FL
- $2,950,000
- Retail
- 0.53 Sq Ft
- B26005353
- 1975
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
Address
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Address: State Rd 7
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City: Margate
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State/county: Broward
Details
Updated on March 30, 2026 at 6:12 pm-
Property ID B26005353
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Price $2,950,000
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Land Area 0.53 Sq Ft
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Bathroom 0
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Year Built 1975
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Property Type Retail
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Property Status Commercial Sale
Additional details
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Building Area Total 7860
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Cooling CentralAir
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Days On Market 5
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DistanceToFreewayNumeric 1
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Documents Available Lease, Other
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Electric Other
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FinancialDataSource Owner
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Flooring Other
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Gross Income 251120
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Heating Central, Individual
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Internet Automated Valuation Display YN 1
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Leasable Area 8000
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ListAgentURL http://www.boxrealestate.net
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Listing Terms Cash, Conventional, Other
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Lot Size Area 23180
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Mobile Dim Units Feet
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Net Operating Income 185341
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NumberOfBuildings 2
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NumberOfSeparateElectricMeters 8
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NumberOfSeparateWaterMeters 8
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NumberOfUnitsLeased 8
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NumberOfUnitsTotal 8
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Parking Features Other
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ParkingTotal 32
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Possession CloseOfEscrow, SubjectToTenantRights
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Property Condition Resale
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Security Features Other
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Sewer PublicSewer
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ShowingContactPhone 954-857-1884
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SpecialListingConditions Standard
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Tax Annual Amount 26398
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Utilities Other
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Water Source MultipleMeters, Public
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Zoning TOC-G
Features
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Metro Realty USA copyright 2026. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we do not represent the condition of the property (or properties) in question.
