Home » Margate » 2922 N State Road 7, Margate, FL 33063 | A11697393

Retail For Sale 2922 N State Road 7, Margate, FL 33063

$7,250,000

Property Highlights

Listing ID A11697393 Status of this Listing: Active For Sale Property Type Commercial Sale Retail Building Area 20,714 Sqft/1924.39 m2 approx. Lot area 57,505 Sqft/5342.39 m2 approx. Year Built 1972 Time of this property on Rebonus 25 Day(s)
  • 2922 N State Road 7 Margate MLS A11697393 Listing Photo #1

2922 N State Road 7, Margate, FL 33063

Property Description: This prime investment property spans 20,714 SF on a 1.32-acre lot and includes 65 parking spaces. The shopping center features a total of 12 units, currently 49.31% occupied by four tenants. There is approximately 10,500 SF available, presenting an excellent opportunity for an owner-user or additional lease-up potential. This is an exceptional investment opportunity in a prime location. For further details, please refer to the enclosed offering memorandum. Please do not disturb the tenants.

Commercial Sale Retail For Sale located at 2922 N State Road 7 Margate FL 33063 in Broward referenced as ID MLS # A11697393. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Original List Price:$7,250,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Structure Type:
  • Retail

Property Features

Waterfront:No

Taxes and Expenses

Tax Annual Amount:$78,855

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Terms

Occupant Type:
  • Tenant
Lease Considered:No

Community

Senior Community:No

Parking

Covered Spaces:0

More Details

Other Information:
Flood ZoneX
FEMA Flood Zone DesignationsX
Ref1095531218
Subdivision Number2

Zoning and Legal

Tax Legal Description:MARGATE SHOPPES SUB 80-33 B TR A
Real Estate Folio Number (Parcel Number):484219020010
Zoning Description:TOC-C
Public Survey Range:48
Public Survey Section:19

Listing History

Update/EventDate/Days
Published Date:November 20, 2024 4:31 pm
On Market Date:November 20, 2024
Price Change Date Time:November 20, 2024 4:30 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:November 20, 2024 4:31 pm
Status Last Changed:November 20, 2024 4:31 pm
Photos Last Modified:November 20, 2024 9:41 pm
Last Modified:November 20, 2024 9:32 pm
Days on the Market Reference Date:November 20, 2024
Days on the Market (updated on Last Modified*):0
Cumulative Days on the Market (updated on Last Modified**):0

Additional Information

Number of Photos:1
Location:,,
Included:,,
Area:3522
Courtesy of:RE/MAX 5 Star Realty
Universal Property Id:US-12011-N-484219020010-R-N

Location

Show Property Address:Yes
Street Name:State Road 7
Street Number:2922
Street Direction Prefix:N
Street Address:2922 N State Road 7
City : Margate
State : Florida
Zip Code : 33063
County : Broward
Full Address:2922 N State Road 7, Margate, FL 33063
Latitude:N26° 15' 44.6''
Longitude:W81° 47' 54.4''

Neighborhood

Postal City:Margate

Property Map