Retail in 2922 N State Road 7 Margate for sale with MLS# A11697393
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.
2922 N State Road 7, Margate, FL 33063
Price
- Price:
- $7,250,000.00
- Original List Price:
- $7,250,000.00
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Retail
- MLS Number:
- A11697393
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- November 20, 2024 4:31 pm
Measures
- Built-Up Area:
- 20,714 Sqft
- Lot Area:
- 57,505 Sqft
- Lot Size Unit:
- Square Feet
Property Features
- Waterfront:
- No
Construction
- Year Built:
- 1972
- Structure Type:
- Retail
Taxes and Expenses
- Tax Annual Amount:
- $78,855.00
Parking
- Covered Spaces:
- 0
Community
- Senior Community:
- No
Terms
- Occupant Type:
- Tenant
- Lease Considered:
- No
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
Listing History
- Originally published on:
- November 20, 2024 4:31 pm
- Active on the market since:
- November 20, 2024
- Price change occurred on:
- November 20, 2024 4:30 pm
- Listing Status Last Changed On:
- November 20, 2024 4:31 pm
- Photos updated on:
- February 27, 2026 10:54 pm
- Last Modified:
- February 28, 2026 2:00 am
Additional Information
- Flood Zone:
- X
- Subdivision Number:
- 2
- Courtesy of:
- RE/MAX 5 Star Realty
- Attribution:
- Not provided
Location
- Street Name:
- State Road 7
- Street Number:
- 2922
- City:
- Margate
- State:
- Florida
- Zip Code:
- 33063
- County:
- Broward
- Latitude:
- N26° 15' 44.6''
- Longitude:
- W81° 47' 54.4''
- Street Direction Prefix:
- N
Property Map
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$62,930
Median Home Value
$270,100
Median Rent
$1,790/mo
Median Age
45
Population
55,539
Air Quality
Source: AirNow.gov · Broward County
🌬️ Air Quality Index (AQI)
32
Good
☀️ O3
22
Good
🫁 PM2.5
32
Good
💨 PM10
8
Good
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