2333 N State Road 7 Margate, FL 33063
SOLD FOR
$1,000,000
$1,100,000
Overview
- Status: Closed
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- Parking No info
- Size: 11,372 ft2/1,056.49 m2
- Price Per: $97.00 ft2/$1,041.18 m2
- Type: Commercial/Investment
- Built: 1975
- HOA: No info
- MLS Number: RX-10234926
- View No info
- On Site: 2,068 days
- Updated: Listing Refreshed: 1927 Days Ago
MAJOR UPSIDE POTENTIAL FOR A COMMERCIAL PROPERTY IN MARGATE WITH EXPOSURE ON US-441 WITH APPROX 50,000 CARS PASSING BY PER DAY. CAN BE FOR USER AND/OR INVESTOR. 16 UNITS RETAIL/OFFICE PLAZA WITH 11,372 TOTAL SF ON 0.63 ACRES OF LAND IN A PRIME LOCATION. 5 UNITS LEASED TO LONG TERM TENANTS WITH MONTH TO MONTH LEASES IN PLACE PROVIDING FLEXIBILITY TO NEW OWNER. EXTENSIVE LIST OF USES ALLOWED (PLEASE CHECK ATTACHMENT). PRICED ALMOST AT THE BROWARD COUNTY PROPERTY APPRAISERS ASSESSED VALUE. EXCELLENT OPPORTUNITY! ALSO CRA INCENTIVES FOR FACADE IMPROVEMENT AND LANDSCAPING MAY BE AVAILABLE.
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 09/01/2016 | Sold | $1,000,000.00 | 9.1% | $87.94 ft2/$946.53 m2 |
| 05/15/2016 | Listed | $1,100,000.00 | $96.73 ft2/$1,041.18 m2 |
Contact Information
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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