Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2501 N State Road 7 Margate, FL 33063

    View on Map
    For Lease
    $4,325 /Mo

    Commercial/Industrial,Commercial - Margate, FL

    Lot size:
    1.41 Acres
    Added:
    Sep 3, 2025
    Days on Market:
    211
    Last Refresh:
    Apr 1 at 2:06 pm

    Property Features for 2501 N State Road 7

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    B-3
    Standard status
    Active
    APN
    484124010020
    Lot size
    1.41 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    67844

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Joe Pelayo
    Joe Pelayo

    Listing agent Joe Pelayo License #3005451

    Listing office Total R E Consultants Inc 11760 W. Sample Road #104, Coral Springs, FL

    Listing date Sep 3, 2025

    MLS# F10524654 Listing URL

    Copyright © 2026 BeachesMLS / Matrix. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Margate Retail Space For Rent

    Located on the 2nd floor of Marquis Square, a 2-story shopping plaza with frontage to State Road 7, this unit offers approximately 2250 square feet of space. The property, identified as Unit 216, was remodeled in 2022 and previously served as part of a beauty school for over 20 years. The layout includes a welcoming reception area, two open classrooms or work areas equipped with mirrors and desk-level shelves, two private offices, two open offices or storage areas, and one restroom. Situated in a plaza with TOC-C zoning, the location supports a diverse set of businesses as long-term tenants. The unit can be converted for other approved business uses and has the potential to be combined with Unit 215, creating a total space of approximately 4,250 square feet. Tenant is responsible for a proportionate share of electric. Marquis Square is located in Margate, Florida.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Margate
    County
    Broward
    State
    Florida
    Longitude
    -80.2096
    Latitude
    26.252

    Nearby Similar for Lease

    • $2,100,000/mo

      Pristine Office/Warehouse Condo Units

      Four warehouse condo units for sale as a group.
      5453 NW 24 Street, Margate, FL 33063
      View Details
    • $24/mo

      Margate Warehouse with Office Space

      Warehouse with office, exhibit room, and high ceilings available for sublease.
      2016 NW 55th Ave, Margate, FL 33063
      View Details
    • $32/mo

      Margate Freestanding Two-Story Office Building

      Two-story office building with elevator available for sale or lease.
      513 N State 7 Road, Margate, FL 33063
      View Details
    • $1,740,000/mo

      Freestanding Office Building with Elevator

      Two-story office building with elevator for sale or lease.
      513 N State 7 Road, Margate, FL 33063
      View Details
    • Contact for pricing

      Margate Retail Space on State Road 7

      Corner retail unit in Marquis Square with high traffic exposure.
      2501 N State Road 7, Margate, FL 33063
      View Details
    • Contact for pricing

      Margate Retail Space For Lease

      Retail space in busy plaza with high traffic and visibility.
      2501 N State Road 7, Margate, FL 33063
      View Details
    • Contact for pricing

      Margate Retail Space For Rent

      Second-floor retail space in Marquis Square, Margate, Florida.
      2501 N State Road 7, Margate, FL 33063
      View Details
    • Contact for pricing

      Margate Office Space For Rent

      Professional office space in Marquis Square with high traffic exposure.
      2501 N State Road 7, Margate, FL 33063
      View Details
    • Contact for pricing

      Margate Office Space For Rent

      Professional office space available in a high-traffic shopping plaza.
      2501 N State Road 7, Margate, FL 33063
      View Details
    • Contact for pricing

      Retail Space on State Road 7

      Retail space in busy plaza with high traffic count.
      2501 N State Road 7, Margate, FL 33063
      View Details
    • Contact for pricing

      Margate Retail Space For Lease

      First-floor retail space in a high-traffic shopping plaza.
      2501 N State Road 7, Margate, FL 33063
      View Details
    • Contact for pricing

      Margate Retail Space For Rent

      Second-floor retail space in Marquis Square, ideal for beauty salon.
      2501 N State Road 7, Margate, FL 33063
      View Details

    FAQs

    What type of property is this?
    Strip mall - 2250 SF retail space in Marquis Square shopping plaza.
    Where is this strip mall located?
    The property is located at 2501 N State Road 7 Margate, FL.
    What is the lease rate?
    The lease rate is $4,325 /Mo.
    What are key features of this property?
    This property features: Remodeled in 2022.; Spacious 2250 +/- SQFT unit with a flexible layout featuring a reception area, classrooms/work areas, private offices, and storage areas.; Located on the 2nd floor of Marquis Square with frontage to State Road 7.
    (954) 341-3294
    We can help!
    Listing Contact
    Joe Pelayo
    Joe Pelayo
    Real Estate License ID: 3005451
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!