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    1735 Banks Rd Margate, FL 33063

    Sponsored
    For Sale
    $795,000

    Prime Margate location, 4,500 sq ft, lease/buy.

    Property size:
    4,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 4,500 square foot flex office/warehouse property is ideally situated in North Broward County's Margate, offering unparalleled convenience and accessibility. The unit boasts a versatile layout, currently configured with approximately 2,250 square feet of office space and the remaining area adaptable for warehouse use. The office space features two spacious private offices, a smaller reception area, and a single ADA-compliant bathroom complete with a shower. A large open bullpen area offers flexibility, potentially convertible back to warehouse space to suit a variety of business needs. The entire bay is fully air-conditioned for optimal comfort. The warehouse area itself benefits from impressive ceiling heights exceeding 20 feet, providing ample vertical storage capacity. Access is facilitated by a 12x14 grade-level overhead door, perfect for loading and unloading. Two designated parking spaces are included for added convenience. The property enjoys excellent visibility with frontage on Banks Road. This property is zoned M1-A, allowing for light industrial uses. The property is available for purchase at $795,000 and is also available for lease, with occupancy commencing March 1st, 2025. The 0.1-acre lot provides ample space for operations.

    Property Features for 1735 Banks Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,500 SF
    Lot Size
    4,356 SF

    Building Details

    Year Built
    2004
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Margate
    County
    Broward
    State
    Florida
    Longitude
    -80.19503
    Latitude
    26.25282

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Margate location, 4,500 sq ft, lease/buy.
    Where is this commercial real estate located?
    The property is located at 1735 Banks Rd Margate, FL.
    What is the asking price?
    The asking price for this property is $795,000.
    (954) 971-6775
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    1735 Banks Rd Margate, FL 33063
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    Realmo Value Estimation

    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.

    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.

    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
    1735 Banks Rd Margate, FL 33063
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