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    5574 Sample Rd Margate, FL 33073

    For Sale
    $349,000

    Established Caribbean eatery, high traffic location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional turnkey restaurant opportunity in Margate, Florida, presents a chance to own a thriving Caribbean, West Indian, and American-style eatery. Located in a high-traffic, highly sought-after area, this family-owned business boasts a strong reputation for quality food and exceptional service. The warm and friendly atmosphere attracts both locals and tourists, creating a loyal customer base. A recent complete kitchen upgrade and overall remodeling ensures the space is modern and efficient. The current owner is willing to provide training to ensure a smooth transition and continued success. The business is already established on various online platforms, including Uber Eats and DoorDash, maximizing its reach and potential for growth. This is a 100% turnkey operation, ready for immediate income generation. Financial records will be provided upon request to qualified buyers. The property is situated at 5574 W Sample Rd, Margate, FL, and is offered at $349,000. This represents a significant opportunity for a buyer seeking a profitable and established business in a prime location. The sale includes all existing equipment and fixtures.

    Property Features for 5574 Sample Rd

    General Information

    Property type
    Investment properties

    Building Details

    Year Built
    1988
    Property Profile Location Intelligence

    Current Use by Public Records

    Lucky City Restaurant Chinese Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Margate
    County
    Broward
    State
    Florida
    Longitude
    -80.19912
    Latitude
    26.27403

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    FAQs

    What type of property is this?
    Investment property - Established Caribbean eatery, high traffic location.
    Where is this investment property located?
    The property is located at 5574 Sample Rd Margate, FL.
    What is the asking price?
    The asking price for this property is $349,000.
    (954) 450-2000
    Request Owner's contact information
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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
    5574 Sample Rd Margate, FL 33073
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