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    238 State Road 7 Margate, FL 33063

    For Sale
    $59,500

    Turnkey operation, high-traffic location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This thriving tavern and pub located at 238 N State Road 7, Margate, FL, presents a fantastic business opportunity. The property boasts approximately 1000 square feet of interior space, complemented by an additional 400 square feet of outdoor patio area, perfect for enjoying the Florida weather. The establishment is fully equipped for immediate operation, including eight taps, a stand-up freezer, a smaller freezer, and an ice machine. Outdoor furniture is also included. A small kitchen is available, adding versatility to the business model. Detailed inventory of assets is available upon request. Currently operating successfully, this business benefits from its proximity to a major intersection, ensuring high visibility and foot traffic. The property is zoned for a 4 AM closing time, offering extended operating hours. The business model is easily managed by a sole proprietor with minimal staff, contributing to efficient operations. Low rent and operating expenses further enhance the profitability potential. This turnkey operation is ready for a new owner to step in and continue its success. This is an exceptional opportunity to acquire a well-established business in a desirable location with significant upside potential.

    Property Features for 238 State Road 7

    General Information

    Property type
    Investment properties

    Building Details

    Year Built
    1968
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Margate
    County
    Broward County
    State
    Florida
    Longitude
    -80.20433
    Latitude
    26.23244

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    FAQs

    What type of property is this?
    Investment property - Turnkey operation, high-traffic location.
    Where is this investment property located?
    The property is located at 238 State Road 7 Margate, FL.
    What is the asking price?
    The asking price for this property is $59,500.
    (954) 533-7443
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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
    238 State Road 7 Margate, FL 33063
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