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Property profile

100 State Rd 7th Ste 200a Margate, FL 33063

OFF-MARKET
Office buildings
Property ID
US18-1763740
800 SF Built 2007
Entity Owned 18-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional commercial property, located at 100 N State Road 7 #203A in Margate, Florida, presents a fantastic opportunity for businesses seeking a versatile and well-appointed office space. The 1.6-acre lot offers ample parking and visibility from a high-traffic location in the heart of Margate. The interior boasts approximately [Square footage - information not provided] of flexible workspace, featuring two private offices ideal for executive suites or individual departments. Multiple built-in cubicles provide ample space for open work areas, fostering collaboration and efficiency. The adaptable layout allows for easy reconfiguration to suit specific business needs, as all interior walls are partitions and can be easily moved or removed. The property benefits from convenient elevator access, ensuring easy movement throughout the building. Furthermore, the air conditioning system is brand new, installed in 2024, guaranteeing a comfortable and productive work environment. This property is perfect for a variety of businesses seeking a modern, adaptable, and conveniently located office space in a thriving area. The asking price is $230,000. Serious inquiries are encouraged.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2007
Construction CONCRETE
Total area 800 SF
Zoning code TOC-C
APN 48-41-36-AE-0060
UPID US18-1763740

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2007
1 recorded transaction
2007
$248,000

Zoning & alternative use

TOC-C · Margate, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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