1150 NW 58th Ave Margate, FL
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50 acres for a large-scale, mixed-use project in Margate.
Type:LAND
Lot size:
0.25 Acres- Added:
- Feb 6, 2025
- Days on Market:
- 454
- Last Refresh:
- Apr 5 at 11:10 pm
Property Features for 1150 NW 58th Ave
General Information
- Standard status
- Active
- Lot size
- 0.25 Acres
- Property subtype
- LAND
Listing agent Brooke Mosier
Listing office Colliers | Fort Lauderdale (954) 652-4600
Listing date Feb 6, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Fort Lauderdale
HighLights
- Up to 50 acres of developable land available for long‑term ground lease.
- Opportunity to construct Margate's future "downtown", a large‑scale, mixed‑use project.
- Located on the 441 Corridor in the heart of Margate.
- City of Margate and MCRA seeking qualified real estate developers and investors.
- Opportunity to engage in meaningful public participation.
- Project requires incorporation of sustainability design elements and construction materials.
Overview
50 Acres Developable Land Lease
Colliers, on behalf of the City of Margate, Florida, and the Margate Community Redevelopment Agency, is seeking qualified real estate developers and investors to enter into a long-term ground lease for up to fifty acres of developable land. The land is intended for the construction of Margate’s future downtown, envisioned as a large-scale, mixed-use project located on the 441 Corridor in the heart of Margate. The successful proposer will develop a plan that demonstrates an understanding of the city’s desired development concept. Proposers must demonstrate organizational and team capacity, experience with high-quality design and construction, access to capital (equity and debt), the ability to engage in meaningful public participation, a willingness to incorporate sustainability design elements and construction materials, strong and respectful relationships with state and local environmental regulatory agencies, and a track record of completing projects of a similar size and scope within a reasonable timeframe and consistent with financial projections. The City plans to launch a Request for Proposals (RFP) process in 2024.
Location Intelligence
Current Use by Public Records
Commercial land
Map
- City
- Margate
- County
- Broward
- State
- Florida
- Longitude
- -80.2064
- Latitude
- 26.2445
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FAQs
What type of property is this?
Land - 50 acres for a large-scale, mixed-use project in Margate.
Where is this land located?
The property is located at 1150 NW 58th Ave Margate, FL.
What are key features of this property?
This property features: Up to 50 acres of developable land available for long‑term ground lease.; Opportunity to construct Margate's future "downtown", a large‑scale, mixed‑use project.; Located on the 441 Corridor in the heart of Margate.
