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    100 N State Rd, Unit 7 Margate, FL

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    For Sale
    $1,367,500

    Spacious retail/office condo in high-traffic area, easily divisible.

    Property size:
    700 SF
    Lot size:
    0.19 Acres

    Property Features for 100 N State Rd

    General Information

    Size
    700 SF
    Lot size
    0.19 Acres

    Source: Total Real Estate Consultants Inc Agent Joe Pelayo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail/Office Condo in Plaza Americas

    A retail/office condo unit is available in Margate’s Plaza Las Americas. The property offers approximately 3746 square feet of space and is situated in a location with substantial traffic. Currently configured as a mattress store, the retail condo is spacious and can be divided into 3 units, allowing a new owner to use a portion for their business and lease or expand other portions as needed. The property has frontage on State Road 7, which experiences an approximate annual average daily traffic volume of over 55,000 vehicles. It is zoned in a transit-oriented corridor district, which permits both office and retail use. There is ample parking available. The owner is willing to include the mattress store business in the purchase at no additional price, although inventory would be sold separately.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Margate
    County
    Broward
    State
    Florida
    Longitude
    -80.206436
    Latitude
    26.2445263

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    FAQs

    What type of property is this?
    Retail space - Spacious retail/office condo in high-traffic area, easily divisible.
    Where is this retail space located?
    The property is located at 100 N State Rd, Unit 7 Margate, FL.
    What is the asking price?
    The asking price for this property is $1,367,500.
    What are key features of this property?
    This property features: - High-traffic location on State Road 7 with over 55,000 vehicles daily; - Spacious 3746 +/-SQFT condo unit; - Potential to divide into 3 units for flexible use (owner occupancy and/or leasing)
    (954) 224-8773
    Request Owner's contact information
    100 N State Rd, Unit 7 Margate, FL
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    Margate, FL
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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
    100 N State Rd, Unit 7 Margate, FL
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