1198 NW 58th Ave Margate, FL
Call to check price and availability
Up to 50 acres for a mixed-use 'downtown' project.
Type:LAND
Lot size:
0.05 Acres- Added:
- Feb 6, 2025
- Days on Market:
- 454
- Last Refresh:
- Apr 5 at 11:11 pm
Property Features for 1198 NW 58th Ave
General Information
- Standard status
- Active
- Lot size
- 0.05 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.
- Seeking qualified real estate developers and investors.
- City plans to launch a Request for Proposals (RFP) process in 2024.
- The City and MCRA are seeking a plan that demonstrates an understanding of the City’s desired development concept.
Overview
Margate Developable Land Opportunity
Colliers, representing the City of Margate, Florida, and the Margate Community Redevelopment Agency, is seeking qualified real estate developers and investors for a long-term ground lease of up to fifty acres of developable land. This 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 city plans to launch a Request for Proposals (RFP) process in 2024. 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.
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 - Up to 50 acres for a mixed-use 'downtown' project.
Where is this land located?
The property is located at 1198 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.
