Margate Mixed-Use Development
For Sale
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1491 N State Rd 7, Margate, FL
50 acres for a large-scale mixed-use project in Margate.
Property SizeContact for details
Lot Size0.39 Acres
Days on Market544
Property Features for 1491 N State Rd 7
General Information
Standard status
Active
Lot size
0.39 Acres
Property subtype
LAND
Listing Agency:
Colliers | Fort Lauderdale
(954) 652-4633
Listed By:
Mark M. Rubin
(561) 302-2511
Source:
Moodyscre
Added: Feb 6, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:38AM
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
Investment Insights
Based on property information with market context.
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 situated 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/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.
Key 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.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,521
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Frequently Asked Questions
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 1491 N State Rd 7 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.
