Margate Retail Building Investment
401 N State Rd 7, Margate, FL
SINGLE_FAMILY - Margate, FL
Type:Retail
Property size:
7,860 SFLot size:
0.53 AcresPrice / SF:
$375/SF- Added:
- Mar 22, 2026
- Days on Market:
- 48
- Last Refresh:
- May 8 at 8:06 pm
Property Features for 401 N State Rd 7
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- TOC-G
- Parking
- 32
- Standard status
- Active Under Contract
- APN
- 484136010580
- Size
- 7,860 SF
- Lot size
- 0.53 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- HAMMON HEIGHTS SEC ONE 33-12 B LOT 6 LESS R/W AS DESC IN OR 2376/549 BLK 4 HAMMON HEIGHTS SEC ONE 33-12 B LOT 5 BLK 4
- Tax Annual Amount
- 26398
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1975
- Floors in Building
- 1
- Number of units
- 8
- Building materials
- CBS
- Roof type
- Flat
Listing agent Jason Chamely License #3180591 (954) 857-1884
Listing office Box Real Estate LLC 1500 N University Dr. Suite 243, Coral Springs, FL (954) 526-3900
Listing date Mar 22, 2026
MLS# B26005353
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime South Florida Investment Opportunity on a high‑traffic corner lot (441/Atlantic Blvd).
- Stable, long‑term tenancy with a solid mix of tenants including national brands and established local businesses.
- Easy‑to‑rent units (approximately 1,000 sqft) minimize downtime between tenants.
- Well‑managed property with minimal maintenance and carrying costs.
- New roof installed in 2022.
- Building Recertification Inspection scheduled for 2025.
Overview
This is an 8-unit freestanding retail building located in Margate, Florida. The property is situated on a 0.53-acre corner lot. The building fronts a major thoroughfare in Northwest Broward County. Each unit is approximately 1,000 square feet. The property has been under family ownership and management since 2002. The tenant mix includes the Army National Guard, Big Daddy's Pizza, Metro/TMobile, and the Margate Cobbler, which has been a tenant for over 30 years. The roof was replaced in 2022. The building recertification inspection is scheduled for 2025.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Strip malls
Map
- City
- Margate
- County
- Broward
- State
- Florida
- Longitude
- -80.206436
- Latitude
- 26.2445263
Nearby Similar for Sale
FAQs
What type of property is this?
Strip mall - Freestanding 8-unit retail building on a 0.53-acre corner lot.
Where is this strip mall located?
The property is located at 401 N State Rd 7 Margate, FL.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Prime South Florida Investment Opportunity on a high‑traffic corner lot (441/Atlantic Blvd).; Stable, long‑term tenancy with a solid mix of tenants including national brands and established local businesses.; Easy‑to‑rent units (approximately 1,000 sqft) minimize downtime between tenants.
