Retail Space with Expansion
6301 W Atlantic Boulevard West Side, Margate, FL 33063
For Sale
Contact for pricing
Retail and office space is available, with an adjoining area that can enlarge the premises.
Property Size8,033 SF
Price / SF$2.06
Days on Market38
Property Features for 6301 W Atlantic Boulevard West Side
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Building Details
Year Built
Listing Agency:
Heart Property Mngt & Rlty Inc
Listed By:
David Healey · License #0490778
(954) 610-7203
Source:
Wycliffecommunityrealty
Added: Oct 1
Changed: Nov 6
Last Checked: Nov 6 at 6:17PM
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 Heart Property Mngt & Rlty Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Retail and office space at 6301 W Atlantic Boulevard in Margate totals 6,624 square feet. An additional 1,409 square feet can be incorporated, bringing the combined area to 8,033 square feet. The building dates to 1987.
Key Highlights
- 6,624 square feet of retail and office space
- Option to add 1,409 square feet, for a combined 8,033 square feet
- Building constructed in 1987
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$135,832
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,716,640
$2.7M
Cap Rate 7%
$1,940,457
$1.9M
Cap Rate 9%
$1,509,244
$1.5M
Market Conditions
NOI Build-Up for 8,033 SF
Gross rent
$212.1K $26.40/SF
− Vacancy
−$18.0K −$2.24/SF
EGI
$194.0K $24.16/SF
− OpEx
−$58.2K −$7.25/SF
NOI
$135.8K $16.91/SF
Area
Broward County, FL
Vacancy
8.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,716,640
Cap Rate 7%
$1,940,457
Cap Rate 9%
$1,509,244
Alternative Uses
Best Use
Retail
$1.94M
$1.70M – $2.26M
NOI $135,832 @ 7.0% cap · market cap 820.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.08M
$3.57M – $4.75M
NOI $285,284 @ 7.0% cap · market cap 1,722.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,203
Businesses Nearby
Explore this area
Business Placement
Demographics for 33063, FL
56,296
Population
27,019
Households
2.1
Avg Household Size
45
Median Age
28%
College-Educated
89%
High-School Grad
8.2 sq mi
ZIP Area
6,865
Density / Sq Mi
$62,930
Median Household Income
$38,038
Median Earnings
$1,790
Median Rent
$270,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Broward County, FL
Properties on Market for Retail space in Broward County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail and office space is available, with an adjoining area that can enlarge the premises.
Where is this retail space located?
The property is located at 6301 W Atlantic Boulevard West Side Margate, FL.
What are key features of this property?
This property features: 6,624 square feet of retail and office space; Option to add 1,409 square feet, for a combined 8,033 square feet; Building constructed in 1987
