Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5483 west atlantic blvd Margate, FL 33063

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Retail property available for sale.

    Type:Retail
    Added:
    Sep 11, 2024
    Days on Market:
    583
    Last Refresh:
    Mar 17 at 1:26 pm

    Property Features for 5483 west atlantic blvd

    General Information

    Standard status
    Active
    Property subtype
    Retail

    We can help!

    Listing Contact
    Clarisse Carbonell

    Listing agent Clarisse Carbonell License #3192138

    Listing office Florida Realty of Miami Corp

    Listing date Sep 11, 2024

    Source Crexi

    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 Florida Realty of Miami Corp

    Overview

    Retail Property For Sale

    This retail property is available for sale. Please note that the liquor inventory is not included in the listing price and will be priced separately at closing. A Non-Disclosure Agreement is required to obtain further information about the business. Prospective purchasers must provide proof of pre-qualification before receiving business details.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Similar Places Nearby

    • la mini market — 6882 W Atlantic Blvd, Margate, FL 33063
    • International Supermarket — 6091 w atlantic blvd, margate, fl 33063
    • Fresh Fish By Brother-Meat and Seafood Market — 6508 W Atlantic Blvd, Margate, FL 33063
    • Mercado Latino International Market — 6083 W Atlantic Blvd, Margate, FL 33063

    Map

    City
    Margate
    County
    Broward
    State
    Florida
    Longitude
    -80.2096
    Latitude
    26.252

    Nearby Similar for Sale

    • $150,000

      Established Fabrication Business Opportunity

      Profitable fabrication business serving home improvement and remodeling market.
      5301 NW 15 ST, Margate, FL 33063
      View Details
    • $129,900
      1,100 SF

      Penthouse with Water Views

      Two-bedroom penthouse with water views and community amenities.
      7320 Lake Circle Drive 407, Margate, FL 33063
      View Details
    • $1,367,500
      700 SF

      Retail/Office Condo in Plaza Americas

      Spacious retail/office condo in high-traffic area, easily divisible.
      100 N State Rd 7, Margate, FL
      View Details
    • $1,900,000

      Turnkey Asian Restaurant For Sale

      Turnkey Asian restaurant with recent renovations, seating inside and outside.
      1821 N State Road 7, MARGATE, FL, 33063-5707
      View Details
    • $4,000,000
      11,169 SF

      Freestanding CVS Pharmacy For Sale

      Absolute Net Leased CVS Pharmacy in Margate, Florida.
      255 S State Rd 7, Margate, FL 33068
      View Details
    • $2,600,000
      6,466 SF

      New Retail Plaza on US-441

      New retail plaza with high visibility and traffic.
      2401-2403 N State Rd 7, Margate, FL
      View Details
    • $7,250,000
      20,714 SF

      Margate Shopping Center For Sale

      20,714 SF shopping center with lease-up potential.
      2922 N State Road 7, MARGATE, FL, 33063-5700
      View Details
    • $1,000,000
      3,634 SF

      Margate Office Building For Sale

      Well-positioned office building in the heart of Broward County.
      6221 W Atlantic Boulevard, Margate, FL 33063
      View Details
    • $7,647,059
      5,943 SF

      NNN Ground Lease Wawa Property

      Absolute NNN ground lease with investment-grade tenant Wawa.
      2000 N State Rd 7, Margate, FL
      View Details
    • $349,000

      Turnkey Restaurant Opportunity For Sale

      Profitable Caribbean, West Indian, and American restaurant in high-traffic location.
      5574 W Sample Road, Margate, FL 33073
      View Details
    • $5,200
      900 SF

      Storefront on High-Traffic Corner

      Storefront office/retail space on corner of Atlantic and State.
      525 N State Road 7, Margate, FL 33063
      View Details
    • $16,000,000
      36,637 SF

      Two-Building Portfolio Near Turnpike

      Two 36,637 SF buildings on 10 acres near Turnpike.
      777 S State Rd 7, Margate, FL
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Retail property available for sale.
    Where is this grocery and convenience store located?
    The property is located at 5483 west atlantic blvd Margate, FL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Liquor inventory is not included in the listing price.; The price for the Liquor inventory is to be determined at closing time and is sold and priced separately.; Non Disclosure Agreement required prior to obtaining information about the business.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Clarisse Carbonell
    Real Estate License ID: 3192138
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!