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Property profile & analytics
OFF-MARKET
Specialty properties

167-227 State Road 7 Margate, FL 33068

43,798 SF 2.72 ac lot Built 1957
Property ID
Property summary
AI-generated overview

This exceptional 43,798 square foot retail property, located at 167-227 S State Rd 7, Margate, FL 33068, presents a unique investment opportunity. Situated on 2.72 acres of land, the single-story building, constructed in 1957, boasts 81 parking spaces and is conveniently located near Southgate Boulevard. Currently, 5,000 square feet of space is available for lease, ideal for a variety of uses. The property's zoning is Corridor C, and its previous use was a bar/lounge, making it perfectly suited for an event space, bar, or lounge. The property is located in the Fairgate submarket, within the governor's walk cluster. The building features multiple tenancies, offering flexibility for various business models. This prime location in Margate, Florida offers high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving community. The substantial size of the available space provides ample room for creative design and layout, catering to a wide range of business needs. This is a rare opportunity to acquire a well-positioned retail property with significant potential for growth and profitability.

Property profile
Verified
Property type Specialty properties
Year built 1957
Total area 43,798 SF
Lot 2.72 ac (118,483 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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