1821 State Road 7 Margate, FL 33063
- Retail properties
- 3,682 SF
- 0.54 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1821 State Road 7
- Year built
- 1972
- Lot size
- 0.54 lot acres
- Property size
- 3,682 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional, fee-simple restaurant property in Margate, Florida, presents a unique investment opportunity. Located at 1821 N State Rd 7, this Class B, single-tenancy establishment boasts 3,682 square feet of interior space, complemented by an additional outdoor area. Built in 1972 and extensively renovated in 2019, the property sits on a 0.54-acre lot and offers ample parking with 40 spaces, providing a generous parking ratio. The building is zoned TOC-C and enjoys high visibility on a major thoroughfare, experiencing traffic exceeding 55,000 vehicles daily. This prime location in Broward County (APN: 48-41-25-07-0661) benefits from a strong demographic profile and low vacancy rates in the area. The asking price is $2,150,000. Seller financing may be available. This turnkey operation is ready for immediate occupancy and presents an ideal opportunity for a new restaurant concept or continued operation under the current successful model. The property's contemporary design and excellent location make it a highly attractive investment.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Margate
- County
- Broward
- State
- Florida
- Longitude
- -80.202
- Latitude
- 26.2512
