1821 State Road 7, Margate, FL 33063
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.