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    OFF-MARKET
    Retail properties & Spaces

    1821 State Road 7, Margate, FL 33063

    3,682 SF 0.54 ac lot Built 1972
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1972
    Total area 3,682 SF
    Lot 0.54 ac (23,522 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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