1101 Banks Rd Margate, FL 33063
- Investment properties
- 55,892 SF
- 6.40 lot acres
Current Use by Public Records
- Investment properties
Property Details for 1101 Banks Rd
- Year built
- 1986
- Construction
- CONCRETE
- Lot size
- 6.40 lot acres
- Property size
- 55,892 SF
- Zone code
- TOC-C
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 48-42-31-19-0010
- APU
- 484231190010
Description
Paramount Plaza, a single-story Class B building totaling 56,000 square feet, presents a compelling investment opportunity in Margate, Florida. Located at 1101 Banks Rd, at the high-traffic intersection of Banks Road and Coconut Creek Parkway, this multi-tenant property benefits from exceptional visibility and accessibility. Built in 1986, the building offers a mix of medical and traditional office spaces, currently featuring three available suites ranging from 1,280 to 1,630 square feet. The property's strategic location is further enhanced by its proximity to key establishments, including the Department of Motor Vehicles, a newly opened Dollar Tree, and SunEd Charter High School, ensuring a consistent flow of potential customers and employees. This prime location within the Pompano submarket, in the West Broward cluster, offers excellent potential for businesses seeking a visible and convenient presence in a thriving area. The property's classification as both retail and office space provides versatility for a range of potential tenants. The address is 1101 Banks Rd, Margate, FL 33063.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Margate
- County
- Broward
- State
- Florida
- Longitude
- -80.1954
- Latitude
- 26.2435
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
