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Property profile

1609 State Rd 7th 1615 Margate, FL 33063

OFF-MARKET
Retail space
Property ID
US18-4263232
13,364 SF 0.99 ac lot Built 1984
Last sale Feb 2007 · $1,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$45k
Tax billed · 2023
Assessed value$1.88M
Assessed land$429k
Assessed improvement$1.45M
Effective rate2.40%

Value estimate

· Oct 2026
$2.37M
$2.13M – $2.60M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$298/SF
Submarket average, outlier-cleaned · 134 recorded sales of this use type
Observed band · Q1–Q3$201 – $480
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
TOC-C
JurisdictionBROWARD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency53.0
Parking Facility19.7
Hotel & Motel19.4

Location

1609 State Rd 7th, Unit 1615 Margate, FL 33063-5703
County assessor Recorded deeds · 4 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7150 Atlantic, Margate, FL 33063-4343 $6,933,200 Jan 2024 15,539 SF
2333 State Rd 7th, Margate, FL 33063-5714 $2,200,000 Dec 2022 11,372 SF
3000 State Rd 7th, Margate, FL 33063-7002 $5,292,900 Aug 2022 15,493 SF
1703 State Rd 7th, Margate, FL 33063-5777 $2,725,000 Apr 2022 14,005 SF
4600 Coconut Crk, Coconut Creek, FL 33063-3902 $6,825,000 Sep 2021 17,072 SF
1200 State Rd 7th, Margate, FL 33063-2841 $6,970,000 Oct 2020 13,983 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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