Technical
Financial
Distress signals
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
Entity Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1984
Construction CONCRETE
Total area 13,364 SF
Lot 0.99 ac (42,937 SF)
Zoning code TOC-C
APN 48-41-25-03-2150
UPID US18-4263232

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1609 State Rd 7th, Unit 1615 Margate, FL 33063-5703
Margate metro Census 20209 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.37M

Owner & transaction history

since 2007
4 recorded transactions
2007
Price N/A
2007
$1.7M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

TOC-C · Margate, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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