1735 Banks Rd Margate, FL 33063
Property profile & analytics
1735 Banks Rd Margate, FL 33063
- Warehouses
- 2,273 SF
- 0.05 lot acres
Property ID
US19-0161870
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 1735 Banks Rd
- Year built
- 2004
- Construction
- CONCRETE
- Lot size
- 0.05 lot acres
- Property size
- 2,273 SF
- Zone code
- M-1A
- Property type
- Warehouses
- APN
- 48-42-30-33-0180
- APU
- 484230330180
Description
This exceptional 4,500 square foot flex office/warehouse property is ideally situated in North Broward County's Margate, offering unparalleled convenience and accessibility. The unit boasts a versatile layout, currently configured with approximately 2,250 square feet of office space and the remaining area adaptable for warehouse use. The office space features two spacious private offices, a smaller reception area, and a single ADA-compliant bathroom complete with a shower. A large open bullpen area offers flexibility, potentially convertible back to warehouse space to suit a variety of business needs. The entire bay is fully air-conditioned for optimal comfort. The warehouse area itself benefits from impressive ceiling heights exceeding 20 feet, providing ample vertical storage capacity. Access is facilitated by a 12x14 grade-level overhead door, perfect for loading and unloading. Two designated parking spaces are included for added convenience. The property enjoys excellent visibility with frontage on Banks Road. This property is zoned M1-A, allowing for light industrial uses. The property is available for purchase at $795,000 and is also available for lease, with occupancy commencing March 1st, 2025. The 0.1-acre lot provides ample space for operations.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $390,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $524,000
Market price range: $240k - $622k -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $950,000 Current use
- MEDICAL BUILDING
- $800,000 Change: -16% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Margate
- County
- Broward
- State
- Florida
- Longitude
- -80.195
- Latitude
- 26.2528
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,636
$45,000
$413,050
$458,050
-
$45,000
$413,050
$458,050
