Financial
Distress signals
Property profile

1759 Banks Rd Margate, FL 33063

OFF-MARKET
Warehouses
Property ID
US18-2526889
1,642 SF 0.04 ac lot Built 2005
Last sale Oct 2024 · $420,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1,642 square foot warehouse flex space, built in 2005, is located in the well-maintained Banks Business Park in Margate, Florida (33063). The property boasts 22-foot ceilings, a concrete roof, and a large bay roll-up door, making it ideal for a variety of businesses. The single-story building includes a half bath and an open work area, perfect for both storage and operations. Two assigned parking spaces are provided, along with ample guest parking. The M-1A zoning allows…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$328k
Assessed land$33k
Assessed improvement$295k
Effective rate1.97%

Value estimate

· Oct 2026
$420k
$378k – $462k
AI approach$420k

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

Recently sold

What actually traded nearby?
$419/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$210 – $607
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?
M-1A
The M-1A, industrial park district is intended to provide land for business and industry which expands the economic base of the City Perm...
General categoryINDUSTRIAL
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 agency61.7
Restaurant37.1
Dental Office30.8

Location

1759 Banks Rd Margate, FL 33063-7744
County assessor Recorded deeds · 2 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1733 Banks, Margate, FL 33063-7744 $1,375,000 Jul 2025 2,273 SF
5781 15th, Margate, FL 33063-2818 $1,035,000 Mar 2025 1,350 SF
5449 24th St, Margate, FL 33063-7774 $4,100,000 Apr 2024 1,792 SF
5451 24th, Margate, FL 33063-7775 $350,000 Sep 2023 1,460 SF
1705 Banks, Margate, FL 33063-7744 $190,000 Mar 2023 2,023 SF
1713 Banks, Margate, FL 33063-7744 $575,000 Aug 2022 2,023 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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