Property profile

1829 Banks Rd 1839 Margate, FL 33063

OFF-MARKET
Office buildings
Property ID
US19-0806388
6,902 SF 0.16 ac lot Built 2005
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2005
Construction CONCRETE
Total area 6,902 SF
Lot 0.16 ac (6,800 SF)
Zoning code M-1A
APN 48-42-30-33-0380
UPID US19-0806388

Cap rate & NOI

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

Location

1829 Banks Rd, Unit 1839 Margate, FL 33063-7704
Margate metro Census 20104 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$1.35M

Owner & transaction history

since 2020
Last sale
$918,000
2 recorded transactions
2020
$918,000
2006
$1.1M

Zoning & alternative use

M-1A · Margate, FL
Zoning description

The M-1A, industrial park district is intended to provide land for business and industry which expands the economic base of the City Permitted uses are intended to include those businesses and industries primarily involv…

General category INDUSTRIAL

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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