Technical
Financial
Distress signals
Property profile

2131 State Rd 7th 7 Margate, FL 33063

OFF-MARKET
Office buildings
Property ID
US19-0443152
3,418 SF 0.45 ac lot Built 1971
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1971
Construction CONCRETE
Total area 3,418 SF
Lot 0.45 ac (19,790 SF)
Zoning code TOC-C
APN 48-41-25-08-0319
UPID US19-0443152

Cap rate & NOI

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

Location

2131 State Rd 7th 7 Margate, FL 33063-5713
Margate metro Census 20206 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
$1.11M
Comparable Approach Comparable
$1.19M
Blend (final) Blend
$560k

Owner & transaction history

since 2015
3 recorded transactions
2015
Price N/A
2009
$565,000
2005
$550,000

Zoning & alternative use

TOC-C · Margate, FL
Top alternative use upside
Warehouse, storage $1.4M +30.9%
Medical building $1.2M +9.7%

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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