5300 Coconut Creek Pkwy Margate, FL 33063
- Banks
- 470 SF
- 0.40 lot acres
Current Use by Public Records
- Banks
Property Details for 5300 Coconut Creek Pkwy
- Year built
- 2004
- Construction
- CONCRETE
- Lot size
- 0.40 lot acres
- Property size
- 470 SF
- Zone code
- TOC-G
- Property type
- Banks
- APN
- 48-42-31-15-0016
- APU
- 484231150016
Description
This exceptional freestanding retail property, located at 5300 Coconut Creek Pkwy in Margate, Florida (zip code 33063), presents a unique investment opportunity. The single-tenant building boasts 1,406 square feet of total space, all currently vacant, making it ideal for immediate occupancy. Built in 2004 and renovated in 2009, the structure features a 12-foot ceiling height and ample parking with six spaces available. The property sits on a 0.4-acre lot (17,444 square feet) and benefits from a favorable 4.09 building floor area ratio (FAR). Its zoning designation is TOC-G. The strategic corner location offers exceptional visibility, situated directly in front of a bustling shopping mall on a high-traffic thoroughfare. This prime location ensures significant exposure to a large customer base, making it particularly well-suited for businesses that could benefit from a drive-through option. The property's size and configuration are well-suited for a variety of retail uses. Property taxes are $0 per square foot. This is a rare opportunity to acquire a highly visible, well-located retail space with significant potential for growth.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Margate
- County
- Broward
- State
- Florida
- Longitude
- -80.2001
- Latitude
- 26.2441
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA