Property summary
This exceptional mixed-use property, located at 5415 NW 15th St Unit 16, Margate, FL, presents a unique investment opportunity. Boasting 1,030 square feet of versatile space on a 0.02-acre lot, this property is ideal for a variety of businesses. The interior features a generous layout, perfect for both storage and operational needs. A key highlight is the inclusion of a roll-up door equipped with an electric motor, ensuring convenient loading and unloading of goods. The high ceilings, measuring 17 feet, provide ample vertical space, maximizing storage capacity and creating a sense of openness. The property's strategic location in Margate offers easy access to North State Road 7, providing excellent connectivity to major transportation routes and enhancing its overall accessibility. This flex-space design allows for adaptable use, catering to a wide range of commercial ventures. The asking price for this well-situated and functional property is $345,000. This represents a compelling opportunity to acquire a versatile commercial space in a thriving location. Don't miss out on this chance to own a piece of Margate's commercial landscape.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
The M-1 light industrial district is intended to provide for light manufacturing and heavy commercial uses for large corporations as well as small entrepreneurs in multitenant warehouse space
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Margate, FLThe M-1 light industrial district is intended to provide for light manufacturing and heavy commercial uses for large corporations as well as small entrepreneurs in multitenant warehouse space
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M-1 in Margate, FL.
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Find the owner behind the property.
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