5415 15th St Ste 1, Margate, FL 33063-3712
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Margate, FLMargate. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.