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    OFF-MARKET
    Distribution centers

    5415 15th St Ste 1, Margate, FL 33063-3712

    1,030 SF 0.02 ac lot Built 1985
    Entity Owned 8-yr Hold Absentee Owner Free & Clear
    Property ID
    US18-4952915
    Property summary
    AI-generated overview

    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
    Verified
    Property type Distribution centers
    Use group DISTRIBUTION WAREHOUSE
    Year built 1985
    Construction CONCRETE
    Total area 1,030 SF
    Lot 0.02 ac (1,051 SF)
    Zoning code M-1
    APN 48-42-30-BD-0010
    UPID US18-4952915
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Blu Garage LLC · 8 yrs held
    Blu Garage LLC
    since 2017
    5 recorded transactions
    2018
    2017
    2015
    $350,000
    2012
    1969
    Zoning & alternative use
    M-1 · Margate, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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