Property profile

5612 8th St Margate, FL 33063

OFF-MARKET
Office buildings
Property ID
US19-0632675
1,575 SF 0.15 ac lot Built 1972
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1972
Construction CONCRETE
Total area 1,575 SF
Lot 0.15 ac (6,749 SF)
Zoning code TOC-CC
APN 48-41-36-06-0450
UPID US19-0632675

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Logistics Company

Location

5612 8th St Margate, FL 33063-4519
Margate metro Census 20103 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
$510k
Comparable Approach Comparable
$717k
Blend (final) Blend
$925k

Owner & transaction history

since 2020
Last sale
$630,000
3 recorded transactions
2020
$630,000
2005
$480,000
1989
$145,000

Zoning & alternative use

TOC-CC · Margate, FL
Top alternative use upside
Commercial (general) $830,000 +64.6%
Warehouse, storage $660,000 +30.9%
Medical building $555,000 +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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