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Property profile

5615 8th St Margate, FL 33063

OFF-MARKET
Warehouses
Property ID
US18-3733781
6,349 SF 0.31 ac lot Built 1968
Entity Owned Absentee Owner ~ Est. High Equity

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1968
Construction CONCRETE
Total area 6,349 SF
Lot 0.31 ac (13,498 SF)
Zoning code TOC-CC
APN 48-41-36-06-0270
UPID US18-3733781

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.47M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.47M
Blend (final) Blend
$3.56M

Owner & transaction history

since 2026
Last sale
$3.6M
5 recorded transactions
2026
$6.2M
2022
$3.6M
2018
$2.4M
2016
$1.3M
1969
Price N/A

Zoning & alternative use

TOC-CC · Margate, FL
Top alternative use upside
Restaurant $5.3M +100.4%
Auto repair, garage $4.7M +75.3%
Neighborhood: shopping center $4.1M +56.0%

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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