Property profile

5643 29th Stb Margate, FL 33063

OFF-MARKET
Office buildings
Property ID
US18-5210634
11,500 SF 0.3 ac lot Built 1983
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1983
Construction CONCRETE
Total area 11,500 SF
Lot 0.3 ac (12,859 SF)
Zoning code TOC-C
APN 48-42-19-CM-0010
UPID US18-5210634

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
  • Physician
  • Medical Clinic
  • Medical Clinic
  • Medical Clinic
  • Medical Clinic

Location

5643 29th Stb Margate, FL 33063-1531
Margate metro Census 20101 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
$3.73M
Comparable Approach Comparable
$2.97M
Blend (final) Blend
$1.16M

Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Zoning & alternative use

TOC-C · Margate, FL
Top alternative use upside
Warehouse, storage $4.8M +30.9%
Medical building $4.0M +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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