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    OFF-MARKET
    Office buildings

    5648 Atlantic Blvd 5, Margate, FL 33063-4523

    1,755 SF Built 1979
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US18-1764429
    Property summary
    AI-generated overview

    This exceptional single-tenant office space, located at 5648 W Atlantic Boulevard in Margate, Florida (zip code 33063), presents a fantastic opportunity for businesses seeking a well-appointed and conveniently situated workspace. The property, identified by APN 484136AC0050, offers a total of one suite within the building. Situated off the high-traffic intersection of Atlantic Boulevard, just east of SR7, this location ensures excellent visibility and accessibility. The interior boasts a thoughtfully designed layout, including six private offices, providing ample space for individual work or team collaboration. A welcoming reception area creates a professional first impression for clients and visitors. An open work area offers flexibility for various team configurations and workflows. A convenient kitchenette/break room provides a comfortable space for employees to take breaks and enjoy meals. Two private restrooms add to the overall convenience and privacy of the space. A floor plan is available upon request. The property is a single-tenant building, offering complete control and privacy. While the lot size is not specified, the building itself provides a substantial and functional office environment. This property is perfect for a business seeking a move-in ready, well-equipped office space in a prime Margate location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1979
    Construction CONCRETE
    Total area 1,755 SF
    Zoning code TOC-C
    APN 48-41-36-AC-0050
    UPID US18-1764429
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Fortune & Desir Group LLC · 6 yrs held
    Fortune & Desir Group LLC
    since 2020
    Last sale
    $165,200
    7 recorded transactions
    2020
    2013
    $165,200
    2013
    2011
    $88,000
    2009
    $238,100
    2000
    $123,000
    1969
    Zoning & alternative use
    TOC-C · Margate, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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