Property profile

5648 Atlantic Blvd 5 Margate, FL 33063

OFF-MARKET
Office buildings
Property ID
US18-1764429
1,755 SF Built 1979
Entity Owned 6-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Photography Service (Bike/Boat/Book/etc) Store
  • Family Recreation Center
  • Training Center Tutoring Service

Location

5648 Atlantic Blvd, Unit 5 Margate, FL 33063-4523
Margate metro Census 20103 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2020
Last sale
$165,200
7 recorded transactions
2020
Price N/A
2013
$165,200
2013
Price N/A
2011
$88,000
2009
$238,100
2000
$123,000
1969
Price N/A

Zoning & alternative use

TOC-C · Margate, FL

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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