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Property profile

5801 Margate Blvd 6221 Margate, FL 33063

OFF-MARKET
Retail space
Property ID
US18-2189811
28,434 SF 3.27 ac lot Built 1961
Last sale Apr 2007 · $3,000,000
Individually Owned Owner of record is an individual. 19-yr Hold Held for 19 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of up to approximately fifty acres of developable land intended for a large-scale, mixed-use redevelopment envisioned as a future downtown area for Margate, Florida. The site is located along the 441 Corridor in the central area of Margate and is suitable for long-term ground leasing and subsequent development. The project concept calls for construction consistent with high-quality design and construction practices, with an emphasis on sustainability design elements and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$99k
Tax billed · 2023
Assessed value$4.25M
Assessed land$997k
Assessed improvement$3.25M
Effective rate2.33%

Value estimate

· Oct 2026
$5.20M
$4.68M – $5.72M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$298/SF
Submarket average, outlier-cleaned · 134 recorded sales of this use type
Observed band · Q1–Q3$201 – $480
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
TOC-CC
JurisdictionBROWARD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency27.4
Parking Facility12.9
Pharmacy11.7

Location

5801 Margate Blvd, Unit 6221 Margate, FL 33063-2834
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6828 Atlantic, Margate, FL 33063-5045 $3,800,000 Aug 2024 35,249 SF
7150 Atlantic, Margate, FL 33063-4343 $6,933,200 Jan 2024 15,539 SF
3000 State Rd 7th, Margate, FL 33063-7002 $5,292,900 Aug 2022 15,493 SF
5400 Atlantic, Margate, FL 33063-5209 $7,200,000 Apr 2022 17,473 SF
5100 Coconut Crk, Margate, FL 33063-3913 $10,710,000 Sep 2021 22,885 SF
4600 Coconut Crk, Coconut Creek, FL 33063-3902 $6,825,000 Sep 2021 17,072 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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