Financial
Distress signals
Property profile

6221 W Atlantic Blvd Margate, FL

FOR SALE
Office buildings
Property ID
US18-5447331
3,634 SF 0.27 ac lot Built 1991
Last sale Sep 1998 · $205,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 28-yr Hold Held for 28 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 6221 W Atlantic Boulevard in Margate, Florida is an office building situated on a 0.27-acre lot in Broward County. The building is zoned B-2 and has a total area of 3,634 square feet with a functional layout that includes typical floor space of 1,817 square feet. It is configured for office-oriented use, with suitability for professional offices, medical-related users, or service-based businesses consistent with the zoning and intended office use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$757k
Assessed land$144k
Assessed improvement$614k
Effective rate2.35%

Value estimate

· Sep 2026
$1.14M
$1.03M – $1.25M
CAP approach$1.18M
Submarket $/SF estimate$1.30M
NOI build-up
Gross scheduled income$83k
Vacancy & credit loss−$19k
Operating expenses−$16k
NOI · 4.82% cap applied$48k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$320/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$198 – $461
Qualifying comparables12

Cap rate analysis

How does the asset earn?
4.82%
$48k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
TOC-C
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 agency17.9
Parking Facility11.8
Storage Facility10.2

Location

6221 W Atlantic Blvd Margate, FL
County assessor Recorded deeds · 2 transfers 12 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6280 Atlantic, Margate, FL 33063-5129 $538,000 Mar 2025 3,311 SF
1847 Banks, Margate, FL 33063-7704 $1,075,000 Mar 2025 4,069 SF
4848 Coconut Crk, Coconut Creek, FL 33063-3904 $3,725,000 Feb 2025 4,686 SF
2121 State Rd 7th, Margate, FL 33063-5713 $1,175,000 Apr 2024 3,355 SF
1811-1813 Banks, Margate, FL 33063 $550,000 Dec 2023 2,035 SF
5640 Atlantic, Margate, FL 33063-4523 $410,000 Oct 2023 2,240 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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