Technical
Financial
Distress signals
Property profile

701-703 State Rd 7th 7 Margate, FL 33063

OFF-MARKET
Retail space
Property ID
US18-0846086
2,193 SF 0.19 ac lot Built 1966
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1966
Construction CONCRETE
Total area 2,193 SF
Lot 0.19 ac (8,221 SF)
Zoning code TOC-C
APN 48-41-36-06-0110
UPID US18-0846086

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

701-703 State Rd 7th 7 Margate, FL 33063
Margate metro Census 20209 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$965k
CAP Approach CAP
$820k
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$880k

Owner & transaction history

since 2020
Last sale
$675,000
3 recorded transactions
2020
$675,000
2008
$375,000
2008
Price N/A

Zoning & alternative use

TOC-C · Margate, FL
Top alternative use upside
Commercial (general) $1.2M +76.6%
Warehouse, storage $920,000 +40.4%
Medical building $770,000 +17.7%

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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