214 Margate Ct

Out Of Market
Recommend
Out Of Market

$2,900,000

107,639 sqft lot
214 Margate Ct Margate
Out Of Market
Recommend

1

Home61's Closings in

Margate

Amenities

Air Conditioning
Central Heat
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
Pool
N/A
Fence
N/A
Garage
N/A
Barbecue
N/A
Impact Windows
N/A

Key features

Living area
N/A
Lot size
107,639 sqft
Tax
$31,216   (2019)
$ /sqft
-
Tenant Occupied
No
Parking Space
47
Building
-
On market
1311 days
$ /sqft
-
Type
other
Year Built
1978
Unit
-
Zip Code
33063
Ref./MLS ID
A10931955

DESCRIPTION

In-place actual noi at 6.  78% cap rate.  This small bay multi-tenant property is comprised of five (5x) stable tenants with an average operating history of 20 years at the site.  The tenant mix includes essential businesses such as auto care and specialty niche services, and has remained operational throughout the pandemic.  40 year certification completed.  The site's toc-c -transit-oriented corridor zoning may allow for value-add redevelopment potential.  Great investment opportunity to own your automotive free standing building on almost 17,000 sf building, built on more than an acre lot.  Situated next to st.  Rd.  7 (441) with heavy traffic.  Geographically convenient to broward, palm beach & miami-dade counties.  In the heart of downtown margate.  Convenient access to i-95 & florida's turnpike.  


Data is provided by Miami Board of Realtors.

Public transportation

Cypress Creek
59 mins
Fort Lauderdale
59 mins
Deerfield Beach
77 mins
Pompano Beach
77 mins

Nearby School In Margate

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
2
Atlantic West Elementary School
PK-5
0.9 miles
5
Margate Middle School
6-8
0.5 miles
9
Atlantic Technical College & Technical High School
9-12
1 miles
NR
Ahavat Limud School
1-12
0.3 miles
Listed on September 24, 2020 by Elizabeth Gonzalez from Elite Team Real Estate Inc, this other is for sale. other for sale in Margate listed at $2,900,000, Reference A10931955

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