Waterfront
Address
214 Margate Ct Margate, FL
Price
$ 2,800,000
Property Attributes
  • MLS#A10931955
  • TypeCommercial
  • CountyBROWARD
  • CityMargate
  • Area3524
  • Zip33063
  • StyleIndustrial
  • Year Built1978
  • Taxes31216
  • Price$ 2,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.1 Acres
Listing Provided Courtesy Of:
Elite Team Real Estate Inc
Property Description

Great investment opportunity to own your automotive free standing building on almost 17,000 SF building, built on more than an acre lot. (7% Cap Rate) Situated next to St. Rd. 7 (441) with heavy traffic. Geographically convenient to Broward, Palm Beach and Miami-Dade Counties. In the Heart of downtown Margate. Convenient access to I-95 and Florida's Turnpike. Building currently has 5 units and can be divided into more units once leases are completed adding to your client's bottomline. 40 year recertification & environmental report available. There's a auto repair shop, a muffler shop, a body and paint shop, a transmission shop. Sale includes lifts. Easy to show. S&S Car Care Auto repair shop business also being sold separately mls number A10931885

Price History
9/24/2020 Listed $2,800,000

General Features

Cooling CentralAir
Electric Item3Phase, Item100AmpService
Flooring Concrete, Vinyl
HOA Fee 0.0
Heating Central, Electric
Levels One
MLS Area 3524
Parking Features Assigned, Common
Possible Use Automotive
Property SubType Industrial
Property Type CommercialSale
Roof Other
Sewer PublicSewer
Terms Cash, Conventional, Other
Total Units 5
Waterfront Features CanalAccess, CanalFront, IntersectingCanal
Zoning Description B-3

Interior Features

Air Conditioning Y/N Yes
Electric On Property Y/N Yes
Heating Y/N Yes

Exterior Features

Covered Spaces 0.0
Lot Size Acres 1.1
Number of Buildings 1
Total Parking 47.0
View Y/N Yes
Water Source Public
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33063

Price
AVG $920K
$2.8M
Taxes
AVG $17,636
$31,216
Visits
AVG 69
27
Year Built
AVG 1983
1978
Walkscore
AVG 67
71
Data Provided by Walkscore ® not using MLS data

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