Listed By:
This listing is courtesy of RE/MAX 5 Star Realty
Address
2922 N State Road 7, Margate, FL
Price
$ 7,250,000
Property Attributes
  • MLS#A11697393
  • TypeSingle Family
  • Listing Status Active
  • CountyBroward
  • CityMargate
  • Area3522
  • Zip33063
  • Style
  • Year Built1972
  • Taxes$ 78855
  • Price$ 7,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage20714
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

This prime investment property spans 20,714 SF on a 1.32-acre lot and includes 65 parking spaces. The shopping center features a total of 12 units, currently 49.31% occupied by four tenants. There is approximately 10,500 SF available, presenting an excellent opportunity for an owner-user or additional lease-up potential. This is an exceptional investment opportunity in a prime location. For further details, please refer to the enclosed offering memorandum. Please do not disturb the tenants.

Price History
10/31/2025 Listed $7,250,000

General Features

Year Built 1972
Property Subtype Retail
County Broward
Property Type CommercialSale
Status Active
City Margate
Zoning Description TOC-C
MLS Area 3522
Lot Size Units SquareFeet
Lot Size Square Feet 57505
Tax Annual Amount 78855
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11697393
Structure Type Retail
Standard Status Active
Occupancy Type Tenant
PostalCity Margate
Legal Description MARGATE SHOPPES SUB 80-33 B TR A

Exterior Features

Lot Size Area 57505
Building Area Total 20714

Amenities

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

Property vs Single Family Average in 33063

Price
AVG $490K
$7.25M
Taxes
AVG $6,773
$78,855
Year Built
AVG 1978
1972

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