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309 N State 7 Road, Margate, Florida 33063

Pending
$990,000
  • Beds 0
  • Baths 0
  • Sq Ft 0 Sqft
  • Visits: 3 in 293 days

Description

New to market, this freestanding established prime building is located just two blocks South of one of the busiest intersections in Broward County with a 115,000 daily car count. The retail building is configured as a restaurant with a proven revenue stream that has been established since 1978 with a loyal customer base and prime location. The lot is 100’X179 and is easily accessible off 441-St.Rd.7 and has ample parking for 26 cars. The restaurant has a seating capacity of 65 and comes with all equipment. The current tenant has a 10 year lease with two five year options and yearly 3% rent increases. The building is ADA compliant and the roof was recently siliconized and the parking lot blacktopped. Seller open to financing.Seller is licensed real estate agent.

Address Map

  • Country: US
  • State: FL
  • County: Broward
  • City: Margate
  • Zipcode: 33063
  • Street: State 7
  • Street Number: 309
  • Street Suffix: Road
  • Floor Number: 0
  • Longitude: W81° 47′ 41.4”
  • Latitude: N26° 14′ 1.5”
  • Directions: 2 Blocks South of Atlantic Blvd on 441 -St.Rd. 7
  • Street Dir Prefix: N
  • MLS Area: 3632

MLS Addon

  • Association Fee: $0
  • Close Price: $0
  • Development Status: New Construction
  • Garage Spaces: 0
  • Insurance Expense: $4,500
  • Listing Terms: Cash, Owner 2nd
  • New Taxes Expense: $0
  • Stories Total: 100
  • Tax Annual Amount: $13,600
  • Tax Year: 2022
  • Utilities: Gas Natural, Public Water, Public Sewer
  • Zoning: TOC-C

Location

Listing Updated: 2024-07-09 17:21:42

  • Property Type : E
  • Listing Type : For Sale
  • Listing ID : RX-10926565
  • Price : $990,000
  • View : Garden
  • Bedrooms : 0
  • Bathrooms : 0
  • Full Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 0 Sqft
  • Year Built : 1977
  • Lot Area : 0.41 Acre
  • Listing Status : Pending
  • Days On Market : 0
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