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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1785 N State Road 7 , Margate, FL 33063
$2,250,000
Est. Payment: $5,000.00/mo
0 Bed
0 Bath
4320 Sqft
Status: Active | Days on site: 2
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DBRG01 - 3101270
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House Description

Freestanding restaurant property prominently positioned along the highly trafficked State Road 7 / US-441 corridor in Margate, Florida. The property features approximately 3,150 SF of interior space plus 1,170 SF of covered outdoor dining area with bar situated on a 23,495 SF lot with 100 feet of frontage and 34 parking spaces. Existing improvements include commercial kitchen infrastructure, hood system, walk-in cooler/freezer, indoor and outdoor bar areas, city gas service, backup generator, and newer roof installed in 2022. Strong visibility with traffic counts historically exceeding 50,000 vehicles daily. Convenient access to Florida Turnpike, I-95, surrounding retail corridors, national retailers, and dense residential communities. Zoned TOC-C (Transit Oriented Corridor – Corridor), allowing for a variety of commercial, restaurant, and retail opportunities. Currently operating as Jasmine Thai & Sushi, an established restaurant serving Margate and surrounding areas for more than 30 years, the property is well positioned for owner-user, investor, or restaurant operator.

Highlights

Listed by Nicholas Saavedra PA , 954-651-1589 RE/MAX 5 Star Realty , 954-361-0000.

Property Type

Commercial Sale

Lot/Acreage
0.54

Year Built

1972

County

Broward

Area

3632

Listing ID

A12026296

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Floor:Tile
Water:Public

Exterior Features

Lot Dimensions:100
Garage Capacity:34
Zoning:TOC-C
Sewer:Public Sewer
Parking Features:Common
Principal Interest
$5,000
Taxes
$2,241

Home Price

$2,250,000

Loan Details

30 yrs
%

Down Payment

20%
$450,000
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Monthly Price:
$5,000.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,000.00 $2,241.08 $0.00 $7,241.08
Yearly $60,000.00 $26,893.00 $0.00 $86,893.00
Total $1,800,000.00 $806,790.00 $0.00 $2,606,790.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Margate, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.