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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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2922 N State Road 7 , Margate, FL 33063
$7,250,000
Est. Payment: $16,111.11/mo
0 Bed
0 Bath
20714 Sqft
Status: Active | Days on site: 562
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DBRG01 - 3134747
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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.
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Highlights

Listed by John DeMarco , 954-453-1000 RE/MAX 5 Star Realty , 954-361-0000.

Property Type

Commercial Sale
Lot/Acreage
1.32

Year Built

1972

County

Broward

Area

3522

Listing ID

A11697393

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features

Zoning:TOC-C
Principal Interest
$16,111
Taxes
$6,571

Home Price

$7,250,000

Loan Details

30 yrs
%

Down Payment

20%
$1,450,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$16,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $16,111.11 $6,571.25 $0.00 $22,682.36
Yearly $193,333.33 $78,855.00 $0.00 $272,188.33
Total $5,800,000.00 $2,365,650.00 $0.00 $8,165,650.00

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.