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100 N State Road 7 - Plaza Las Americas 3,746 SF Retail Condo Unit Offered at $1,550,767 in Margate, FL 33063
Investment Highlights
- Layout with 1 private office, a spacious work area, and 1 restroom
- Frontage to State Road 7
- Zoned in a transit oriented corridor district allowing for office and retail use
- Unit is located on the 2nd floor and is easily accessible via elevator
- Approximately annual average daily traffic of over 55,000 vehicles
- Plenty of parking
Executive Summary
Unit 203B: Office condo available in Margate’s Plaza Las Americas! This efficient 700 +/- SQFT space in the professional building currently has an excellent office layout with 1 private office, a spacious work area, and 1 restroom. Unit is located on the 2nd floor and is easily accessible via elevator. Frontage to State Road 7 with approximately annual average daily traffic of over 55,000 vehicles. Zoned in a transit oriented corridor district allowing for office and retail use. Plenty of parking. for Contact for more information!
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Retail/office condo unit available in Margate’s Plaza Las Americas! This 3746 +/-SQFT property is an excellent opportunity in a location with plenty of traffic. Currently set up as a mattress store. This retail condo is very spacious and can be easily divided into 3 units – allowing for new owner to use a portion for their business and lease or expand other portion(s) as needed. Frontage to State Road 7 with approximately annual average daily traffic of over 55,000 vehicles. Zoned in a transit oriented corridor district allowing for office and retail use. Plenty of parking. Contact for more information. NOTE: Owner willing to include the mattress store business in purchase at no additional price (although inventory would be sold separately).
Sale Notes
Retail/office condo unit available in Margate’s Plaza Las Americas! This 3746 +/-SQFT property is an excellent opportunity in a location with plenty of traffic. Currently set up as a mattress store. This retail condo is very spacious and can be easily divided into 3 units – allowing for new owner to use a portion for their business and lease or expand other portion(s) as needed. Frontage to State Road 7 with approximately annual average daily traffic of over 55,000 vehicles. Zoned in a transit oriented corridor district allowing for office and retail use. Plenty of parking. Contact for more information. NOTE: Owner willing to include the mattress store business in purchase at no additional price (although inventory would be sold separately).
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 100-102 | 3,746 SF | Retail | $1,550,767 ($413.98/SF) | - |
Unit 100-102
| Unit Size |
| 3,746 SF |
| Condo Use |
| Retail |
| Price |
| $1,550,767 ($413.98/SF) |
| NOI |
| - |
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Unit 100-102
| Unit Size | 3,746 SF |
| Condo Use | Retail |
| Price | $1,550,767 ($413.98/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Retail/office condo unit available in Margate’s Plaza Las Americas! This 3746 +/-SQFT property is an excellent opportunity in a location with plenty of traffic. Currently set up as a mattress store. This retail condo is very spacious and can be easily divided into 3 units – allowing for new owner to use a portion for their business and lease or expand other portion(s) as needed. Frontage to State Road 7 with approximately annual average daily traffic of over 55,000 vehicles. Zoned in a transit oriented corridor district allowing for office and retail use. Plenty of parking. Contact for more information. NOTE: Owner willing to include the mattress store business in purchase at no additional price (although inventory would be sold separately).</li></ul> | |
| Sale Notes | |
| Retail/office condo unit available in Margate’s Plaza Las Americas! This 3746 +/-SQFT property is an excellent opportunity in a location with plenty of traffic. Currently set up as a mattress store. This retail condo is very spacious and can be easily divided into 3 units – allowing for new owner to use a portion for their business and lease or expand other portion(s) as needed. Frontage to State Road 7 with approximately annual average daily traffic of over 55,000 vehicles. Zoned in a transit oriented corridor district allowing for office and retail use. Plenty of parking. Contact for more information. NOTE: Owner willing to include the mattress store business in purchase at no additional price (although inventory would be sold separately).</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 30,000 SF | Typical Floor Size | 8,666 SF |
| Property Type | Office (Condo) | Year Built | 2007 |
| Building Class | B | Lot Size | 1.55 AC |
| Floors | 3 | Parking Ratio | 3/1,000 SF |
| Zoning | TOC-C - Transit Oriented Corridor - Corridor City of Margate | ||
| Total Building Size | 30,000 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 8,666 SF |
| Year Built | 2007 |
| Lot Size | 1.55 AC |
| Parking Ratio | 3/1,000 SF |
| Zoning | TOC-C - Transit Oriented Corridor - Corridor City of Margate |
Amenities
- Bus Line
- Signage
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Physician Care Centers |
-
|
Jan 0000
|
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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100 N State Road 7 - Plaza Las Americas
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