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2800 N State Road 7 27,000 SF 100% Leased Office Building Margate, FL 33063 $7,950,000 ($294.44/SF)
Investment Highlights
- 34,505 SF building, Two Buildings
- 100% occupancy
- Zoned TOC-C
Executive Summary
Investment or Owner-User Opportunity | Medical / Professional Office 2800 N State Road 7, Margate, Florida.
Fully Leased, Medical and Office Tenants. Positioned along high-traffic State Road 7 (US-441), this well-located medical and professional office property offers an exceptional opportunity for both investors seeking stable income and owner-users looking for a strategic South Florida presence.
The property consists of two well-maintained, two-story buildings totaling approximately 34,505 square feet, situated on a ±1.69-acre site with ample surface parking. Designed to accommodate medical and professional users, the buildings feature efficient floor plates, elevator access, and flexible suite configurations suitable for a wide range of healthcare, office, and service-oriented uses. Originally constructed in 2000 and subsequently updated, the property reflects durable construction typical of medical office assets, with concrete block construction and functional building systems. Existing infrastructure supports medical use, making it ideal for continued healthcare tenancy or conversion for professional office users.
From an investment standpoint, the property benefits from strong corridor visibility, consistent demand for medical and office space, and access to a dense surrounding residential population. The site’s Transit Oriented Corridor (TOC) zoning enhances long-term value and flexibility.
For an owner-user, the property presents a rare opportunity to control a prominent corridor location with parking, signage exposure, and the ability to occupy all or a portion of the building while generating supplemental rental income from remaining suites.
Highlights:
Prime frontage on N State Road 7 (US-441)
34,505 SF across two two-story buildings
Elevator-served, medical-ready layout
Strong parking ratio with surface parking
Flexible investment or owner-user structure
TOC zoning allowing a variety of commercial uses
Centrally located within Broward County with easy regional access
Discover the vibrant surroundings of the property, located in the thriving city of Margate, FL. Positioned in the heart of Broward County, this area offers a wealth of amenities and conveniences for Office/Medical investors. Nearby, the Coral Square Mall provides an array of retail and dining options, while the Northwest Medical Center offers top-notch healthcare services. For outdoor enthusiasts, Atlantic Ocean beaches and local parks are just a short drive away. With its strategic location and bustling community, the property presents an exceptional investment opportunity in a prime South Florida locale.
Immerse yourself in the dynamic community surrounding the property, strategically situated in the vibrant city of Margate, FL. This prime South Florida location offers a variety of amenities and attractions suitable for Office Building investors. Explore nearby attractions such as the Promenade at Coconut Creek, a premier shopping and dining destination, as well as the Fern Forest Nature Center, providing a serene natural retreat. For business convenience, the property is in close proximity to major roadways, ensuring easy accessibility and visibility. With its attractive surroundings and strategic positioning, the property presents an exceptional opportunity for Office Building investment in a bustling South Florida locale.
General Site Description:
There are two buildings that are two-story each and they are both freestanding commercial/medical office building located along the high-traffic State Road 7 (US 441) corridor in Margate, directly across from HCA Florida Northwest Hospital. The building sits on approximately 1.68 acres of land and totals roughly 27,000 sq ft of medical & office space in the one building and 7505 sf building in South building. Total sf both buildings 34,505 sf
Building Exterior Characteristics:
Structure: Two-story office building with professional/medical office use.
Facade: Typical suburban commercial exterior (brick, stucco, glass entries consistent with mid-1980s medical office construction, renovated over time).
Location: Prominent position adjacent to major thoroughfare (State Road 7) with strong visibility and signage opportunity.
Parking:
The site includes surface parking of 98 parking spaces.
Fully Leased, Medical and Office Tenants. Positioned along high-traffic State Road 7 (US-441), this well-located medical and professional office property offers an exceptional opportunity for both investors seeking stable income and owner-users looking for a strategic South Florida presence.
The property consists of two well-maintained, two-story buildings totaling approximately 34,505 square feet, situated on a ±1.69-acre site with ample surface parking. Designed to accommodate medical and professional users, the buildings feature efficient floor plates, elevator access, and flexible suite configurations suitable for a wide range of healthcare, office, and service-oriented uses. Originally constructed in 2000 and subsequently updated, the property reflects durable construction typical of medical office assets, with concrete block construction and functional building systems. Existing infrastructure supports medical use, making it ideal for continued healthcare tenancy or conversion for professional office users.
From an investment standpoint, the property benefits from strong corridor visibility, consistent demand for medical and office space, and access to a dense surrounding residential population. The site’s Transit Oriented Corridor (TOC) zoning enhances long-term value and flexibility.
For an owner-user, the property presents a rare opportunity to control a prominent corridor location with parking, signage exposure, and the ability to occupy all or a portion of the building while generating supplemental rental income from remaining suites.
Highlights:
Prime frontage on N State Road 7 (US-441)
34,505 SF across two two-story buildings
Elevator-served, medical-ready layout
Strong parking ratio with surface parking
Flexible investment or owner-user structure
TOC zoning allowing a variety of commercial uses
Centrally located within Broward County with easy regional access
Discover the vibrant surroundings of the property, located in the thriving city of Margate, FL. Positioned in the heart of Broward County, this area offers a wealth of amenities and conveniences for Office/Medical investors. Nearby, the Coral Square Mall provides an array of retail and dining options, while the Northwest Medical Center offers top-notch healthcare services. For outdoor enthusiasts, Atlantic Ocean beaches and local parks are just a short drive away. With its strategic location and bustling community, the property presents an exceptional investment opportunity in a prime South Florida locale.
Immerse yourself in the dynamic community surrounding the property, strategically situated in the vibrant city of Margate, FL. This prime South Florida location offers a variety of amenities and attractions suitable for Office Building investors. Explore nearby attractions such as the Promenade at Coconut Creek, a premier shopping and dining destination, as well as the Fern Forest Nature Center, providing a serene natural retreat. For business convenience, the property is in close proximity to major roadways, ensuring easy accessibility and visibility. With its attractive surroundings and strategic positioning, the property presents an exceptional opportunity for Office Building investment in a bustling South Florida locale.
General Site Description:
There are two buildings that are two-story each and they are both freestanding commercial/medical office building located along the high-traffic State Road 7 (US 441) corridor in Margate, directly across from HCA Florida Northwest Hospital. The building sits on approximately 1.68 acres of land and totals roughly 27,000 sq ft of medical & office space in the one building and 7505 sf building in South building. Total sf both buildings 34,505 sf
Building Exterior Characteristics:
Structure: Two-story office building with professional/medical office use.
Facade: Typical suburban commercial exterior (brick, stucco, glass entries consistent with mid-1980s medical office construction, renovated over time).
Location: Prominent position adjacent to major thoroughfare (State Road 7) with strong visibility and signage opportunity.
Parking:
The site includes surface parking of 98 parking spaces.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
27,000 SF
Building Class
B
Year Built/Renovated
1975/2007
Price
$7,950,000
Price Per SF
$294.44
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
13,500 SF
Slab To Slab
10’
Building FAR
0.37
Lot Size
1.68 AC
Zoning
TOC - TOC - Transit Oriented Corridor - Corridor
Parking
80 Spaces (2.96 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- Air Conditioning
- Backup Power / Generators
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- American College Of Health & Sciences
- Educational Services
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- -
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- CMI MRI
- Professional, Scientific, and Technical Services
- -
- -
- -
- D & H Clinical
- Professional, Scientific, and Technical Services
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- -
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- Real Estate
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- -
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Evergreen Investment Corporation is a realty investment and brokerage company located in Shelbyville, Indiana. Larry S. Browning and Ronald J. Bowden are principles in Evergreen which specializes in a variety of real estate activities including: commercial real estate acquisition and disposition, asset management, real estate exchanging, land development, and consulting. Mr. Browning and Mr. Bowden have formed numerous investment partnerships over the years to acquire both value-added income properties and land in the path of progress.
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- Health Care and Social Assistance
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Universal Kidney Centers offer the best, quality hemodialysis treatment services to all End Stage Renal Disease (ESRD) patients. All of their facilities are “State of the Art,” utilizing the latest dialysis treatment technology. Their goal is to prolong every dialysis patient’s life by providing the best medical doctors, nurses and technicians, and the best quality care; encouraging patients in treatment compliance; educating the patients on renal diet with their in-house dietician and social service counseling and personal activities with their in-house social worker.
- Warehouse
- Services
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| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| American College Of Health & Sciences | Educational Services | - | - | - | ||
| CMI MRI | Professional, Scientific, and Technical Services | - | - | - | ||
| D & H Clinical | Professional, Scientific, and Technical Services | - | - | - | ||
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Real Estate | - | - | - | ||
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Health Care and Social Assistance | - | - | - | ||
| Warehouse | Services | - | - | - |
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Property Taxes
| Parcel Number | 48-42-19-01-0273 | Improvements Assessment | $5,374,070 |
| Land Assessment | $755,500 | Total Assessment | $6,129,570 |
Property Taxes
Parcel Number
48-42-19-01-0273
Land Assessment
$755,500
Improvements Assessment
$5,374,070
Total Assessment
$6,129,570
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2800 N State Road 7
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