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5415 NW 15th St 1,030 SF Industrial Condo Unit Offered at $349,000 in Margate, FL 33063
Investment Highlights
- Near Florida Turnpike and Sawgrass Expressway (Central North Broward) 10 Minutes from Boca Raton
Executive Summary
The property at 5415 NW 15th Street in Margate, FL is a functional industrial unit well-suited for small businesses, contractors, or storage needs. Offering 1,030 square feet of space, it is located in a prime industrial corridor with excellent connectivity to major transportation routes, including State Road 7 (SR-7/441) and the Florida Turnpike. The building was constructed in 1985 and features durable concrete and stucco construction with a metal roof, providing longevity and low maintenance requirements. The layout includes a warehouse area with a 12-foot high bay roll-up door, 16-foot clear ceiling height, and an office component with a private room and restroom for administrative convenience. The property provides three dedicated parking spaces, supporting easy operations and customer access. Zoning is M-1 (Light Industrial), offering flexibility for multiple uses, such as distribution, light manufacturing, or service operations. Positioned within a high-demand industrial submarket in Broward County, this property represents an advantageous acquisition for owner-users or investors seeking steady market fundamentals and close proximity to commercial districts and transportation corridors.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 48-42-30-BD-0120 |
| No. Parking Spaces | 3 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 3 |
| APN/Parcel ID | 48-42-30-BD-0120 |
Description
1,030 sq ft warehouse in a prime Margate industrial corridor, located just off SR-7 (441) and NW 15th Street with quick access to the Florida Turnpike. Zoned M -1 (Light Industrial), this versatile unit features a 12' high bay rollup door, 16' clear ceiling height, a front office with an additional private room, and one bathroom. The property includes three dedicated parking spaces and a monthly CAM of $300. Warehouse dimensions are 34' deep x 30' wide. Owner pays electric and water. This is an excellent opportunity to own a well-located industrial condo in a high-demand North Broward market. Shown by appointment only.
Sale Notes
This property offers a functional 1,030-square-foot industrial warehouse situated within Margate’s established business corridor. Located just off SR-7 (441) and NW 15th Street, the property provides direct access to the Florida Turnpike and essential arterial routes, ensuring convenient regional connectivity. The site’s M-1 Light Industrial zoning accommodates a range of permitted uses, making it attractive to both small business owner-users and investors seeking in-demand assets in Broward County.
The unit features a 12-foot high bay rollup door and a 16-foot clear ceiling height, delivering the capability for efficient storage or light manufacturing operations. Inside, the layout includes a front office with a private room and restroom, allowing for practical onsite administration. Three dedicated parking spaces add user flexibility. Constructed with concrete and stucco and finished with a metal roof, the property represents a durable, low-maintenance structure. As North Broward continues to see robust industrial demand, this well-positioned warehouse offers a rare ownership opportunity in a competitive market.
The unit features a 12-foot high bay rollup door and a 16-foot clear ceiling height, delivering the capability for efficient storage or light manufacturing operations. Inside, the layout includes a front office with a private room and restroom, allowing for practical onsite administration. Three dedicated parking spaces add user flexibility. Constructed with concrete and stucco and finished with a metal roof, the property represents a durable, low-maintenance structure. As North Broward continues to see robust industrial demand, this well-positioned warehouse offers a rare ownership opportunity in a competitive market.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 12 | 1,030 SF | Industrial | $349,000 ($338.83/SF) | - |
Unit 12
| Unit Size |
| 1,030 SF |
| Condo Use |
| Industrial |
| Price |
| $349,000 ($338.83/SF) |
| NOI |
| - |
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Unit 12
| Unit Size | 1,030 SF |
| Condo Use | Industrial |
| Price | $349,000 ($338.83/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 3 |
| APN/Parcel ID | 48-42-30-BD-0120 |
| Description | |
| 1,030 sq ft warehouse in a prime Margate industrial corridor, located just off SR-7 (441) and NW 15th Street with quick access to the Florida Turnpike. Zoned M -1 (Light Industrial), this versatile unit features a 12' high bay rollup door, 16' clear ceiling height, a front office with an additional private room, and one bathroom. The property includes three dedicated parking spaces and a monthly CAM of $300. Warehouse dimensions are 34' deep x 30' wide. Owner pays electric and water. This is an excellent opportunity to own a well-located industrial condo in a high-demand North Broward market. Shown by appointment only.</li></ul> | |
| Sale Notes | |
| This property offers a functional 1,030-square-foot industrial warehouse situated within Margate’s established business corridor. Located just off SR-7 (441) and NW 15th Street, the property provides direct access to the Florida Turnpike and essential arterial routes, ensuring convenient regional connectivity. The site’s M-1 Light Industrial zoning accommodates a range of permitted uses, making it attractive to both small business owner-users and investors seeking in-demand assets in Broward County.<br> <br> The unit features a 12-foot high bay rollup door and a 16-foot clear ceiling height, delivering the capability for efficient storage or light manufacturing operations. Inside, the layout includes a front office with a private room and restroom, allowing for practical onsite administration. Three dedicated parking spaces add user flexibility. Constructed with concrete and stucco and finished with a metal roof, the property represents a durable, low-maintenance structure. As North Broward continues to see robust industrial demand, this well-positioned warehouse offers a rare ownership opportunity in a competitive market.</li></ul> |
Property Facts
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 38,222 SF | Typical Floor Size | 2,060 SF |
| Property Type | Industrial (Condo) | Year Built | 1985 |
| Property Subtype | Warehouse | Lot Size | 0.05 AC |
| Building Class | C | Parking Ratio | 0.08/1,000 SF |
| Floors | 1 | ||
| Zoning | M-1 - Light Industrial | ||
| Total Building Size | 38,222 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 2,060 SF |
| Year Built | 1985 |
| Lot Size | 0.05 AC |
| Parking Ratio | 0.08/1,000 SF |
| Zoning | M-1 - Light Industrial |
Amenities
- Air Conditioning
Utilities
- Lighting
- Water
- Sewer
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
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Presented by
Engage 100 Realty Group
5415 NW 15th St
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