2922 N State Road 7 Margate, FL $ 7,250,000
2922 N State Road 7
$ 7,250,000
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2922 N State Road 7

Margate, FL, 33063
$ 7,250,000
Bedrooms-- Baths-- Sq 20,714

Monthly Estimate*

$ 45,231

2922 N State Road 7, Margate, FL 33063 - Image 1

Commercial Property for sale in Margate, FL

for $7,250,000. This 20,714 square foot building was built in 1972.

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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Commercial Active

Price

$ 7,250,000

Property Type

Commercial

Taxes

$ 78,855

Style

Year Built

1972

Town/City

Margate

County/Region

Broward

MLS | Web ID

A11697393

Features
General
Year Built 1972
Property Subtype Retail
County Broward
Property Type Commercial Sale
Status Active
City Margate
Zoning Description TOC-C
MLS Area 3522
Lot Size Units Square Feet
Lot Size Square Feet 57505
Tax Annual Amount 78855
Structure Type Retail
Standard Status Active
Occupancy Type Tenant
Legal Description MARGATE SHOPPES SUB 80-33 B TR A
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Interior
Total Baths 0
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Exterior
Lot Size Area 57505
Building Area Total 20714
Covered Spaces 0
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* Excluded Features
List By
Re/Max 5 Star Realty

Broker

John@deMarcogroup.net

Email

Affordability Calculator

$51,802
Per Month
87%
13%
0%
Monthly Principal & Interest
$45,231
Monthly Property Taxes
$6,571
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/31/2025$7,250,000 Listed Price

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2922 N State Road 7, Margate, FL, 33063 is a Commercial Property for sale at $7,250,000 with 20,714 sqft. 2922 N State Road 7 was built in 1972. The property's zip code is 33063 which is in Margate, FL