Single Family: MLS #A11858544 Margate, FL $ 12,200,000
Single Family: MLS #A11858544
$ 12,200,000
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Single Family: MLS #A11858544

Margate, FL, 33068
$ 12,200,000
Baths0.0 Sq 27,408

Monthly Estimate*

$ 77,032

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View a Virtual Tour
Studio

Single Family Home for sale in Margate, FL

for $12,200,000. This 27,408 square foot home was built in 1972.

Outstanding investment or owner-user opportunity in the heart of Margate. This free-standing commercial property is purpose-built and fully licensed for 111 beds assisted living, offering a rare combination of scale, functionality, and location. Set on a 1.3855-acre lot and boasting 23,382 sq. ft. of living space, this well-maintained facility is thoughtfully designed to provide comfort, safety, and operational efficiency, spacious common areas, shared, private, and semi-private rooms, and commercial-grade kitchen facilities. The property’s size and layout allow for a substantial resident capacity while maintaining an intimate, home-like atmosphere. Located near medical centers and community amenities, it offers both convenience and accessibility for families and healthcare providers.

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Single Family Active

Price

$ 12,200,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 142,488

Style

Year Built

1972

Town/City

Margate

County/Region

Broward

MLS | Web ID

A11858544

Features
General
Heating Central Electric
Cooling CentralAir
Security Features Fenced FireSprinklerSystem SecurityGate SmokeDetectors
Construction Materials Block
Year Built 1972
Property Subtype Commercial
Tax Year 2024
Business Type HealthServices
County Broward
Insurance Expense 0
Property Type BusinessOpportunity
Status Active
City Margate
Zoning Description R-3
MLS Area 3360
Lot Size Units SquareFeet
Listing Terms Cash Conventional
Tax Annual Amount 142488
MLS Area Minor North Broward Us1 To Dixie Hwy (3311-3342)
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11858544
Standard Status Active
Occupancy Type CallAgent
Property Sub Type Additional Commercial
Legal Description KIMBERLY FOREST 68-31 B TRACT F
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features AccessibleParking FreeParking
Water Source Public
Building Area Total 27408
Covered Spaces 0
Road Frontage Type CityStreet
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* Excluded Features
List By
Stoic Estates, Llc.

Broker

Jason@stoicestates.com

Email

Affordability Calculator

$88,906
Per Month
87%
13%
0%
Monthly Principal & Interest
$77,032
Monthly Property Taxes
$11,874
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
3/19/2026$12,200,000 -0.41% Price Down
11/30/2025$12,250,000 Listed Price

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