5661 NW 29th Street Margate, FL 33063

$2,100,000
5661 NW 29th Street, Margate, FL 33063
RX-10446264

Commercial Property for sale in Margate, FL

for $2,100,000 with 4 full baths. This 12,850 square foot building was built in 1983 on a lot size of 0.50 Acre(s).

Property Information

  • $2,100,000
  • 4 Full Baths
  • Commercial
  • 12,850 Square Feet
  • Taxes are $34,531
  • Office
  • Office
  • Active
  • Lot size of 0.50 Acre(s)
  • Built in 1983
  • Unit A
  • Margate, FL
  • Broward County
  • MLS/Web ID is RX-10446264

Description

RARE OPPORTUNITY TO GET A VERY NICE QUALITY MEDICAL BUILDING WHICH IS FULLY RENTED 1/3 MILE TO A REGIONAL HOSPITAL. LOCATED 1/2 MILE SOUTH OF SAMPLE ROAD WITH VISIBILITY FROM 441, NEXT TO WALGREENS AND A NEW BURGER KING. THERE ARE 4 MEDICAL GROUPS IN THIS BUILDING THAT HAVE OCCUPIED THE BUILDING FOR A LONG PERIOD OF TIME WITH SOME BEING HERE FOR OVER 20 YEARS. QUALITY TENANTS ON MULTI YEAR LEASES AND A GREAT CAP RATE MAKES FOR A GREAT INVESTMENT. VIBRANT AREA AROUND THIS MEDICAL CENTER WITH MULTIPLE DEVELOPMENT PROJECTS OCCURRING.

Interior 8

Appliances

  • Burglar Alarm
  • Smoke Detector

Cooling System

  • Central Air
  • Electric Cooling
  • Zoned

Flooring

  • Ceramic Tile Flooring
  • Tile Flooring
  • Wood Floors

Heating Source

  • Electric

Heating System

  • Central Heat
  • Zoned

Interior

  • Smoke Alarm

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 4

Building Type

  • Office

Exterior

  • Landscaped
  • Security Lighting

Roof

  • Built Up

Separate Utilities

  • Individual Meters

Miscellaneous 6

Commercial

  • 220 Volts
  • Office Space
  • Other
  • Private Restroom
  • Reception Area
  • Sale Includes Building
  • Sale Includes Signs

Documents

  • Appraisal
  • Copy of Lease
  • Other
  • Survey

Location

  • Business District
  • High Traffic Area

Maintenance Fee Includes

  • Electric
  • Insurance
  • Landscaping

Other

  • Plumbing Medical

Utilities

  • Cable
  • Electric

Rental 2

Lease Terms

  • 1 year
  • 1-5 Years
  • Other

Tenant Pays

  • Cable
  • Electric
  • Insurance
  • Janitorial

† Excluded Feature

Listed By

Listing Agent: James Kevin Maguire
Broker: RE/MAX SERVICES

5661 NW 29th Street, Margate, FL, 33063 is a Commercial Property for sale at $2,100,000 with 12,850 sqft and a lot size of 0.50 Acre(s). 5661 NW 29th Street has 4.0 baths and was built in 1983. The property's zip code is 33063 which is in Margate, FL

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Pricing History

Date Price Price Change Description
10/21/2018 $2,100,000 -4.55 % Price Change
9/16/2018 $2,200,000 -4.35 % Price Change
7/10/2018 $2,300,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Margate $268,097 87 % below $239,000 89 % below
Commerical listings in Margate $1,585,175 25 % below $923,250 56 % below

Get the facts about Margate, FL!

Population 60,962
Population Growth (since 2000) 13 %
Median Income $43,944
Median Age 42.54
Households w/ Children 28 %

Residential Dwellings

  • Owned 18116
  • Vacant 3453
  • Rented 6243

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Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363