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701-703 N State Road 7, Margate, FL 33063 (MLS# F10181073)

701-703 N State Road 7, Margate, FL 33063

$675,000
Property Type: Land & Docks Lot Size (sq. ft.): 8,221 Status: Closed
Current Price: $675,000 List Date: 6/18/2019 Last Modified: 5/19/2026

Overview

Description

Excellent corner property! Heavy, high, traffic count, direct frontage on 441. Ideal for retail, food, convenience, or most businesses who desire great visibility. Currently set up for 3 retail outlets each with it’s own restroom. All tiled, new roof, newer A/C, 2 electric meters, 1 electric meter for outside and expansion. Parking on 3 sides with potential for approximately 20 cars. This location is surrounded by residential neighborhoods and commercial businesses, including Wal-Mart, Lakewood Mall, Bank of America, Denny's, fast foods. Close to Turnpike, I95, Sawgrass Expressway. Get a front row spot along Margate’s new City Center development. Copy here for video https://youtu.be/tsDCdJqMerY also https://youtu.be/gEdlqHQFHIY .

Listing Details MLS# F10181073

General Property Information

Lot Size Square Feet
8221
Lot Size Dimensions
8221
Lot Frontage
210
LP/Assessed Value
1.8
LP/SqFt
91.84
Lot Depth
0

Property Features

Application Information: Unknown Comprehensive Plan Use: Urban Commerce Current Use: Other Environmental Audit: Unknown Location of Property: Central Business District; Corner Unit; Shopping Center Possession: Negotiable Sewer: Public Sewer Special Information: City Jurisdiction Utilities: Electricity Available; Phone Available; Sewer Available; Water Available Listing Terms: Cash; Conventional Road Frontage Type: Highway; State Road Water Source: Public Showing Requirements: Call Listing Agent Contingencies: Inspection

Contract Information

Comp Sale YN
No
Original List Price
755000
LP/Frontage
3595.24

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
701-703
Street Direction Prefix
N
Street Name
State Road 7
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
4566
Postal Zip
33063
Subdivision Name
Margate Realty 1 42-42 B
Area
3632
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Parcel Number
484136060110
Zoning
B-3
Directions
From I-95 go W to Atlantic Blvd. at State Rd 7 Turn N. Property is on the corner.

Financial Information

Tax Year
2018
Tax Annual Amount
9086
Tax Assessed/SOH Value
419670
Tax Legal Description
MARGATE REALTY NO 1 42-42 B LOT 5 LESS N 43.8 BLK E
Assessor Market Value
419670

Status Change Information

Major Change Timestamp
2020-10-16T02:12:24Z
Major Change Type
Status Change
Status Change Date
2020-10-19
Under Contract Date
2020-07-23
Close Date
2020-10-15
Close Price
675000
Buyer Financing
Conventional

More Information

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Gross Scheduled Income
60000
Inc/Exp Statement Period
.

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
82.11
Original List Price To Close Price
0.89

Section Details

Parcel Number MLX
0110

Originating Details

Originating System Key
513712582
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
FLL

Application Information

Unknown
Yes

Comprehensive Plan Use

Urban Commerce
Yes

Current Use

Other
Yes

Environmental Audit

Unknown
Yes

Location of Property

Central Business District
Yes
Corner Unit
Yes
Shopping Center
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Special Information

City Jurisdiction
Yes

Utilities

Electricity Available
Yes
Phone Available
Yes
Sewer Available
Yes
Water Available
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Road Frontage Type

Highway
Yes
State Road
Yes

Water Source

Public
Yes

Showing Requirements

Call Listing Agent
Yes

Contingencies

Inspection
Yes
Listing Office: RE/MAX Advisors
IDX
Last Updated: May - 19 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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