214 Margate Ct, Margate, FL 33063

$2,900,000
List Price
$2,900,000
Price Change
▲ $100,000 1617164911
MLS#
A10931955
Status
ACTIVE
Type
Commercial

Property Description

Great investment opportunity to own your automotive free standing building on almost 17,000 SF building, built on more than an acre lot. (7% Cap Rate) Situated next to St. Rd. 7 (441) with heavy traffic. Geographically convenient to Broward, Palm Beach and Miami-Dade Counties. In the Heart of downtown Margate. Convenient access to I-95 and Florida's Turnpike. Building currently has 5 units and can be divided into more units once leases are completed adding to your client's bottomline. 40 year recertification & environmental report available. There's a auto repair shop, a muffler shop, a body and paint shop, a transmission shop. Sale includes lifts. Easy to show. S&S Car Care Auto repair shop business also being sold separately mls number A10931885

Additional Information

Days on Market
707
Waterfront Description
Canal Front, Canal
Tax Amount
$31,216
Water Access
Building & Land, Leases, Machinery, Equipment, Leases, Machinery
Parcel Number
484136040090
Directions
Located 1 block south of Atlantic Blvd. And east of St. Rd. 7.
Address
214 Margate Ct, Margate
Year Built
1978
Section
36
Special Information
Sale

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Calculator source: Real Geeks

Listing courtesy of Elite Team Real Estate Inc.