1505 N State Road 7, Margate, Florida 33063
MLS#: A11837896
$1,050,000 USD
Listed By Compass Florida, LLC.
The Special Purpose Property for Sale located at Margate, Florida 33063 is currently for sale. Margate, Florida 33063 is listed for $1,050,000. This property has Total Parking features. If the property located at Margate, Florida 33063 isn't what you're looking for, visit https://www.sfpropertysearch.com to see other Special Purpose Properties for Sale in Margate .
Date Updated : Jul 14, 2025
Property features
Key features
- Total Parking
Construction details
- Year built: 1971
Other features
- Cooling system: Central AC
Description
This free-standing building, currently owned and operated by an established veterinarian, is being offered for sale as part of a sale-leaseback arrangement. The owner intends to lease the property back for ten years on a triple-net basis, which entails the tenant paying all expenses real estate taxes, water, trash, and electricity. The new owner is responsible for the outside of the building, the roof, A/C, etc. This property offers the new owner a management-free investment experience, avoiding management fees and headaches. The property is strategically situated in a prominent commercial area in Margate, North Fort Lauderdale, presenting substantial potential for appreciation and significant tax advantages associated with owning income-generating real estate
Location
All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.