$1,050,000
1505 N State Road 7
Margate, FL, 33063
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
Property Details
Price:
$1,050,000
MLS #:
A11837896
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Special Purpose
Listed Date:
Jul 14, 2025
Total Sq Ft:
2,059
Year Built:
1971
Schools
Interior
Cooling
Central Building A/C
Flooring
Tile
Heating
Central Electric, Central Building A/C
Exterior
Construction Materials
CBS Construction
Parking Features
Free Parking, Other
Parking Spots
10
Security Features
Smoke Detector(s)
Financial
Tax Year
2024
Taxes
$11,530
Mortgage Calculator
Map
Current real estate data for Commercial in Margate as of Oct 24, 2025
27
Commercial Listed
116
Avg DOM
196
Avg $ / SqFt
$482,656
Avg List Price
Community
- Address1505 N State Road 7 Margate FL
- CityMargate
- CountyBroward County
- Zip Code33063
Similar Listings Nearby
Property Summary
- 1505 N State Road 7 Margate FL is a Commercial for sale in Margate, FL, 33063. It is listed for $1,050,000

1505 N State Road 7
Margate, FL

