This exceptional mixed-use property, located at 5415 NW 15th St Unit 16, Margate, FL, presents a unique investment opportunity. Boasting 1,030 square feet of versatile space on a 0.02-acre lot, this property is ideal for a variety of businesses. The interior features a generous layout, perfect for both storage and operational needs. A key highlight is the inclusion of a roll-up door equipped with an electric motor, ensuring convenient loading and unloading of goods. The high ceilings, measuring 17 feet, provide ample vertical space, maximizing storage capacity and creating a sense of openness. The property's strategic location in Margate offers easy access to North State Road 7, providing excellent connectivity to major transportation routes and enhancing its overall accessibility. This flex-space design allows for adaptable use, catering to a wide range of commercial ventures. The asking price for this well-situated and functional property is $345,000. This represents a compelling opportunity to acquire a versatile commercial space in a thriving location. Don't miss out on this chance to own a piece of Margate's commercial landscape.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$350,507
Hospitality
$321,062
Educational
$267,120
Medical
$276,307
Retail
$415,520
Location Insight
City
Margate
County
Broward
State
Florida
Latitude
26.2483
Longitude
-80.1979
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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