6101 Atlantic BlvdMargate, FL 33063

Property Details for 6101 Atlantic Blvd

Year built

1998

Construction

CONCRETE

Lot size

1.11 AC

Property size (Sq ft)

18,513 SF

Zone code

TOC-C

Property type

Office properties

Property subtype

Office buildings

APN

48-41-36-02-0060

APU

484136020060

Description

This exceptional 826-square-foot office space, located at 6101 W Atlantic Blvd #203 in Margate, Florida, presents a fantastic opportunity for businesses seeking a cost-effective and highly visible location. The property is situated in a high-traffic area, just one block west of 441 and conveniently close to the Florida Turnpike, ensuring excellent accessibility for clients and employees. The space itself boasts a well-designed layout, including a reception area, three private offices, and a shared restroom. Zoned TOC-C, it's ideally suited for medical, beauty, or professional service businesses. The gross monthly lease rate is $2350, plus 3% tax, and includes water, electricity, and trash removal, offering significant value. The building provides 24-hour accessibility, allowing for flexible business operations. Furthermore, the property benefits from prominent building signage and incredible frontage on Atlantic Boulevard, maximizing exposure to potential customers. Flexible lease terms are available, making this an attractive option for businesses of all sizes. The property's address is 6101 W Atlantic Blvd #203, Margate, FL 33063. The building is two stories, and this unit is part of a single-tenant occupancy building. The APN is 484136020060.

• CAP approach

  CAP return

  Valuation

  6%

  $5,503,977

  6.5%

  $5,080,594

  7%

  $4,717,694

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,469,110

  Geo Method

  $5,469,110

• Alternative Use

  Use

  Valuation

  Residential

  $6,299,937

  Hospitality

  $5,770,708

  Educational

  $4,801,162

  Medical

  $4,966,281

  Retail

  $7,468,474

Location Insight

City

Margate

County

Broward

State

Florida

Latitude

26.2359

Longitude

-80.2067

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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