5648 Atlantic BlvdMargate, FL 33063

  • Office properties
  • 1,755 SF
For Lease

Property Details for 5648 Atlantic Blvd

Year built
1979
Construction
CONCRETE
Property size (Sq ft)
1,755 SF
Zone code
TOC-C
Property type
Office properties
Property subtype
Office buildings
APN
48-41-36-AC-0050
APU
484136AC0050

Description

This exceptional single-tenant office space, located at 5648 W Atlantic Boulevard in Margate, Florida (zip code 33063), presents a fantastic opportunity for businesses seeking a well-appointed and conveniently situated workspace. The property, identified by APN 484136AC0050, offers a total of one suite within the building. Situated off the high-traffic intersection of Atlantic Boulevard, just east of SR7, this location ensures excellent visibility and accessibility. The interior boasts a thoughtfully designed layout, including six private offices, providing ample space for individual work or team collaboration. A welcoming reception area creates a professional first impression for clients and visitors. An open work area offers flexibility for various team configurations and workflows. A convenient kitchenette/break room provides a comfortable space for employees to take breaks and enjoy meals. Two private restrooms add to the overall convenience and privacy of the space. A floor plan is available upon request. The property is a single-tenant building, offering complete control and privacy. While the lot size is not specified, the building itself provides a substantial and functional office environment. This property is perfect for a business seeking a move-in ready, well-equipped office space in a prime Margate location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $521,767
    6.5%
    $481,631
    7%
    $447,229
  • Comparable approach

    Method
    Valuation
    Relative Method
    $518,462
    Geo Method
    $518,462
  • Alternative Use

    Use
    Valuation
    Residential
    $597,223
    Hospitality
    $547,053
    Educational
    $455,142
    Medical
    $470,795
    Retail
    $707,998
5648 Atlantic Blvd, Margate, Florida

Location Insight

City
Margate
County
Broward
State
Florida
Latitude
26.235
Longitude
-80.2034
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,149
$25,530
$229,750
$255,280
-
$25,530
$229,750
$255,280

FAQs

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