Property Details
| Sold Price | $1,000,000 |
|---|---|
| Last Asking Price | $1,050,000 |
| Price per SqFt | — |
| Maintenance fee | Inquire |
| Property Taxes | $11,530 2024 |
| Interior Space | — |
| Beds/Baths | —/— |
| Year Built | 1971 |
| Closed Date | 12/22/2025 |
| MLS # | A11837896 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
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
Listed by Compass Florida, LLC
Sales History for This Home · 1505 N State Road 7, Margate, FL 33063
Sales history is unavailable for this property
Listed by Compass Florida, LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Margate and throughout South Florida.
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Location
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