USAFLMargate1505 N State Road 7
1505 N State Road 7, Home with 0 bedrooms, 0 bathrooms and 10 parking in Margate FL | Image 1
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$1,050,000

1505 N State Road 7, Margate, FL

Real Estate

For Sale

$--,---,---
0010
  • Key Facts
  • Description
  • Map

Key Facts

Type Special Purpose
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $11,530
Days Active 0
Approx. Age 1971
MLS® Number A11837896

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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 estateShow Description
MLS® NumberA11837896
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1971
Stories1
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral Electric, Central Building A/C
A/CCentral Building A/C
Heating Fuel

Extras

Other Sale Includes

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