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1785 N State Road 7 Margate, FL $ 2,800,000
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$ 2,800,000 Get more info
1785 N State Road 7
$ 2,800,000
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1785 N State Road 7

Margate, FL, 33063
$ 2,800,000
Baths0.0 Sq 4,320

Monthly Estimate*

$ 18,610

1785 N State Road 7, Margate, FL 33063 - Image 1
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1785 N State Road 7, Margate, FL 33063 - Image 4
1785 N State Road 7, Margate, FL 33063 - Image 5
1785 N State Road 7, Margate, FL 33063 - Image 6
1785 N State Road 7, Margate, FL 33063 - Image 7
1785 N State Road 7, Margate, FL 33063 - Image 8
1785 N State Road 7, Margate, FL 33063 - Image 9
1785 N State Road 7, Margate, FL 33063 - Image 10
1785 N State Road 7, Margate, FL 33063 - Image 11
1785 N State Road 7, Margate, FL 33063 - Image 12
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Studio

Commercial Property for sale in Margate, FL

for $2,800,000. This 4,320 square foot building was built in 1972 on a lot size of 0.539371.

Well established full service Thai and Sushi restaurant with a modern flair. In business for over 30 years! High exposure to the DOT daily traffic count of 52,500 per day. Sale includes Business, Real Estate, Furniture, Equipment, Inventory, and SRX Liquor License - transferable*. Current seating capacity of 150. 2 Full Liquor Bars(1 interior bar and 1 exterior covered garden area bar) serving specialty cocktails and beers. New roof installed in 2022, half acre+ lot, and has a backup generator. Seller is willing to train the Buyer on day to day operations, menu, staff, etc. and will consider after-sale consulting as well. Excellent reputation and reviews on Google, Facebook, Trip Advisor, and Yelp. Approximate sqft is 3,150 SF Interior + 1,170 SF Exterior Covered Garden Area

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Commercial Active

Price

$ 2,800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 22,687

Style

Business

Lot Size

0.539371

Year Built

1972

Town/City

Margate

County/Region

Broward

MLS | Web ID

A11342046
Features
General
Year Built 1972
Stories 1
Levels One
Property SubType Business
Business Type Restaurant
Building Name Jasmine Thai & Sushi
County Broward County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions Located on the west side of 441 just South of Copans/Royal Palm Blvd
City Margate
View Y/N N
Senior Community Y/N N
Zoning Description TOC-C
MLS Area 3632
Lot Size Units SquareFeet
Lot Size Square Feet 23495.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name State Road 7
Listing Terms Cash Conventional
Property Attached Y/N N
Year Built Details Resale
Land Lease Y/N N
Tax Annual Amount 22687.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11342046
Days on Market 383
Standard Status Active
Occupancy Type Owner
Legal Description MARGATE 3RD ADD 44-48 B TR A S 100 OF N 300 BLK 18
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Exterior
Lot Size Area 23495.0
Number of Buildings 1
Spa N
Building Area Total 4320.0
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 1785
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* Excluded Features
List By
Re/Max 5 Star Realty

Broker

visionsold@gmail.com

Email

Affordability Calculator

$20,500
Per Month
91%
9%
0%
Monthly Principal & Interest
$18,610
Monthly Property Taxes
$1,891
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/28/2024$2,800,000 -11.11% Price Down
6/7/2023$3,150,000 -10.00% Price Down
2/15/2023$3,500,000 Listed Price

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1785 N State Road 7, Margate, FL, 33063 is a Commercial Property for sale at $2,800,000 with 4,320 sqft and a lot size of 0.539371. 1785 N State Road 7 is a studio with 0.0 baths and was built in 1972. The property's zip code is 33063 which is in Margate, FL

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