Recently Viewed Properties
See This Home
Save This Listing
Close

$1,000,000

  • Sold
  • Closed
  • Commercial
See This Home
Save This Home
See This Home
Save This Home
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

Full Property Details for 1505 N State Rd 7

General

  • Sold For: $1,000,000
  • Taxes: $11,530 (2024)
  • Status: Closed
  • Type: Commercial
  • Source: Greater_Miami
  • MLS ID: A11837896
  • Added to Site: 187 day(s) ago

Interior

  • Flooring: Tile

Additional Information

  • Security/Safety: Smoke Detector(s)

Parking

  • Total Spaces: 10
  • Parking Features: Free Parking, Other

Location

  • County: Broward County

Community

  • Units Assoc/Comm: 1

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Building A/C
  • Heating Type: Central Electric, Central Building A/C

Utilities

  • Electric Available: Yes
  • Sewer: Other
  • Water: Public

Structural Information

  • Structure Type: Commercial, Free Standing
  • Detached/Attached: Detached
  • Construction: CBS Construction
  • Stories/Levels: 1
  • Building Size: 2059
  • Current Bldg. Use: Retail
  • Year Built: 1971

Unit Information

  • Units in Complex: 1

Lot Features

  • Lot Size (Sq. Ft.): 23,495
  • Lot Features: City Location
  • Potential Use: Primary
  • Zoning: TOC-C

Financial Considerations

  • Tax Amount: $11,530
  • Tax Year: 2024
  • Terms: All Cash, Conventional/Refinance

Disclosures and Reports

  • Special Conditions: Sale
  • Legal Description: MARGATE 3RD ADD 44-48 B TRACT A N 100 AS MEAS ALONG W/B OF S 275 BLK 18
  • Inclusions: Other Sale Includes
  • Property ID: 484125032154

Listed by Compass Florida, LLC
Sold by Compass Florida, LLC

Listing agents

— 1505 N State Rd 7 —

  • Compass Florida, LLC

  • Compass Florida, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1505 N State Rd 7

School District:Broward County School District
NameGradesDistance
Margate Elementary School
6300 Northwest 18th Street, Margate, FL 33063
K-50.5 mi
Margate Middle School
500 Northwest 65th Avenue, Margate, FL 33063
6-80.9 mi
Coconut Creek High School
1400 Northwest 44th Avenue, Coconut Creek, FL 33066
9-121.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1505 N State Rd 7

Date
Details
Price
Change
Source
12/22/2025
Sold
$1,000,000
-4.76%
MLS
7/14/2025
Listed
$1,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Compass Florida, LLC
Sold by Compass Florida, LLC

Just Listed near 1505 N State Rd 7

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2047 Winners Cir, North Lauderdale, FL 33068 - Photo 1 Just Listed
$319,900

2047 Winners Cir  #2047  North Lauderdale, FL 33068

  • Townhouse
  • Active
  • Updated 12 hours ago
  • 3
    Beds
  • 2
    Total Baths
Listed by ZFC Real Estate LLC
2643 NW 42nd Ave, Coconut Creek, FL 33066 - Photo 1 Just Listed
$325,000

2643 NW 42nd Ave  Coconut Creek, FL 33066

  • Townhouse
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 3
    Total Baths
Listed by Serhant
8111 Southgate Blvd, North Lauderdale, FL 33068 - Photo 1 Just Listed
$426,000
Open House

8111 Southgate Blvd  North Lauderdale, FL 33068

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,482
    Sq. Ft.
4191 NW 58th St, Coconut Creek, FL 33073 - Photo 1 Just Listed
$649,900

4191 NW 58th St  Coconut Creek, FL 33073

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,926
    Sq. Ft.

Price Reduced near 1505 N State Rd 7

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

906 SW 74th Ave, North Lauderdale, FL 33068 - Photo 1 Price Reduced
-$11,000 (-3.44%)
$309,000

906 SW 74th Ave  North Lauderdale, FL 33068

  • Townhouse
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,650
    Sq. Ft.
8453 N Coral Cir, North Lauderdale, FL 33068 - Photo 1 Price Reduced
-$5,000 (-1.22%)
$405,000

8453 N Coral Cir  North Lauderdale, FL 33068

  • Townhouse
  • Active
  • Updated 6 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,460
    Sq. Ft.
1603 Abaco Dr, Coconut Creek, FL 33066 - Photo 1 Price Reduced
-$10,000 (-5.88%)
$160,000

1603 Abaco Dr  #K4  Coconut Creek, FL 33066

  • Condo
  • Active
  • Updated 5 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,225
    Sq. Ft.
2907 Carambola Cir S, Coconut Creek, FL 33066 - Photo 1 Price Reduced
-$16,400 (-10%)
$147,600

2907 Carambola Cir S  #201  Coconut Creek, FL 33066

  • Condo / Townhouse
  • Active
  • Updated 6 days ago
  • 2
    Beds
  • 2
    Total Baths
Listed by Compass Florida LLC

Recent Sales near 1505 N State Rd 7

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

4500 Cedarhill Rd, Coconut Creek, FL 33066 - Photo 1 Sold
$950,000

4500 Cedarhill Rd  Coconut Creek, FL 33066

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 1,828
    Sq. Ft.
Listed by LoKation
Sold by LoKation
1071 NW 31st Ave, Pompano Beach, FL 33069 - Photo 1 Sold
$975,000

1071 NW 31st Ave  #B-3  Pompano Beach, FL 33069

  • Industrial
  • Closed
Listed by RE/MAX Preferred
Sold by High Class Realty
603 Misty Oaks Ln, Pompano Beach, FL 33069 - Photo 1 Sold
$860,000

603 Misty Oaks Ln  Pompano Beach, FL 33069

  • Single Family
  • Closed
  • 4
    Beds
  • 4
    Total Baths
  • 2,684
    Sq. Ft.
4370 NW 62nd Terrace, Coral Springs, FL 33067 - Photo 1 Sold
$851,000

4370 NW 62nd Terrace  Coral Springs, FL 33067

  • Single Family
  • Closed
  • 5
    Beds
  • 3
    Total Baths
  • 2,525
    Sq. Ft.

1505 N State Road 7, Margate, FL 33063 (MLS# A11837896) is a Commercial property that was sold at $1,000,000 on December 22, 2025. Want to learn more about 1505 N State Road 7? Do you have questions about finding other Commercial real estate for sale in Margate? You can browse all Margate real estate or contact a Coldwell Banker agent to request more information.