FL > Margate
Margate, FL 33068,Address not disclosed
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Margate, FL 33068,Address not disclosed
Margate, FL 33068,Address not disclosed
Margate, FL 33068,Address not disclosed
Margate, FL 33068,Address not disclosed
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 12,500,000
Est. payment /mo
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Address not disclosed Margate, FL 33068

27,408 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 27,408 sqft

Price per Sqft $456

MLS Listing ID A11858544

HOA Y/N No

Year Built 1972

Annual Tax Amount $142,488

Tax Year 2024

Property Description

Outstanding investment or owner-user opportunity in the heart of Margate. This free-standing commercial property is purpose-built and fully licensed for 111 beds assisted living, offering a rare combination of scale, functionality, and location.

Set on a 1.3855-acre lot and boasting 23,382 sq. ft. of living space, this well-maintained facility is thoughtfully designed to provide comfort, safety, and operational efficiency, spacious common areas, shared, private, and semi-private rooms, and commercial-grade kitchen facilities. The property's size and layout allow for a substantial resident capacity while maintaining an intimate, home-like atmosphere. Located near medical centers and community amenities, it offers both convenience and accessibility for families and healthcare providers.

Location

State FL

County Broward

Area 3360

Interior

Heating Central, Electric

Cooling Central Air

Flooring Tile

Exterior

Private Pool Yes

Building

Water Public

Structure Type Block

Others

Tax ID 494101091770

Security Features Fenced,Fire Sprinkler System,Security Gate,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11858544

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Stoic Estates, LLC.
agent

Alex Mendel

Agent

+1(561) 827-8449

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