1821 N State Road 7 - Restaurant FOR SALE


Margate, FL 33063- North Margate
$1,900,000 USD
954-299-9456
1821 N State Road 7, Margate, FL for Sale
$1,900,000 USD
Restaurant - FOR SALE
1/21
null | Request Cap Rate

1821 N State Road 7
Margate, FL 33063
North Margate


HIGHLIGHTS

  • Modern Infrastructure: 2019 total reconstruction ensures zero immediate capital expenditure needs.
  • Massive Cost Savings: Save $1M+ with a fully equipped turnkey restaurant setup.
  • High Visibility: Capture 53,000 daily vehicles with 100+ feet of direct frontage.
  • Strategic Proximity: Prime location just 1.5 miles from a major healthcare hub.
  • Future Upside: TOC-C zoning offers massive high-density redevelopment potential.
  • Superior Parking: Exceptional 11.41/1,000 SF ratio supports diverse, high-traffic uses.

OVERVIEW

Vision Real Estate Advisors is pleased to present an exclusive opportunity to acquire a premier, freestanding ±3,682 square-foot 2nd generation restaurant facility located on the bustling State Road 7 (441) corridor in Margate, Florida (the "Property"). Strategically positioned with direct frontage along one of Broward County’s primary north-south arteries, this offering represents an exceptional "plug-and-play" opportunity for owner-users, restaurateurs, and professional service providers. Originally a national-brand footprint, the Property underwent a complete "to-the-studs" gut renovation in 2019, delivering a modern commercial asset with entirely new mechanical, electrical, and plumbing systems. For the restaurateur, the facility is a turnkey masterpiece featuring a contemporary 110-seat interior dining room and a newly constructed 40-seat designer outdoor patio, bringing total capacity to 150. The offering includes a fully furnished, high-spec commercial kitchen and modern FF&E, allowing a new operator to bypass the 18–24 month construction and permitting timelines typical of the current South Florida market. Beyond its hospitality utility, the Property is uniquely engineered for universal adaptive reuse. Boasting a massive 11.4/1,000 SF parking ratio (42 spaces on a ±0.54-acre lot), the site significantly exceeds the 5/1,000 parking requirements usually required for high-density medical clinics, urgent care, or regional retail showrooms. This superior parking density, combined with the flexible Transit-Oriented Corridor-Corridor (TOC-C) zoning, provides a "future-proof" foundation for a wide array of professional, medical, or retail applications. The Property features 110 linear feet of premium frontage along State Road 7, capturing the attention of nearly 53,000 vehicles per day. It benefits from robust retail synergies, situated near HCA Florida Northwest Hospital and surrounded by high-performing national tenants including Culver’s, Taco Bell, KFC, and Walgreens. With outstanding market fundamentals and a "zero-day" modern infrastructure, this opportunity stands out as the most versatile and well-located freestanding asset currently available in the Margate submarket.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$516 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The 441 Flagship | Owner-User Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

TOC-C

APN/PARCEL ID

48-41-25-07-0661

ASK ABOUT THIS PROPERTY

Elon GerbergVision Real Estate AdvisorsMore Info
954-299-9456

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Elon GerbergVision Real Estate AdvisorsMore Info
954-299-9456

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.