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For Sale Available Listing #83902

24,621 SF Medical For Sale — $7,500,000 — 2800 N State Road 7, Margate – #83902

2800 N State Road 7 · Entire Property · Margate, FL 33063
24,621 SFAvailable space
Medical OfficeProperty type
73Parking spaces
2007Renovated
Quick Unit Specs
For Sale
$7,500,000 Asking Price
$304.62 Price / SF
— Cap Rate
— NOI
240 / 255 days Days on market / avg to sell
The Space
24,621 SF Sq Ft
Medical Office Type
Entire Property Suite
— Condition
Available Status
For Sale Listing Type
Now Available
— Op. Expenses
— Clear Height
— Drive-In Bays
— Dock-High Bays
— Yard
— Office SF
— Restrooms
— Power
— HVAC
73 spaces Estimated Parking
2.96 Parking Ratio
Location Map Click to explore · switch to satellite inside the map
Floor Plan
Floor plan not available yet Ask us and we'll get it to you as soon as it's available.
Building Description
Executive Summary
Investment or Owner-User Opportunity Medical / Professional Office 2800 N State Road 7, Margate, Florida.
Fully Leased, Medical and Office Tenants. Positioned along high-traffic State Road 7 (US-441), this well-located medical and professional office property offers an exceptional opportunity for both investors seeking stable income and owner-users looking for a strategic South Florida presence.
The property consists of two well-maintained, two-story buildings totaling approximately 34,505 square feet, situated on a ±1.69-acre site with ample surface parking. Designed to accommodate medical and professional users, the buildings feature efficient floor plates, elevator access, and flexible suite configurations suitable for a wide range of healthcare, office, and service-oriented uses. Originally constructed in 2000 and subsequently updated, the property reflects durable construction typical of medical office assets, with concrete block construction and functional building systems. Existing infrastructure supports medical use, making it ideal for continued healthcare tenancy or conversion for professional office users.
From an investment standpoint, the property benefits from strong corridor visibility, consistent demand for medical and office space, and access to a dense surrounding residential population. The site’s Transit Oriented Corridor (TOC) zoning enhances long-term value and flexibility.
For an owner-user, the property presents a rare opportunity to control a prominent corridor location with parking, signage exposure, and the ability to occupy all or a portion of the building while generating supplemental rental income from remaining suites.
Highlights:
Prime frontage on N State Road 7 (US-441)
34,505 SF across two two-story buildings
Elevator-served, medical-ready layout
Strong parking ratio with surface parking
Flexible investment or owner-user structure
TOC zoning allowing a variety of commercial uses
Centrally located within Broward County with easy regional access
Discover the vibrant surroundings of the property, located in the thriving city of Margate, FL. Positioned in the heart of Broward County, this area offers a wealth of amenities and conveniences for Office/Medical investors. Nearby, the Coral Square Mall provides an array of retail and dining options, while the Northwest Medical Center offers top-notch healthcare services. For outdoor enthusiasts, Atlantic Ocean beaches and local parks are just a short drive away. With its strategic location and bustling community, the property presents an exceptional investment opportunity in a prime South Florida locale.
Immerse yourself in the dynamic community surrounding the property, strategically situated in the vibrant city of Margate, FL. This prime South Florida location offers a variety of amenities and attractions suitable for Office Building investors. Explore nearby attractions such as the Promenade at Coconut Creek, a premier shopping and dining destination, as well as the Fern Forest Nature Center, providing a serene natural retreat. For business convenience, the property is in close proximity to major roadways, ensuring easy accessibility and visibility. With its attractive surroundings and strategic positioning, the property presents an exceptional opportunity for Office Building investment in a bustling South Florida locale.
General Site Description:
There are two buildings that are two-story each and they are both freestanding commercial/medical office building located along the high-traffic State Road 7 (US 441) corridor in Margate, directly across from HCA Florida Northwest Hospital. The building sits on approximately 1.68 acres of land and totals roughly 27,000 sq ft of medical & office space in the one building and 7505 sf building in South building. Total sf both buildings 34,505 sf
Building Exterior Characteristics:
Structure: Two-story office building with professional/medical office use.
Facade: Typical suburban commercial exterior (brick, stucco, glass entries consistent with mid-1980s medical office construction, renovated over time).
Location: Prominent position adjacent to major thoroughfare (State Road 7) with strong visibility and signage opportunity.
Parking:
The site includes surface parking of 98 parking spaces.
Approved Uses by Zoning — Corridor - Transit Oriented Corridor (TOC-C)

Uses permitted by right under the municipality’s zoning for this district. The property may carry additional restrictions (deed, association or lease), so tenants are responsible for confirming their intended use with the municipality and landlord before committing.

Allowed by right
Adult day care center, Art gallery, Artisans, studio or workshop (on-site production of unique custom goods), Automatic teller machine (outdoor), Bakery, retail (wholesale permitted if storage area under 4,500 sf), Banks and other financial institutions, not including Payday Loans, Bars and taverns, Body art studios (1,000 ft from other body art studio and from schools for minors/child care; separate tattoo room), Bowling alley, Bottled gas (not within 100 ft of residential district or use), Brewery, distillery or winery (max 15,000 sf, with tasting room, goods sold primarily on-site), Business office, no stock or storage, Carpet cleaning (not within 100 ft of residential), Caterers, Check cashing including Payday Loans (1,000 ft separation from like use, dollar store, pawn shop, secondhand retail), Child care facility (fenced outdoor play area, 30% shade), Clubs - civic, noncommercial, Commercial recreation (indoor), Dental laboratory, Dollar store (1,000 ft separation from like use, check cashing, pawn shop, secondhand retail), Dry cleaning establishment (max 10 cleaning units, 80 lb total capacity; exhaust away from residential), Fire station, Funeral home, Groceries, retail, Gun shop and gun ranges (indoors and soundproofed), Health studio or club, gymnasium, Janitorial service, Jewelry, watch, and electronic repairs, Landscaping and plant nursery, Laundries, coin-operated (7:00 a.m. to 11:00 p.m.), Locksmith, Mail-plus service, Medical office (not correctional or mental, nor institutions for care of drug or liquor patients), Merchant, retail, Municipal buildings, parks, playgrounds, Museum, Music, instruction (indoors and soundproofed only), Nightclubs, teen clubs, catering halls or dance halls (occupant load under 250), Package store, Personal care services, except massage, Pet grooming (soundproofed only), Pet shop (Margate Code Ch. 6 restrictions), Pharmacy (max 10% Schedule II prescriptions; at least 50% of floor area retail display/transactions), Photography studio and developing (subject to Sec. 40.705; appears merged into the Pharmacy item in the source text), Picture framing, Place of Assembly (Sec. 40.619), Printing, photocopying, blueprinting shop (max 25 employees), Professional office, Recording studio (indoors and soundproofed only), Rental business (not vehicular), Restaurant, School of instruction, non-academic, Secondhand and/or used merchandise, retail (1,000 ft separation from like use, check cashing, pawn shop, dollar store), Shoe repair shop, Small appliance repair (not within 100 ft of residential), Substation for utilities, Swimming pool equipment and chemicals, retail (enclosed; no bulk calcium hypochlorite/muriatic acid), Tailor shop, seamstress, Television, radio and movie studios (no towers), Theater, indoor (Sec. 40.705), Utilities, facility offices, Vehicle dealership, new (min 3 acres contiguous), Walkway cafes under 1,000 sf (Sec. 40.622)
With special approval
Amusement arcade centers (Sec. 40.612 and F.S. ch. 849), Animal clinics, pet hospitals (soundproofing, boarding ancillary, Ch. 6 restrictions), Auction gallery for art goods, jewelry, rugs, furniture and similar items, Automobile tires, new (not within 100 ft of residential), Car wash incl. automated tunnels, detailing, hand washing (1,000 ft from another car wash rack; 100 ft from residential; water reclamation), Commercial recreation (outdoor), Drive through facilities (with a permitted use), Vehicle fuel station (Sec. 40.613; pumps not within 60 ft of residential), Hotels and motels (min 300 sf rooms; pools 25 ft from adjacent residential lot line), Laundries, coin operated (extended hours of operation), Limousine or taxi service, three or fewer vehicles, Night clubs, teen clubs, catering halls or dance halls with occupancy greater than 250, Massage services, Outside sales, display, service and/or storage with a permitted use (screening required), Pain management clinic (Sec. 40.616), Public or private elementary, middle, or high school (Sec. 40.620), Residential multiple-family dwellings, including horizontal and vertical mixed use, Restaurants with curb or automobile service (750 ft from one-family dwelling districts), Theater, outdoor, Vehicle sales agency, new and/or used (not within 100 ft of residential), Vehicle rental business, Walkway cafes greater than 1,000 sf (Sec. 40.622)
Read the full TOC-C zoning guide ›

Frontage Traffic vs. Nearby Roads

This property fronts N State Road 7, which FDOT counts at the figure below (2025).
53,500vehicles / day on N State Road 7 (AADT)
◆ N State Road 7 53,500
Royal Palm Blvd0.5 mi 33,500
Copans Rd0.5 mi 33,000
NW 54 Ave0.4 mi 7,800
Banks Rd0.4 mi 4,500
This property Nearest FDOT-counted roads (distance) Vehicles per day (AADT)
Risk & Incentives
🌊 Flood Zone X · minimal ✓ Not in Flood Hazard Not an Opportunity Zone

Neighborhood Demographics · Census Tract 020101

Figures for the census tract this property sits in — the immediate surrounding neighborhood (roughly ½–2 sq. mi). For distance‑based totals, see the 1 / 3 / 5‑mile rings below.
8,120
Population
$59,683
Median Household Income
44
Median Age
3,796
Households
$232,500
Median Home Value
Household Income of 3,796 households
<$50k1,627 43%
$50–100k1,381 36%
$100–150k417 11%
$150k+371 10%
Age of 8,120 residents
Under 181,527 19%
18–341,814 22%
35–542,225 27%
55–641,131 14%
65+1,423 18%

Trade-Area Rings · Distance from Property

Everyone living within a straight‑line radius of the property — the classic retail trade area. Each ring is cumulative (the 3‑mile total includes the 1‑mile).
1 Mile
22,713
population
9,857 households
$80,231 avg income
3 Miles
160,372
population
63,295 households
$91,108 avg income
5 Miles
402,704
population
152,552 households
$89,066 avg income
Street View Click to load · then drag to look around
Asking Price
$7,500,000
Listing Courtesy of The Keyes Company
David Joseph
David Joseph
The Keyes Company
Inquire about this property
Key highlights
  • 34,505 SF building, Two Buildings
  • 100% occupancy
  • Zoned TOC-C
Appraiser Data
Parcel Control No.484219010273
Assessed Value$6,132,250
Land Value$1,105,610
Improvement Value$5,026,640
Legal Description
PALM BEACH FARMS 2-54 PB
Source: Miami-Dade County Appraiser Records
Proximity
✈ Airports
Palm Beach Intl (PBI) 36.2 mi 48 min drive
Ft. Lauderdale (FLL) 19.1 mi 31 min drive
Miami Intl (MIA) 32.6 mi
⚓ Seaports
Port of Palm Beach 36.4 mi
Port Everglades 12.7 mi
PortMiami 33.4 mi
Building Specifications
CityMargate, FL
ZIP Code33063
Year Built1975
Gross Leasable Area24,621 SF
Total Building SF24,621 SF
Lot Size1.69 AC
Parking (building)80 Spaces
Parking Ratio2.96/1,000 SF
Floor Area Ratio0.334
Percent Leased100%
AmenitiesSecurity System; Signage; Air Conditioning; Backup Power / Generators
Walk Score60/100
Renovated2007