Today is the 23rd of March, 2026, and we bring some exciting news from Margate, Florida! Located at the bustling intersection of 441 and Atlantic Boulevard, a remarkable retail property is making waves in the local market. This free-standing retail building boasts eight units, each approximately 1,000 square feet in size, providing ample space for a variety of businesses.
Sitting on a corner lot of 0.53 acres, this family-owned and managed property has been in the same hands since 2002, showcasing a legacy of stability and care. With a total area of 7,860 square feet, according to public records, it’s evident that this location has much to offer both tenants and customers alike.
Long-term Tenant Relationships
The property has established long-term stability with a diverse mix of tenants. Notable businesses include the Army National Guard, Big Daddy’s Pizza, Metro/TMobile, and the Margate Cobbler, which has been a tenant for over 30 years. This variety not only enhances the appeal of the property but also contributes to a vibrant community atmosphere.
Management of the property is commendable, characterized by minimal maintenance and operating costs. This efficient management approach ensures that the property remains attractive to both current and prospective tenants, creating a win-win situation for all parties involved.
Financing and Availability
As of now, the property is listed as “Active” and is available for purchase, with cash and conventional financing options accessible for interested buyers. The listing is handled by Box Real Estate LLC, ensuring professional service for potential investors. However, it’s important to note that the information provided is not verified and not guaranteed, so due diligence is always recommended.
For more details on this promising investment opportunity, you can check out the full listing here.
In conclusion, this retail property in Margate not only represents a solid investment but also a chance to be part of a thriving community. With its strategic location, established tenant relationships, and a history of effective management, it stands as a beacon for future business growth in the area.