About 1505 N State Road 7
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
Features of 1505 N State Road 7
| MLS® # | A11837896 |
|---|---|
| USD | $1,000,000 |
| CAD | $1,383,440 |
| CNY | 元6,711,000 |
| EUR | €860,956 |
| GBP | £739,289 |
| RUB | ₽86,000,800 |
| Last Listing Price | $1,050,000 |
| Acres | 0.54 |
| Year Built | 1971 |
| Type | Residential |
| Sub-Type | Business |
| Status | Closed |
| HOPA | No Hopa |
Community Information
| Address | 1505 N State Road 7 |
|---|---|
| Area | 3611 |
| City | Margate |
| County | Broward |
| State | FL |
| Zip Code | 33063 |
Amenities
| Utilities | Sewer Available |
|---|---|
| Parking | Free, Other |
| Security | Smoke Detector(s) |
Interior
| Heating | Electric, Central Building |
|---|---|
| Cooling | Central Building |
| # of Stories | 1 |
Exterior
| Construction | CBS |
|---|
Additional Information
| Date Closed | December 22nd, 2025 |
|---|---|
| Date Listed | July 14th, 2025 |
| Days on Market | 420 |
| Zoning | TOC-C |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Parcel ID | 484125032154 |
Listing Details
| Office | Compass Florida, LLC |
|---|