Commercial Sale · Retail
417 N State Road 7 # 417, Margate FL 33063, MARGATE, FL, 33063
Active55 days on marketListed Jun 18, 2026MLS #B26042956
About this property
The property at a glance
Excellent opportunity to lease a highly visible retail end-cap space fronting busy State Road 441 in Broward County, with exposure to over 57,000 vehicles per day. This approximately 938-square-foot unit was previously home to the well-known Margate Shoe Cobbler, a successful business that served the community for more than 50 years. Existing shoe repair equipment is available for a tenant wishing to continue the trade, or the landlord will clear the space to accommodate a wide variety of retail, office, or service uses. The end-unit location offers outstanding visibility, easy access, and excellent signage potential, making it an ideal location for a new or expanding business.
930
Building sq ft
$3
Price / sq ft
0.2
Lot acres
1973
Year built
1
Unit
1
Building
TOC-G
Zoning
Retail
Property type
The numbers
Investment snapshot
$2,750
Price / unit
Annual Lease
Lease term
1
Unit
Estimated payment (illustrative)
Estimated payment
$1,270/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
997
Population
$65,423
Median income
45
Median age
2
Avg household
$304,720
Median home value
$1,276/mo
Median rent
67%
Households w/ kids
Consumer profile
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Recent sales
What actually sold near 417 N State Road 7 # 417
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,750
1703 N State Road 7 # 1717, Margate FL 33063
Sold Oct 10, 2024
$785,000
525 N STATE RD 7
Sold Dec 2, 2024
$1,200
6408 N University Dr, Tamarac FL 33321
Sold Jun 4, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 417 N State Road 7 # 417 — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 417 N State Road 7 # 417.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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