6810 SW 7th Street, Margate, FL 33068 (MLS# A12098306)

6810 SW 7th Street, Margate, FL 33068

New Listing

$12,500,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12098306

Property Type: Business Opportunity Square Footage: 27,408 Status: Active

Current Price: $12,500,000 List Date: 10/01/2026 Last Modified: 10/02/2026

Overview

Description

Outstanding investment or owner-user opportunity in the heart of Margate. This free-standing commercial property is purpose-built and fully licensed for 111 beds assisted living, offering a rare combination of scale, functionality, and location. Set on a 1.3855-acre lot and boasting 23,382 sq. ft. of living space, this well-maintained facility is thoughtfully designed to provide comfort, safety, and operational efficiency, spacious common areas, shared, private, and semi-private rooms, and commercial-grade kitchen facilities. The property’s size and layout allow for a substantial resident capacity while maintaining an intimate, home-like atmosphere. Located near medical centers and community amenities, it offers both convenience and accessibility for families and healthcare providers.

Listing Details MLS# A12098306

General Property Information

Occupant Type: Call Listing Agent
Building Area Main: 27408
Occupied Area: 23000
Year Built: 1972
Training Available YN: Yes

Property Features

Business Type: Commercial; Professional Service Flooring: Tile Heating: Central; Central Building; Electric Lease Term Remaining: No Lease Terms Remaining Parking Features: Free Sale Includes: Building; Business; Furniture; Inventory; Land; License; Machinery Special Licenses: City License; Professional; State License Source Of Expenses: Owner Provided; Pro Forma Construction Materials: CBS Cooling: Central Building Listing Terms: Cash; Conventional; Owner Will Carry Road Description: Two Lane Road Frontage Type: City Street Roof: Tar/Gravel Security Features: Fire Sprinkler System; Security Fence; Security Gate; Smoke Detector(s) Water Source: Public Showing Requirements: 24 Hour Notice; Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 12500000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 6810
Street Direction Prefix: SW
Street Name: 7th
Street Suffix: Street
City Name: Margate
State Or Province: FL
Postal Code: 33068
Postal Code +4: 2404
Area: 3633
Geographic Area: NDIX - North Broward Us1 To Dixie Hwy (3311-3342)
Parcel Number: 494101091770
Subdivision Number: 9
Zoning: R-3
Flood Zone: X
Property Description: Free Standing Commercial

Financial Information

Tax Annual Amount: 155164
Tax Year: 2025
Tax Legal Description: KIMBERLY FOREST 68-31 B TRACT F

Status Change Information

Major Change Timestamp: 2026-10-01T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-10-01

More Information

Building and Property Details

% Air Conditioned: 6
Improvement Height: 1 Story
Maximum Occupancy: 111

Business Details

Total Employees: 48
Year Established: 2020
Years Current Owner: 6

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Gross Income: 3330000
Inc/Exp Statement Period: 2026
Insurance Expense: 256000

Price Calculations

Current Price To SqFt: 456.07

Section Details

Parcel Number MLX: 1770

Originating Details

Originating System Key: 565333582
Originating System ID: M00000151

Currently Not Used

Year Built: 1972

Listing Office: Stoic Estates, LLC.

Last Updated: October - 02 - 2026

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