Broward/Palm Beach Property Search
Park Plaza
2401-2403 North State Road 7, Margate, FL 33063

Overview
Price: | $2,600,000 |
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Building Size: | 6,466 SF |
Property Type: | Retail |
Total Lot Size: | 1.31 Acres |
Year Built: | 1988 |
Highlights
- Newly constructed ±6,500 SF multi-tenant retail plaza
- Two units: ±4,000 SF (north) & ±2,500 SF (south)
- Zoned for retail, residential, and medical uses
- ±1.31-acre lot with 51 parking spaces (7.8/1,000 SF ratio)
- 265 feet of frontage along North State Road 7 (US-441)
- Monument sign for enhanced visibility and exposure
- High-traffic location with over 52,000 vehicles per day
- Surrounded by national retailers and major attractions
Description
Lee & Associates presents Park Plaza, a newly renovated ±6,500-square-foot multi-tenant retail plaza in Margate, Florida. This prime property features two rentable units: a ±4,000-square-foot northern unit and a ±2,500-square-foot southern unit. Zoned for a wide range of retail and medical uses ideal for an investment property or an owner-user. The plaza is situated on a spacious ±1.31-acre lot with ample parking, offering 51 spaces and an impressive parking ratio of 7.8/1,000 square feet. Boasting 265 feet of frontage along North State Road 7 (US-441), the property enjoys exceptional visibility with over 52,000 vehicles passing by daily. A monument sign further enhances exposure, making it an outstanding opportunity for businesses seeking a high-traffic location. Located near major suburban communities such as Coral Springs, Coconut Creek, Pompano Beach, and Margate, the property benefits from strong consumer demand. Its proximity to high-traffic destinations like Seminole Casino Coconut Creek and The Promenade at Coconut Creek, as well as established national retailers—including Best Buy, Burlington, Walmart, Wawa, and multiple quick-service restaurants—Park Plaza offers an exceptional opportunity for businesses seeking to establish or expand in a dynamic commercial corridor.
Location
Park Plaza is ideally situated in a high-density retail corridor, serving a population of 156,000 within a 3-mile radius. The property benefits from strong visibility along US-441 and close proximity to major shopping destinations, restaurants, and entertainment venues, making it a prime location for businesses looking to capitalize on a thriving consumer base.
Contact Broker
Greg Milopoulos
Principal
Lee & Associates South Florida
Cell | 954.558.1220 |
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Office | 954.558.1220 |
Fax | 305.397.2508 |
James Glockner
Associate
Lee & Associates South Florida
Cell | 808.699.7411 |
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Office | 808.699.7411 |
Fax | 305.397.2508 |
Christian Baena
Senior Vice President
Lee & Associates South Florida
Cell | 954.682.4030 |
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Office | 954.682.4030 |
Fax | 305.397.2508 |
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