Park Plaza

For Sale

2401-2403 North State Road 7, Margate, FL 33063

This Margate property for sale is located at 2401-2403 North State Road 7. The current listed sale price for Park Plaza is $2,800,000. Park Plaza is situated on a lot that is 1.31 acre in size.

Contacts

broker
Greg Milopoulos

Lee & Associates South Florida

Property Details

  • Property Type Retail - Freestanding
  • Property Size 6,466 SF
  • Lot Size 1.31 Acre
  • Parking Spaces Avail. 51
  • Parking Ratio 7.80 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1988
  • Year Renovated 2016
  • Date Updated Feb 14, 2025
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.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.
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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

Getting around

  • 68/100

    Walk Score ®

  • 39/100

    Transit Score ®

  • 53/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Margate, FL
  • Neighborhood Coventry House
  • Zip Code 33063
  • Market Fort Lauderdale

Points of Interest

  • Fort Lauderdale

    9.90 miles

  • Shell

    1.48 miles

  • Speedway

    1.64 miles

  • Cumberland Farms

    1.81 miles

  • Mobil

    1.93 miles

  • Chevron

    2.01 miles

  • Sunoco

    2.02 miles

  • 7-Eleven

    2.28 miles

  • Liberty

    2.34 miles

  • Sunrise Town Center

    6.90 miles

  • Tesla Supercharger

    9.52 miles

  • Semi Parking

    2.45 miles

  • Ambulance Parking

    2.92 miles

  • Coral Springs City Hall Parking Garage

    3.27 miles

  • Winn-Dixie

    4.66 miles

  • Sunshine Plaza

    4.87 miles

  • DRV PNK Stadium Parking Lots

    5.07 miles

  • South Parking Lot

    5.14 miles

  • North Parking Lot

    5.24 miles

  • USCIS Parking Garage

    5.32 miles

  • Walmart Parking

    5.69 miles

  • KFC

    0.08 miles

  • Taco Bell

    0.11 miles

  • Vo An Vietnamese Restaurant

    0.45 miles

  • Burger King

    0.59 miles

  • Pearl of The Island Caribbean Cuisine

    0.67 miles

  • JOJI Yogurt & Dessert Bar

    1.02 miles

  • Dunkin'

    1.10 miles

  • La Bamba Mexican & Spanish Restaurant

    1.11 miles

  • Wendy's

    1.22 miles

  • Boston Market

    1.52 miles

  • China Supermarket

    0.79 miles

  • Winn-Dixie

    0.97 miles

  • ALDI

    1.10 miles

  • Publix

    1.13 miles

  • Ross

    1.27 miles

  • Burlington

    1.37 miles

  • Walmart Supercenter

    1.40 miles

  • Target

    1.86 miles

  • Promenade at Coconut Creek

    2.06 miles

  • El Bodegón

    2.13 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Greg Milopoulos

Lee & Associates South Florida

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