5453 NW 24 Street 5, Margate, FL 33063 — MLS photo

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5453 NW 24 Street 5, Margate, FL 33063

Active · Industrial

$2,100,000

5453 NW 24 Street 5, Margate, FL 33063

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
2004
Lot size
—
HOA fee
—
Annual tax
$7,431

About this property

Owner User! Pristine Office/Warehouse complex - 4 individual warehouse condo units being sold as a group Appx 7200 total sq ft. Each unit has appx 1200 sq ft lower level and a permitted load bearing loft appx 600 +/- sq.ft. Upper lever Impact windows with panel shutters for the first floor. Every unit has an air conditioned office with a separate bathroom. Large warehouse with 12 'x 14' high electric overhead door. 18 ft clear ceiling height. .20-yearr roof warranty, work completed Oct 2025. All units have a high level of finish and are all currently occupied. Nice clean and professionally maintained industrial park. Built appx 2004. Do not disturb tenants. All listing information provided by the seller Buyer must verify

Property location

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5453 NW 24 Street 5, Margate, FL 33063

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Facts & features

Interior

Bathrooms
0
Flooring
Concrete, Tile
Cooling
Central Air
Heating
Central

Exterior & Structure

Property type
Industrial
Year built
2004
Lot size
0 sq ft
Roof
Composition, Steel Truss
Construction
Block

Parking

Covered spaces
0

HOA, Community & Financials

Annual tax
$7,431
County
Broward
Days on market
325
MLS listing ID
R11144422
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,404

Cap rate
4.9%
Net yield
4.9%
Cash-on-cash return
-2.9%
Gross yield
6.6%
Mortgage payment
$9,955/mo
Down payment
$525,000
Loan amount
$1,575,000
Annual NOI
$102,609

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.