NOT LISTED FOR SALE

701-703 N State Road 7 Margate, FL 33063

Hammon Heights Neighborhood

Estimated Value: $978,541

0.19 Acre
$5,150,216 Price per Acre
8,221 Sq Ft Lot

Last Sold December 01, 2019

Last sale price $1,000

Est. 97,754% increase in value since last sale

Current estimated payment $6,851/month

135 Days on Market

About This Lot

As of December 2019

Excellent corner property! 650 sq ft Heavy, high, traffic count, direct frontage on 441. Ideal for retail, Hair Salon or Nails, Barber, convenience, or most businesses who desire great visibility. Retail with own restroom, washer and dryer in unit and water connections for 2 shampoo chairs, this unit was used as a hair Salon. All tiled, new roof, newer A/C. Parking on 3 sides with potential for approximately 20 cars. This location is surrounded by residential neighborhoods and commercial businesses, including Wal-Mart, Lakewood Mall, Bank of America, Denny's, fast foods. Close to Turnpike, I95, Sawgrass expressway. Minimum lease period 2 years.

Last Agent to Sell the Property

Ysabel Cortez

RE/MAX Direct License #3105760 Listed on: 06/18/2019

RE/MAX Direct

Co-Listed By

Bill Reinhardt

RE/MAX Direct License #3364500

Last Buyer's Agent

Ysabel Cortez

RE/MAX Direct License #3105760 Listed on: 06/18/2019

RE/MAX Direct

Property Details

Property Type

  • Land

Lot Details

  • 8,221 Sq Ft Lot
  • Lot Dimensions are 0x210
  • Property fronts a state road
  • Corner Lot
  • Paved or Partially Paved Lot
  • Property is zoned B-3

Location

  • City Lot

Community Details

  • Margate Realty 1 42 42 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484136060110

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Business
  • Property Sub Type Additional: Commercial
  • Directions: From I-95 go W to Atlantic Blvd. at State Rd 7 Turn N. Property is on the corner.
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: <1 Acre, Central Business District, Corner Lot, City Lot
  • Road Frontage Type: Highway, State Road
  • Road Surface Type: Paved
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Lot Info

  • Parcel #: 484136060110
  • Current Use: Other
  • Lot Size Acres: 0.19
  • Lot Size: 0x210
  • Lot Size Sq Ft: 8221.0
  • Zoning Description: B-3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 7990.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2019
Closed on
Oct 9, 2020
Sold by
Origuella Eduardo and Origuella Maria Aparecida
Bought by
Norkobes Beauty Llc
Seller's Agent
Ysabel Cortez
RE/MAX Direct
Buyer's Agent
Brian Davis
Court Side Realty Firm LLC
List Price
$755,000
Sold Price
$675,000
Premium/Discount to List
-$80,000
-10.6%
Current Estimated Value
$978,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,541
Avg. Annual Appreciation
8.44%
Original Mortgage
$620,000
Outstanding Balance
$541,628
Interest Rate
2.9%
Mortgage Type
Small Business Administration
Estimated Equity
$457,556

Purchase Details

Closed on
May 29, 2008
Sold by
Bond Gilmer David
Bought by
Origuella Eduardo and Origuella Maria Aparecida
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Norkobes Beauty Llc $675,000 Title Experts Of South Fl In
Origuella Eduardo $375,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norkobes Beauty Llc $620,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2019 12/01/19 Sold $1,000 -81.8% --
11/01/2019 11/01/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $5,500 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,923 $790,620 $84,270 $706,350
2024 $16,472 $790,620 $84,270 $706,350
2023 $16,472 $714,390 $0 $0
2022 $14,798 $649,450 $84,270 $565,180
2021 $13,935 $606,770 $84,270 $522,500
2020 $8,084 $339,920 $84,270 $255,650
2019 $9,047 $379,960 $84,270 $295,690
2018 $9,086 $419,670 $84,270 $335,400
2017 $9,025 $385,000 $0 $0
2016 $8,529 $358,100 $0 $0
2015 $7,822 $325,550 $0 $0
2014 $7,545 $308,560 $0 $0
2013 -- $301,760 $84,270 $217,490
Source: Public Records

Agents Affiliated with this Home

  • Ysabel Cortez

    Seller's Agent in 2019

    Ysabel Cortez

    RE/MAX

    (561) 503-1858

    1 in this area

    89 Total Sales

    Section Image
  • Bill Reinhardt

    Seller Co-Listing Agent in 2019

    Bill Reinhardt

    RE/MAX

    (561) 299-8045

    1 in this area

    83 Total Sales

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10181401

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-36-06-0110

Florida Broward County Margate 33063 Hammon Heights

701-703 N State Road 7, Margate, FL

This home is located at 701-703 N State Road 7, Margate, FL 33063 since 18 June 2019 and is currently estimated at $978,541. 701-703 N State Road 7 is a home located in Broward County with nearby schools including Atlantic West Elementary School, Margate Middle School, and Coconut Creek High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. 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.

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