7462 Royal Palm Boulevard, Margate, FL 33063

General Property Information

Occupant Type: Tenant
Occupied Area: 2748

Property Features

Annual Base Rate: Other Annual Base Rate Business Type: Commercial; Food & Beverage; Restaurant Expenses Include: Rent Heating: Central Building Lease Term Remaining: 4-6 Years Possession: Close Of Escrow; Subject To Tenant Rights Sale Includes: Business; Furniture; Leases; License; Machinery Special Licenses: Occupational Source Of Expenses: Books Cooling: Central Building Listing Terms: Cash Sewer: Public Sewer Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 120000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 7462
Street Name: Royal Palm
Street Suffix: Boulevard
City Name: Margate
State Or Province: FL
Postal Code: 33063
Area: 3632
Geographic Area: FTSL - Tamarac/Snrs/Lderhl (3650-3670;3730-3750;3820-3850)
Zoning: Commercial

Status Change Information

Major Change Timestamp: 2026-05-22T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-06-03

Building and Property Details

# Of Toilets: 2
% Air Conditioned: 2
Maximum Occupancy: 70
Seating Capacity: 70

More Information

Business Details

Total Employees: 5
Year Established: 2023
Years Current Owner: 3

Lease Details

Renewal Option Description: 5 years

Income and Expenses

Gross Income: 450000
Gross Rent: 4500
Gross Sales: 450000
Inc/Exp Statement Period: 2 years
Insurance Expense: 500

Section Details

Parcel Number MLX: 7462

Originating Details

Originating System Key: 503258117
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Sewer

Public Sewer: Yes

Business Type

Commercial: Yes
Food & Beverage: Yes
Restaurant: Yes

Heating

Central Building: Yes

Sale Includes

Business: Yes
Furniture: Yes
Leases: Yes
License: Yes
Machinery: Yes

Special Licenses

Occupational: Yes

Listing Terms

Cash: Yes

Water Source

Public: Yes

Annual Base Rate

Other Annual Base Rate: Yes

Expenses Include

Rent: Yes

Hours/Days Of Operation

Varies: Yes
# Of Days Open: 6

Lease Term Remaining

4-6 Years: Yes

Source Of Expenses

Books: Yes

Cooling

Central Building: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes