Home » Properties » 5300 Coconut Creek Pkwy, Margate FL 33063

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Retail Commercial Space on Busy Coconut Creek Pkwy in Margate

Corner retail property in Margate with high visibility near a busy mall, suitable for various business uses including drive-through.

$1,100,000

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MLS #A11643749

Listing Updated: 2026-07-10 06:39:51

Listed By: Current Capital Realty

Overview

This retail property at 5300 Coconut Creek Parkway in Margate offers a prime corner location with excellent visibility on a bustling street. Built in 2004, the building features 1,406 square feet, including 470 square feet of air-conditioned office space. Previously operated as a bank, the layout is ideal for businesses seeking a highly trafficked area. The property’s placement in front of a busy shopping center ensures consistent customer flow, while its potential for a drive-through adds versatility for future use. This setting is well-suited for entrepreneurs looking to establish a convenient, accessible retail location within an established commercial corridor in Margate.

Property Highlights

Corner lot in front of busy mall; High street visibility; 1,406 total sq ft; 470 sq ft office space; Former bank layout; Drive-through potential; Located in Margate, FL; Built in 2004

Property Details

City: Margate

State: FL

Zip Code: 33063

Address: 5300 Coconut Creek Pkwy, Margate FL 33063

Year Built: 2004

Property Type: Commercial Sale

Property Sub Type: Retail

Listing Office Name: Current Capital Realty

County: Broward County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $10,900

Days On Market: 870 Days

Original Listing Description

Corner out parcel in front of busy shopping mall on a busy street with high visibility. Former bank location. Total building square footage is 1,406 with 470 office space/under air. Potential for a drive-through business in front of a large customer base.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

5300 Coconut Creek Pkwy, Margate FL 33063

About This Neighborhood

Situated in the vibrant commercial district of Margate, this property benefits from easy access to Coconut Creek Parkway’s busy thoroughfare. The neighborhood features a mix of retail, dining, and service-oriented businesses, fostering a dynamic environment for entrepreneurial ventures. Nearby shopping centers provide daily convenience to visitors and employees alike, while the area’s steady traffic flow underscores its role as a key destination within Margate’s retail landscape.

Walkability & Lifestyle

This location boasts strong walkability within a busy retail corridor, where patrons can easily access a range of shops, eateries, and services in walking distance. The corner lot placement invites convenient foot traffic from adjacent retail locations, enhancing the customer experience. Coconut Creek Parkway also offers ample connectivity for drivers, supporting a seamless blend of pedestrian-friendly and vehicle access.

Things To Do Nearby

Margate provides a rich mix of activities for residents and visitors, with shopping destinations and dining options near Coconut Creek Parkway. The area’s vibrant commercial spaces invite exploration of local eateries and retail stores. For leisure, nearby parks and recreational spots allow for relaxation and outdoor enjoyment, complementing the property’s strategic location in a lively neighborhood.

Nearby Schools

Margate offers a variety of educational options nearby, contributing to community stability and convenience for families in the area. Easy access to local schools makes this location appealing to business owners serving residents who value educational amenities. The neighborhood’s family-friendly atmosphere supports diverse services and retail, adding to the dynamic commercial environment along Coconut Creek Parkway.

Why Buyers Like This Area

Buyers appreciate this retail property for its strategic corner location and high visibility at a busy intersection in Margate. The building’s flexible layout and established infrastructure, including a former bank setup, allow for diverse business uses. Its proximity to a large shopping mall emphasizes strong customer access, making it a practical choice for entrepreneurs seeking both convenience and prominence in a growing commercial hub.

Investment Potential

This retail corner property in Margate is positioned to attract steady foot and vehicle traffic, making it appealing to business owners aiming for high exposure. The former bank setup and drive-through potential provide adaptable options for different commercial uses. Its location before a popular shopping mall supports seasonal and year-round customer activity. While rental income depends on market conditions, the site’s visibility and accessibility offer a solid foundation for attracting tenants or operating your own business in a bustling area.

Market Trends

Margate’s retail market reflects growing demand driven by local residents and commuters on Coconut Creek Parkway. Properties with strong visibility and strategic positioning, such as corner lots near existing shopping centers, tend to attract business interest. This commercial location aligns well with broader regional trends favoring accessible, well-located retail spaces that serve both neighborhood needs and regional traffic patterns.

Rental Income Potential

With its established presence on a busy street and proximity to a popular shopping mall, this retail property supports attractive rental opportunities. Its adaptable layout, including office space and drive-through potential, caters to a variety of tenants. Margate’s commercial real estate market features steady demand, encouraging cautious optimism for consistent rental income, especially from service-oriented businesses seeking convenience and visibility.