Investor's dream in the heart of Margate Village! This 1BR/1BA condo (720 sq ft) is currently tenant-occupied at $1,750/month turnkey income from day one with zero vacancy lag. With HOA dues at just $395/month covering exterior maintenance, insurance, landscaping, water, and access to community amenities, your cash flow stays strong and your management headache stays low. Even better: this community is NOT required to fully fund reserves on structural items a major advantage in today's South Florida market where many associations are passing massive special assessments and reserve hikes onto owners. The unit features tile flooring throughout (no carpet!), a kitchen with ample cabinetry, a generous walk-in closet, and an enclosed patio with private parking-lot access.
| MLS # | B26022632 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $395 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1972 |
| Days On Site | 126 |
| Listing Provided By | Levy Elite Realty Inc | Ben Levy |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 720 |
| Pool | Yes |
| Story(s) | 2 |
| Zoning | R-3 |
| Parking Features | Assigned, Deeded, Guest |
|---|
| Tax Annual Amount | 2932 |
|---|
| Community Features | Clubhouse, Laundry Facilities, Maintained Community, Pool |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Margate |
| Zip Code | 33063 |
| Area | 3631 |
| Subarea | North Broward 441 To Everglades (3611 3642) |
| Community Name | MARGATE VILLAGE PHASE I CO |
| Listing VS Median (in MARGATE VILLAGE PHASE I CO) | |
Price: $149,000 low | high Med: $2,250 sqft: 720 low | high Med: 1,000 $ / sqft: $207 low | high Med: $2 On site: 126 low | high Med: 71 | |
| State | FL |
|---|---|
| County | Broward |
| City | Margate |
| Zip Code | 33063 |
| Area | 3631 |
| Subarea | North Broward 441 To Everglades (3611 3642) |
| Community Name | MARGATE VILLAGE PHASE I CO |
| Listing VS Median (in MARGATE VILLAGE PHASE I CO) | |
Price: $149,000 low | high Med: $2,250 sqft: 720 low | high Med: 1,000 $ / sqft: $207 low | high Med: $2 On site: 126 low | high Med: 71 | |