REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Kayai Graham

kayairealty@gmail.com +1(561) 305-3417

$ 160,000

Est. payment | -/mo

1 Bed

1 Bath

720 SqFt

Save Virtual Tour

$ 160,000

Est. payment | -/mo

Save Virtual Tour

1 Bed

1 Bath

720 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 720 sqft

Price per Sqft $222

Subdivision Margate Village Phase I Condo

MLS Listing ID B26022632

Bedrooms 1

Full Baths 1

Construction Status Resale,Updated/Remodeled

HOA Fees $395/mo

HOA Y/N Yes

Total Fin. Sqft 720

Year Built 1972

Annual Tax Amount $2,932

Tax Year 2025

Property Sub-Type Condominium

Property Description

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.

Location

State FL

County Broward

Area 3631

Zoning R-3

Direction East

Rooms

Main Level Bedrooms 1

Interior

Interior Features Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)

Heating Central

Cooling Central Air, Ceiling Fan(s)

Flooring Ceramic Tile, Tile

Fireplace No

Appliance Cooktop, Dishwasher, Electric Cooktop, Electric Range, Disposal, Microwave, Oven, Range, Refrigerator, Vented Exhaust Fan

Laundry Common Area

Exterior

Parking Features Assigned, Asphalt, Concrete, Deeded, Guest

Pool Association

Utilities Available Cable Available, Water Connected

Amenities Available Clubhouse, Laundry, Maintenance, Pool, Parking, Spa/Hot Tub

Water Access Desc Public

Roof Type Shingle

Total Parking Spaces 1

Garage No

Private Pool No

Building

Dwelling Type Multi Family

Faces East

Story 2

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block

New Construction No

Construction Status Resale,Updated/Remodeled

Schools

Elementary Schools Margate

Middle Schools Margate

High Schools Coral Springs

Others

Pets Allowed No

HOA Fee Include Common Areas,Maintenance Grounds,Pool(s),Roof,Sewer,Trash,Water

Senior Community No

Restrictions No Restrictions

Tax ID 484124ab0400

Security Features Fire Alarm,Smoke Detector(s)

Acceptable Financing Cash, Conventional, FHA, VA Loan

Membership Fee Required false

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Pets Allowed No

Virtual Tour https://www.propertypanorama.com/6501-Winfield-Boulevard-A40-Margate-FL-33063/unbranded

Listed by Ben Levy Levy Elite Realty Inc

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(561) 305-3417

kayairealty@gmail.com

560 Village Blvd,Suite 120 #81, West Palm Beach, Florida, 33409, USA

6501 Winfield BLVD #A-40 Margate, FL 33063