For sale
Photo 1 of 16$149,000
Price reduced6501 Winfield Boulevard #A-40, Margate FL 33063
1 beds1 baths720 sq ftBuilt 1972MLS# B26022632
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About this property
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.
Features
- Pool
Property details
- Property type
- Condo
- Year built
- 1972
- Living area
- 720 sq ft
- Price per sq ft
- $207
- HOA fee
- $395/mo
- Property taxes
- $2,932/yr
- Parking
- 1 spaces
- Floors in building
- 2
- Building / community
- Margate Village Phase I Co,margate Village
- Status
- Price reduced
- MLS #
- B26022632
