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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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6501 Winfield Boulevard A-40 , Margate, FL 33063
$149,000
Est. Payment: $331.11/mo
1 Bed
1 Bath
720 Sqft
Status: Active | Days on site: 130
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FLL276575583 - FLL3229289
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House 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.

Highlights

Listed by Ben Levy , 754-204-0087 Levy Elite Realty Inc , 754-204-0087.

Property Type

Condo/Townhome

HOA Fee

395 Monthly

Year Built

1972

County

Broward

Area

3631

Neighborhood

Margate Village Phase I Co

Listing ID

B26022632

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Built-In Oven, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Floor:Ceramic Tile,Tile
Other:
  • Additional:Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
Water:Public

Exterior Features

Garage Capacity:1
Zoning:R-3
Roof:Composition,Shingle
Sewer:Public Sewer
Parking Features:Assigned,Deeded,Guest
Principal Interest
$331
Taxes
$244
HOA
$395

Home Price

$149,000

Loan Details

30 yrs
%

Down Payment

20%
$29,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$331.11

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $331.11 $244.33 $395.00 $970.44
Yearly $3,973.33 $2,932.00 $4,740.00 $11,645.33
Total $119,200.00 $87,960.00 $142,200.00 $349,360.00

Today's Rates

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0%

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Market insight data is pulled from the same city as the listing being viewed (Margate, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.