6501 Winfield Boulevard Unit A-40, Margate, FL 33063

$149,000
1
BD
1
BA
720
SqFt

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List Price
$149,000
Days on Market
108
Price Change
▼ $11,000 1780461922
MLS#
B26022632
Year Built
1972
Bedrooms
1
Bathrooms
1
Living Area
720
Building Name
Margate Village
MLS Area Major
3631

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.

Additional Information

Taxes
$2,932
Hoa Fee
$395
Interior Features
Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
Appliances
Cooktop, Dishwasher, Electric Cooktop, Electric Range, Disposal, Microwave, Oven, Range, Refrigerator, Vented Exhaust Fan
Utilities
Cable Available, Water Connected
Heating
Central
Air Conditioning
Central Air, Ceiling Fan(s)
Exterior Construction
Block
Roof
Shingle
Elementary School
Margate
Middle School
Margate
High School
Coral Springs

Listing courtesy of Levy Elite Realty Inc.

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Calculator source: Real Geeks