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Margate 33068 Palm Beach Farms
634 N Cortez Drive
$475,000
● Mobile Manufactured - Off Market

634 N Cortez Drive

Margate, FL 33068
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,022 Ft²
$547,954
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Best RV Park Area in South Florida!
Unit Size
1,022 Ft²
Days on Market
35 days
Land Size
0.13 acres
Price per sqft
$538
Property Type
Mobile Manufactured
Property Taxes
$413
HOA Dues
$1,021
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 months ago (Beaches MLS #F10395736)

Price History

Date / Event Date Event Price
Oct 19, 2023 Sold
Premium
Sold
Sep 14, 2023 Listed by Lucky Florida Realty $550,000
Listed by Lucky Florida Realty
Best RV Park Area in South Florida!

Property Highlights

Air Conditioning
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Palm Beach Farms

Stats & Trends

Median Asking:

$349,000

Sale Price/ft²

$821

Below Asking

0.06%

Average Days on Market

136

Average Home Size

854 ft²

Average Home Age

9.7 years

Currently For Sale

12 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4200 Oaks Terrace, Pompano Beach, FL, 33069

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,112 ft²
4200 Oaks Terrace #104, Pompano Beach, FL, 33069 Listing by Natalia Hunter PA
Unit for rent at 4240 Oaks Terrace, Pompano Beach, FL, 33069

$3,000 /mo

  • 3 Beds
  • 3 Baths
  • 1,620 ft²
4240 Oaks Terrace #103, Pompano Beach, FL, 33069 Listing by Mahriah Leela Tucker
Unit for rent at 800 Cypress Boulevard, Pompano Beach, FL, 33069

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
800 Cypress Boulevard #204A, Pompano Beach, FL, 33069 Listing by Adam Simha

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Jean Lachance
Lucky Florida Realty
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# F10395736
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

Frequently Asked Questions

When was property at 634 North Cortez Drive built and last sold?
The property at 634 North Cortez Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 634 North Cortez Drive is $0.
What are some comparable homes to 634 North Cortez Drive?
There are currently no comparable homes to 634 North Cortez Drive.
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