$55,000
●
Condo -
Off Market
6850 Royal Palm Boulevard #310
Margate, FL 33063
1 Bed
1 Bath,
1
Half Bath
780 Ft²
$76,216
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
DESIRABLE CLEAN ONE BEDROOM AND ONE AND A HALF BATH ON THIRD FLOOR
WITH A BEAUTIFUL VIEW OF POOL.THIS 55+ UNIT IS PRICED TO SELL QUICK
AND WILL NOT LAST LONG.NEAR ALL SHOPPING AND PUBLIC TRANSPORTATION
ON ROYAL PALM BLVD.AMENITIES INCLUDE BASIC CABLE WITH HBO, LIBARY
AND CARD ROOMS,STORAGE UNIT,ELEVATOR, LAUNDRY ROOM, 3 POOLS,
TENNIS, GYM AND MORE.
Unit Size
780 Ft²
Days on Market
31 days
Land Size
-
Price per sqft
$74
Property Type
Condo
Property Taxes
$69
HOA Dues
$620
Year Built
-
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Cap Rate Calculator
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Monthly Property Taxes
Monthly Rental Income
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Operating Profit Per Year
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: 9 months ago (Beaches MLS #F10251753)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 2, 2020 | Sold | ||
| Sold | |||
| Oct 1, 2020 | Listed by RE/MAX In Motion Inc | $57,500 | |
| Listed by RE/MAX In Motion Inc | |||
| | |||
|
DESIRABLE CLEAN ONE BEDROOM AND ONE AND A HALF BATH ON THIRD FLOOR WITH A BEAUTIFUL VIEW OF POOL.THIS 55+ UNIT IS PRICED TO SELL QUICK AND WILL NOT LAST LONG.NEAR ALL SHOPPING AND PUBLIC TRANSPORTATION ON ROYAL PALM BLVD.AMENITIES INCLUDE BASIC CABLE WITH HBO, LIBARY AND CARD ROOMS,STORAGE UNIT,ELEVATOR, LAUNDRY ROOM, 3 POOLS, TENNIS, GYM AND MORE.
| |||
Property Highlights
Parking Available
Elevator
Air Conditioning
Fireplace
Parking Details
Parking Features: Guest
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Other
Appliances: Electric Range, Gas Range, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier
Flooring Type: Carpet, Vinyl
Has Fireplace
Exterior Details
Has Property Attached
Square Footage: 780
Security Features: Other
Property Condition: Resale
Architectural Style: Other
Year Built: 1981
Construction Materials: Block
Patio and Porch Features: Patio, Porch, Balcony
Pool Features: Association
Pool is Private
Financial Details
Tax Annual Amount: $832
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Pest Control, CommonAreas, HotWater
HOA/Condo/Coop Amenities: Clubhouse, Other, Pool
HOA Fee: $310
HOA Fee Frequency: Monthly
Condo/Coop Fee: $310
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/29/2026
|
2 Bed
|
2 Bath
|
970 ft²
|
$95,000
2 Bed
2 Bath
970 ft²
|
-
-
|
Jenni Gallaudet
Keller Williams - Coral Springs
| |
|
02/27/2026
|
1 Bed
|
1 Bath
|
720 ft²
|
$149,900
1 Bed
1 Bath
720 ft²
|
$114,000
-23.95%
07/01/2026
|
Mary Sibiski
The Keyes Company
| |
|
06/14/2022
|
1 Bed
|
2 Bath
|
720 ft²
|
$69,900
1 Bed
2 Bath
720 ft²
|
-
-
|
Matthew N Soldano
Realty Express
| |
|
05/13/2022
|
1 Bed
|
2 Bath
|
850 ft²
|
$100,000
1 Bed
2 Bath
850 ft²
|
$100,000
12/15/2022
|
Mike Sweeney
Keller Williams Realty CS
| |
|
05/07/2022
|
2 Bed
|
2 Bath
|
-
|
$135,000
2 Bed
2 Bath
|
-
-
|
Tim Richards
RE/MAX In Motion Inc
| |
|
09/07/2021
|
2 Bed
|
2 Bath
|
970 ft²
|
$82,500
2 Bed
2 Bath
970 ft²
|
$80,000
-3.03%
10/07/2021
|
Tim Richards
RE/MAX In Motion Inc
| |
|
08/08/2021
|
1 Bed
|
2 Bath
|
720 ft²
|
$69,000
1 Bed
2 Bath
720 ft²
|
-
-
|
Adel Alonso
Keller Williams Legacy
| |
|
10/16/2020
|
2 Bed
|
2 Bath
|
970 ft²
|
$82,000
2 Bed
2 Bath
970 ft²
|
$80,000
-2.44%
12/09/2020
|
Christi Raye
Skye Louis Realty Inc
| |
|
10/01/2020
|
1 Bed
|
2 Bath
|
780 ft²
|
$57,500
1 Bed
2 Bath
780 ft²
|
$55,000
-4.35%
11/02/2020
|
Tim Richards
RE/MAX In Motion Inc
| |
|
03/25/2020
|
2 Bed
|
2 Bath
|
1100 ft²
|
$85,500
2 Bed
2 Bath
1100 ft²
|
$80,000
-6.43%
09/18/2020
|
Brian Brooker
Ashley Realty S. Florida Prop.
| |
|
12/02/2019
|
1 Bed
|
2 Bath
|
720 ft²
|
$49,900
1 Bed
2 Bath
720 ft²
|
$45,000
-9.82%
12/23/2019
|
Joe Lanser
RE/MAX Complete Solutions
| |
|
08/01/2018
|
2 Bed
|
2 Bath
|
970 ft²
|
$73,500
2 Bed
2 Bath
970 ft²
|
$65,000
-11.56%
09/19/2018
|
Tim Richards
RE/MAX In Motion Inc
| |
|
07/14/2018
|
2 Bed
|
2 Bath
|
-
|
$75,000
2 Bed
2 Bath
|
$73,500
-2.00%
08/24/2018
|
Tim Richards
RE/MAX In Motion Inc
| |
|
11/30/2017
|
2 Bed
|
2 Bath
|
1100 ft²
|
$79,000
2 Bed
2 Bath
1100 ft²
|
$77,000
-2.53%
01/29/2018
|
Gary Lanham
Coldwell Banker Realty
| |
|
01/25/2017
|
2 Bed
|
2 Bath
|
1100 ft²
|
$55,900
2 Bed
2 Bath
1100 ft²
|
$50,200
-10.20%
04/07/2017
|
Bruce L Fineman
Bruce L. Fineman
| |
|
08/01/2016
|
1 Bed
|
2 Bath
|
900 ft²
|
$55,000
1 Bed
2 Bath
900 ft²
|
$51,500
-6.36%
12/29/2016
|
Rita Mesquita
Campbell & Rosemurgy Real Est
| |
|
05/02/2012
|
1 Bed
|
1 Bath
|
850 ft²
|
$13,000
1 Bed
1 Bath
850 ft²
|
$13,000
08/30/2012
|
Steve Modica
Real Estate Home Sales Inc
| |
|
08/05/2010
|
2 Bed
|
2 Bath
|
-
|
$39,900
2 Bed
2 Bath
|
$33,000
-17.29%
10/22/2010
|
Bill Fitzsimmons
RE/MAX Direct
| |
|
04/24/2008
|
2 Bed
|
2 Bath
|
1000 ft²
|
$39,500
2 Bed
2 Bath
1000 ft²
|
$35,000
-11.39%
12/17/2008
|
Ellen Rossiter
Coldwell Banker/ BR
| |
|
01/03/2008
|
2 Bed
|
2 Bath
|
-
|
$59,900
2 Bed
2 Bath
|
$55,000
-8.18%
03/21/2008
|
Susan Macmillan
Coldwell Banker Residential RE
| |
|
08/30/2007
|
2 Bed
|
2 Bath
|
1300 ft²
|
$100,000
2 Bed
2 Bath
1300 ft²
|
$85,000
-15.00%
02/25/2008
|
Carlos Caicedo
RE/MAX Complete Solutions
|
Building Info
6850 Royal Palm Boulevard
6850 Royal Palm Boulevard, Pompano Beach, FL 33063
- 3 Units for Sale
About Royal Palm Gardens
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Listed by: Timothy L. Richards
Realty Express
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# F10251753
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.
Realty Express
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# F10251753
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