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$78,000
● Condo - Off Market

#103

Margate, FL
bedrooms
2 Beds
bathrooms
2 Baths
square feet
815 Ft²
$152,245
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

BEAUTIFUL CONDO OVER LOOKING THE LAKE IN THE HEART OF THE CITY OF MARGATE - PERFECT VIEW, WELL LOCATED - ANYT - YOUR BUYER WILL LOVE IT - CALL FOR SHOWING
Unit Size
815 Ft²
Days on Market
-
Land Size
-
Price per sqft
$104
Property Type
Condo
Property Taxes
$70
HOA Dues
$270
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (Beaches MLS #F1325029)

Price History

Date / Event Date Event Price
May 29, 2015 Sold
Premium
Sold
Jan 23, 2015 Listed by Snapp Realty $85,000
Listed by Snapp Realty

Property Highlights

Parking Details
Parking Features: 1 Space, Guest Parking
Interior Details
Full Bathrooms: 2
Interior Features: First Floor Entry
Appliances: Dryer, Disposal, Dishwasher, Electric Range, Washer
Flooring Type: Carpeted Floors, Ceramic Floor, Tile Floors
Exterior Details
Listing Terms: Conventional, Cash Only
Construction Type: Cbs Construction
Exterior Features: Screened Porch
Financial Details
Total Taxes: $835
Tax Year: 2014
Possession Information: Funding
Utilities Details
Heating Type: Central Heat
Cooling Type: Central Cooling
Location Details
Location: 441/STATE RD 7 - TO ATLANTIC BLVD - GO EAST TO LAKESIDE DR. - NORTH TO THE GATE
Subdivision Complex Building: VIEWPOINT
Water Access: Other
Waterfront Description: Lake Front
HOA Details
HOA Fee: $270 Monthly

Comparables

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

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

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BEACHES

Listed by: Josue Duverna
Snapp Realty
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1325029
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.
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