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$165,000
● Townhouse - Off Market

#1111

Margate, FL
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,151 Ft²
$300,121
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Beautiful townhouse, excellent  schools area, gated community with pool,very close to cassino  and promenade
Unit Size
1,151 Ft²
Days on Market
-
Land Size
-
Price per sqft
$147
Property Type
Townhouse
Property Taxes
$62
HOA Dues
$199
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 #F1342431)

Price History

Date / Event Date Event Price
Jul 1, 2015 Sold
Premium
Sold
May 23, 2015 Listed by Golden Realty Best Investment $169,000
Listed by Golden Realty Best Investment

Property Highlights

Parking Details
Parking Features: Assigned Parking, Guest Parking
Interior Details
Full Bathrooms: 2
Half Bathrooms: 1
Interior Features: First Floor Entry, Walk-In Closets
Appliances: Dishwasher, Disposal, Dryer, Fire Alarm, Microwave, Electric Range, Refrigerator, Security System, Smoke Detector, Washer
Flooring Type: Tile Floors, Carpeted Floors
Dining Room: Dining/Living Room
Exterior Details
Listing Terms: No Terms
Construction Type: Cbs Construction
Exterior Features: Fence, Privacy Wall
Financial Details
Total Taxes: $745
Tax Year: 2014
Possession Information: Other
Utilities Details
Heating Type: Central Heat
Cooling Type: Central Cooling
Location Details
Subdivision Complex Building: Merrick Preserve Condo
HOA Details
HOA Fee: $199 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

Currently no similar homes around
BEACHES

Listed by: Sireney Forbicini
Golden Realty Best Investment
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1342431
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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