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$36,500
● Condo - Off Market

#1424

Margate, FL
bedrooms
1 Bed
bathrooms
1 Bath
square feet
714 Ft²
$74,453
RealtyHop Estimate
107.39%
Since Jun 1, 2009
National-US
Primary Model

About This Property

!!!!!  BANK OWNED FORECLOSURE  !!!!!  BEING SOLD AS-IS.  NICE UNIT IN A GREAT COMPLEX.  GOOD LOCATION CLOSE TO EVERYTHING.  PRICED TO SELL COME CHECK IT OUT.     !!!!!
Unit Size
714 Ft²
Days on Market
-
Land Size
-
Price per sqft
$50
Property Type
Condo
Property Taxes
$283
HOA Dues
$210
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 #F1000032)

Price History

Date / Event Date Event Price
May 29, 2009 Sold
Premium
Sold
Apr 20, 2009 Listed by Century 21 Richards Realty $35,900
Listed by Century 21 Richards Realty

Property Highlights

Parking Details
Parking Features: 1 Space, Guest Parking
Interior Details
Full Bathrooms: 1
Interior Features: Other Interior Features
Appliances: Other Equipment/Appliances
Flooring Type: Ceramic Floor, Carpeted Floors
Exterior Details
Listing Terms: Conventional
Construction Type: Cbs Construction
Exterior Features: Other
Financial Details
Total Taxes: $3,393
Tax Year: 2008
Possession Information: Funding
Utilities Details
Heating Type: Central Heat
Cooling Type: Central Cooling
Location Details
Subdivision Complex Building: coral key
Water Access: None
Waterfront Description: Lake Front
HOA Details
HOA Fee: $210 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: John Barbone
Century 21 Richards Realty
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1000032
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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