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$15,000
● Condo - Off Market

#201

Margate, FL
bedrooms
2 Beds
bathrooms
2 Baths
square feet
990 Ft²
$30,915
RealtyHop Estimate
120.82%
Since May 1, 2011
National-US
Primary Model

About This Property

PRICE REDUCED!!!  Some lucky buyer will STEAL this property.  Property being sold AS IS.  All offers MUST include proof of funds to purchase if cash or prequalification letter from a WELLS FARGO Home Mortgage Loan Officer.  Buyer must use seller's closing  company, seller pays buyers title insurance.  Listing broker to hold earnest money deposit.
Unit Size
990 Ft²
Days on Market
-
Land Size
-
Price per sqft
$14
Property Type
Condo
Property Taxes
$35
HOA Dues
$228
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 #F1111540)

Price History

Date / Event Date Event Price
Apr 25, 2011 Sold
Premium
Sold
Dec 21, 2010 Listed by RE/MAX Sawgrass Realty $14,000
Listed by RE/MAX Sawgrass Realty

Property Highlights

Parking Details
Parking Features: Assigned Parking
Interior Details
Full Bathrooms: 2
Interior Features: Closet Cabinetry
Appliances: Dishwasher
Flooring Type: Tile Floors, Carpeted Floors
Exterior Details
Listing Terms: Conventional, Cash Only
Construction Type: Cbs Construction
Exterior Features: Open Balcony
Financial Details
Total Taxes: $418
Tax Year: 2009
Possession Information: Funding
Utilities Details
Heating Type: Electric Heat
Cooling Type: Electric Cooling
Location Details
Subdivision Complex Building: Oriole Gardens Three
HOA Details
HOA Fee: $685 Quarterly

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: Steven Beams
RE/MAX Sawgrass Realty
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1111540
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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