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$37,000
● Condo - Off Market

#201D

Margate, FL
bedrooms
1 Bed
bathrooms
1 Bath
square feet
649 Ft²
$74,164
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

1 BED 1 BATH ALL AGES, CLOSE TO SHOPPING AND MAIN HIGHWAYS. POOL, CLUBHOUSE, AND LAUNDRY FACILITIES ON SITE. LARGE LIVING ROOM AND SCREENED IN PATIO.
Unit Size
649 Ft²
Days on Market
-
Land Size
-
Price per sqft
$61
Property Type
Condo
Property Taxes
$30
HOA Dues
$275
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 #F1277579)

Price History

Date / Event Date Event Price
Jun 4, 2014 Sold
Premium
Sold
Feb 18, 2014 Listed by Century 21 Tenace Realty Inc $39,900
Listed by Century 21 Tenace Realty Inc

Property Highlights

Parking Details
Parking Features: 1 Space, Guest Parking
Interior Details
Full Bathrooms: 1
Interior Features: Second Floor Entry
Appliances: Electric Range, Refrigerator
Flooring Type: Wood Floors, Tile Floors
Exterior Details
Listing Terms: Cash Only
Construction Type: Cbs Construction
Exterior Features: Courtyard
Financial Details
Total Taxes: $362
Tax Year: 2013
Possession Information: Funding
Utilities Details
Heating Type: Electric Heat, Central Heat
Cooling Type: Electric Cooling, Central Cooling
Location Details
Location: I-95 TO COPANS (WEST), TURN RIGHT (N) ON US441 (SR7) TO WINFIELD BLVD, TURN LEFT (W) ON WINFIELD, THEN RIGHT INTO MARGATE VILLAGE (AFTER WINFIELD PARK).
Subdivision Complex Building: MARGATE VILLAGE PHASE II
HOA Details
HOA Fee: $275 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

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BEACHES

Listed by: J Roger Maharaj
Century 21 Tenace Realty Inc
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1277579
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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