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$40,000
● Condo - Off Market

#203

Margate, FL
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,000 Ft²
$95,260
RealtyHop Estimate
116.99%
Since Jun 1, 2012
National-US
Primary Model

About This Property

NICE UNIT NOT A FORECLOSURE OR SHORT SALE. NEW APPLIANCES AND CARPET, VERY SPACIOUS KITCHEN WITH WASHER AND DRYER INSIDE UNIT. GREAT GOLF VIEW FROM THE ENCLOSED PATIO, ALL AGES IN A QUIET COMPLEX. PRICED TO SELL, COME CHECK IT OUT.     SORRY NOT FHA APPRO VED
Unit Size
1,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$44
Property Type
Condo
Property Taxes
$80
HOA Dues
$255
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 #F1184157)

Price History

Date / Event Date Event Price
May 31, 2012 Sold
Premium
Sold
Apr 22, 2012 Listed by Century 21 Richards Realty $43,900
Listed by Century 21 Richards Realty

Property Highlights

Parking Details
Parking Features: 1 Space, Guest Parking
Interior Details
Full Bathrooms: 2
Interior Features: Second Floor Entry, Split Bedroom, Walk-In Closets
Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
Flooring Type: Carpeted Floors, Ceramic Floor
Exterior Details
Listing Terms: Cash Only, Conventional
Construction Type: Cbs Construction
Exterior Features: Other
Financial Details
Total Taxes: $957
Tax Year: 2011
Possession Information: Funding
Utilities Details
Heating Type: Central Heat
Cooling Type: Central Cooling
Location Details
Location: ROCK ISLAND RD. WEST OF MARGATE BLVD. RIGHT ON NW 80YH AVE.
Subdivision Complex Building: PALM SPRINGS 1
HOA Details
HOA Fee: $764 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: John Barbone
Century 21 Richards Realty
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1184157
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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