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$35,000
● Condo - Off Market

#207

Margate, FL
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$89,636
RealtyHop Estimate
129.84%
Since Dec 1, 2011
National-US
Primary Model

About This Property

NICE 2/2 55+ AREA WASHER & DRYER IN UNIT. NICE VIEW OF GOLF COURSE A MUST SEE .
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$33
Property Type
Condo
Property Taxes
$18
HOA Dues
$229
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 #F1146096)

Price History

Date / Event Date Event Price
Nov 7, 2011 Sold
Premium
Sold
Jul 30, 2011 Listed by Tropical Springs Realty $39,000
Listed by Tropical Springs Realty

Property Highlights

Parking Details
Parking Features: 1 Space, Guest Parking
Interior Details
Full Bathrooms: 2
Interior Features: Dome Kitchen, Foyer Entry, Split Bedroom
Appliances: Dishwasher, Dryer, Disposal, Electric Range, Refrigerator, Washer, Washer/Dryer Hook-Up
Flooring Type: Carpeted Floors, Ceramic Floor
Dining Room: Eat-In Kitchen, Formal Dining
Exterior Details
Listing Terms: Cash Only, Conventional
New Construction
Construction Type: Cbs Construction
Exterior Features: Other
Financial Details
Total Taxes: $221
Tax Year: 2010
Possession Information: Funding
Utilities Details
Heating Type: Central Heat, Electric Heat
Cooling Type: Central Cooling, Electric Cooling
Location Details
Location: ATLANTIC BLVD TO ROCK ISLAND RD NO TO 18TH STREET MAKE A LEFT GO TO 2ND LEFT GO ALMOST TO END OF ST LOOK FOR BUILD 23 IT WILL BE ON YOUR LEFT ..
Subdivision Complex Building: PALM SPRINGS
HOA Details
HOA Fee: $229 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: Wallace Lewis
Tropical Springs Realty
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1146096
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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