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$33,462
● Condo - Off Market

#445

Margate, FL
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,019 Ft²
$73,235
RealtyHop Estimate
118.86%
Since Jun 1, 2011
National-US
Primary Model

About This Property

Wow, What an amazing deal on this property. Nice and large 2/2 in Laurels of Margate. This condos move quickly. Must own one year before you can rent. Property freshly painted by seller as well. For special financing incentives, Seller requests that you p lease contact the Chase representative in the broker remarks.
Unit Size
1,019 Ft²
Days on Market
-
Land Size
-
Price per sqft
$33
Property Type
Condo
Property Taxes
$72
HOA Dues
-
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 #F1122780)

Price History

Date / Event Date Event Price
May 26, 2011 Sold
Premium
Sold
Mar 3, 2011 Listed by Realty Pros $33,462
Listed by Realty Pros

Property Highlights

Parking Details
Parking Features: Assigned Parking
Interior Details
Full Bathrooms: 2
Interior Features: First Floor Entry, Custom Mirrors
Appliances: Washer, Dryer
Flooring Type: Tile Floors
Exterior Details
Listing Terms: Cash Only, Conventional
Construction Type: Cbs Construction
Exterior Features: Patio
Financial Details
Total Taxes: $866
Tax Year: 2010
Possession Information: Funding
Utilities Details
Heating Type: Central Heat
Cooling Type: Central Cooling
Location Details
Location: SOUTH SIDE OF ATLANTIC BLVD EAST OF 411 AND WEST OF LYONS RD
Subdivision Complex Building: LAURELS AT MARGATE

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 Paulsen
Realty Pros
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1122780
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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