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$65,500
● Townhouse - Off Market

#A

Margate, FL
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,473 Ft²
$118,148
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

BANK OWNED PROPERTY SOLD IN AS IS CONDITION,LARGE LIVING AREA,SOME TLC NEEDED,CLOSE TO SCHOOLS AND SHOPPING,TOWNHOME SOME TLC NEEDED,PLEASE SEE ATTACHED PROSPECT MORTGAGE INFORMATION.  HIGHEST AND BEST ARE DUE BACK BY TUESDAY, JULY 10TH AT 4:00 PM.
Unit Size
1,473 Ft²
Days on Market
-
Land Size
-
Price per sqft
$37
Property Type
Townhouse
Property Taxes
$72
HOA Dues
$245
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #F1195016)

Price History

Date / Event Date Event Price
Aug 27, 2012 Sold
Premium
Sold
Jul 6, 2012 Listed by Century 21 Richards Realty $54,900
Listed by Century 21 Richards Realty

Property Highlights

Parking Details
Parking Features: Open Space Parking
Interior Details
Full Bathrooms: 2
Half Bathrooms: 1
Interior Features: Other Interior Features
Appliances: No Equipment
Flooring Type: Tile Floors
Exterior Details
Listing Terms: Cash Only
Construction Type: Cbs Construction
Exterior Features: Open Balcony
Financial Details
Total Taxes: $862
Tax Year: 2011
Possession Information: Funding
Utilities Details
Heating Type: Electric Heat
Cooling Type: Electric Cooling
Location Details
Subdivision Complex Building: TOWNHOMES OF ORIOLE
HOA Details
HOA Fee: $245 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: Sue Richards
Century 21 Richards Realty
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1195016
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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