by Global Lifestyle Properties
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
$40,000
● Condo - Off Market

#A58

Margate, FL
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,000 Ft²
$61,918
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

2/2 CONDO IN A 55+ COMMUNITY. 2ND FLOOR, WOOD & CARPET FLOORS, WALK-IN CLOSET IN MASTER BEDROOM, SCREENED BALCONY. THIS PROPERTY IS CENTRALLY LOCATED IN THE HEART OF MARGATE, CLOSE TO SHOPPING CENTERS, GROCERY STORES, RESTAURANTS, CITY HALL AND MORE. WELL  KEPT COMPLEX WITH LAUNDRY FACILITIES, COMMUNITY POOL, SAUNA, RECREATION ROOM. SHORT SALE ALREADY IN PROGRESS.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$35
Property Type
Condo
Property Taxes
$74
HOA Dues
$324
Year Built
-

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #F1334059)

Price History

Date / Event Date Event Price
Nov 20, 2015 Sold
Premium
Sold
Mar 25, 2015 Listed by All Homes Realty $34,900
Listed by All Homes Realty

Property Highlights

Parking Details
Parking Features: 1 Space
Interior Details
Full Bathrooms: 2
Interior Features: Second Floor Entry
Appliances: Refrigerator, Electric Range
Flooring Type: Wood Floors, Carpeted Floors
Exterior Details
Listing Terms: Cash Only, Conventional
Construction Type: Cbs Construction
Exterior Features: Other
Financial Details
Total Taxes: $885
Tax Year: 2014
Possession Information: Funding
Utilities Details
Heating Type: Central Heat
Cooling Type: Central Cooling
Location Details
Location: SR7 OR 441 TO WINFIELD BLVD WEST TO MARGATE GARDENS
Subdivision Complex Building: MARGATE VILLAGE
HOA Details
HOA Fee: $324 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: Lucy Venegas
All Homes Realty
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1334059
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.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know