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$100,000
● Townhouse - Off Market

#471

Margate, FL
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,328 Ft²
$229,525
RealtyHop Estimate
131.84%
Since Feb 1, 2012
National-US
Primary Model

About This Property

NICE CORNER UNIT, LOCATED IN GATED COMMUNITY, TILE IN LIVING AREA, 3/2.5 WITH GARAGE.  SHORT SALE,
Unit Size
1,328 Ft²
Days on Market
-
Land Size
-
Price per sqft
$75
Property Type
Townhouse
Property Taxes
$137
HOA Dues
$140
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 #F1156788)

Price History

Date / Event Date Event Price
Jan 10, 2012 Sold
Premium
Sold
Oct 9, 2011 Listed by Prudential Florida Realty $99,000
Listed by Prudential Florida Realty

Property Highlights

Parking Details
Parking Features: Guest Parking, 1 Space
Parking Restriction: No Motorcycle, No Rv/Boats, No Trucks/Trailers
Garage: 1 Spaces
Interior Details
Full Bathrooms: 2
Half Bathrooms: 1
Interior Features: First Floor Entry
Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
Flooring Type: Tile Floors, Carpeted Floors
Dining Room: Dining/Living Room
Exterior Details
Listing Terms: FHA, Cash Only, Conventional, VA
Construction Type: Cbs Construction
Exterior Features: Other
Financial Details
Total Taxes: $1,638
Tax Year: 2010
Possession Information: Funding
Utilities Details
Heating Type: Electric Heat
Cooling Type: Electric Cooling
Location Details
Location: ATLANTIC BLVD TO 441 SOUTH, MONTE CARLO JUST PAST SOUTHGATE BLVD ON THE EAST SIDE.
Subdivision Complex Building: MONTE CARLO
HOA Details
HOA Fee: $140 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: Diane Moore
Prudential Florida Realty
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1156788
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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