1055 Country Club Drive 404, Margate, FL 33063 — MLS photo

Get More Info About This Property

1055 Country Club Drive 404, Margate, FL 33063

Active · Condominium

$150,000

1055 Country Club Drive 404, Margate, FL 33063

Beds
2
Baths
2
Living area
920 sq ft
$ / sq ft
$163/sq ft
Year built
1974
Lot size
—
HOA fee
$478 Monthly
Annual tax
$2,472

About this property

Beautiful spacious split plan 2 bedroom, 2 full bath condo with view of the golf course. Recessed lighting in the kitchen, new bathroom vanities & gorgeous lighting upgrades. 18 inch tile throughout the unit. Bedrooms have high end wood flooring. Hurricane impact windows, fantastic breezy screened porch. Many amenities; 2 heated pools, clubhouse, billiard room, gym & library. 4 golf ranges; Driving, Chipping, Putting and 18 hole course AND a golf clubhouse with an active and fun lounge and golf store. Cable included in condo fees. Pick up trucks and motor cycles allowed. 50 year certification passed. Can rent after one year. Unit building is walking distance to all of the golf activities. Credit score of 725 or above. 40K minimum income. Fantastic fun community! A youthful 55+ atmosphere.

Property location

Get Directions

1055 Country Club Drive 404, Margate, FL 33063

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
920 sq ft
Flooring
Hardwood, Tile, Wood
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Bedroom On Main Level, Breakfast Area, Entrance Foyer, Eat In Kitchen, Living Dining Room, Main Living Area Entry Level, Other, Split Bedrooms, Shower Only, Walk In Closets, Bar
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1974
Stories
4
Lot size
0 sq ft
Architectural style
One Story, Split Level, Tri Level
Roof
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Enclosed Porch, Lighting, Tennis Courts, Storm Security Shutters
Pool
None
View
Golf Course

Parking

Covered spaces
0
Parking features
Assigned, Guest

HOA, Community & Financials

Association fee
$478 Monthly
Fee inclusions
Pest Control, Pools, Recreation Facilities, Reserve Fund, Roof, Sewer, Trash, Water
Amenities
Billiard Room, Bike Storage, Clubhouse, Fitness Center, Golf Course, Maintenance, Barbecue, Picnic Area, Storage, Transportation Service, Elevators
Security
Fire Alarm, Smoke Detectors
Pets allowed
No
Annual tax
$2,472
Subdivision
Oriole Golf & Tennis TWO
County
Broward
Days on market
611
MLS listing ID
F10486841
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$367

Cap rate
8.6%
Net yield
8.6%
Cash-on-cash return
10.5%
Gross yield
16.6%
Mortgage payment
$711/mo
Down payment
$37,500
Loan amount
$112,500
Annual NOI
$12,937

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.