611 S State Road 7 2e, Margate, FL 33068 — MLS photo

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611 S State Road 7 2e, Margate, FL 33068

Active · Condominium

$99,900

611 S State Road 7 2e, Margate, FL 33068

Beds
1
Baths
1
Living area
723 sq ft
$ / sq ft
$138/sq ft
Year built
1974
Lot size
—
HOA fee
$475
Annual tax
—

About this property

OWNER STATES THIS BUILDING IS ALL AGES. LARGE UNIT WITH UPGRADED BATHROOM. COMPLEX IS CONVENIENTLY LOCATED NEAR BUS, STORES, RESTAURANTS, AND MUCH MORE. TENANT ON MONTH TO MONTH.

Property location

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611 S State Road 7 2e, Margate, FL 33068

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
723 sq ft

Exterior & Structure

Property type
Condominium
Year built
1974
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$475
County
Broward
MLS listing ID
F10509170
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

$212

Cap rate
8.2%
Net yield
8.2%
Cash-on-cash return
9.1%
Gross yield
18.9%
Mortgage payment
$474/mo
Down payment
$24,975
Loan amount
$74,925
Annual NOI
$8,223

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