6550 Winfield Boulevard 105, Margate, FL 33063 — MLS photo

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6550 Winfield Boulevard 105, Margate, FL 33063

Active · Condominium

$145,000

6550 Winfield Boulevard 105, Margate, FL 33063

Beds
1
Baths
1
Living area
595 sq ft
$ / sq ft
$244/sq ft
Year built
1966
Lot size
—
HOA fee
$356
Annual tax
—

About this property

Beautifully updated 1-Bedroom, 1-Bath condo – First floor and pet friendly! Welcome to this move-in-ready condo offering comfort, style and convenience. Located on the first floor, freshly painted, features tile flooring throughout and numerous upgrades including: Newer AC, newer electrical panel, tank-less water heater, newer kitchen appliances and a large custom walk-in shower with seating. The building has a newer roof and the well-maintained community offers great amenities like a sparkling pool, clubhouse and laundry room with newer washer and dryer. Enjoy low monthly fees in this all-ages community, ideally located near shopping, dining, parks, and entertainment. Whether you're a first-time buyer, downsizing or looking for a great investment, this condo checks all the boxes!

Property location

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6550 Winfield Boulevard 105, Margate, FL 33063

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
595 sq ft

Exterior & Structure

Property type
Condominium
Year built
1966
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$356
County
Broward
MLS listing ID
F10511822
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

-$50

Cap rate
5.3%
Net yield
5.3%
Cash-on-cash return
-1.5%
Gross yield
12.2%
Mortgage payment
$687/mo
Down payment
$36,250
Loan amount
$108,750
Annual NOI
$7,649

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