1390 NW 70th Lane, Margate, FL 33063 — MLS photo

Active · SingleFamilyResidence

$389,900

1390 NW 70th Lane, Margate, FL 33063

Beds: 3
Baths: 2
Living area: 1,834 sq ft
$ / sq ft: $213/sq ft
Year built: 1972
Lot size: 4,798 sq ft
HOA fee: $104 Monthly
Annual tax: $11,070

About this property

THIS HOME IS THE LARGEST MODEL BUILT IN THE COMMUNITY. IT CAN BE A 4 BEDROOM HOUSE IF YOU NEED IT. A NEW HOME FOR YOUR LARGE FAMILY. THE HOME TRULY SHOWS TRUE PRIDE OF OWNERSHIP FROM THE CURB APPEAL ON THE OUTSIDE TO THE CLEANLINESS AND NEW FEATURES ON THE INSIDE. A REAL TROPICAL BACKYARD AND FRONT YARD. NO NEIGHBORS TO THE REAR, COMPLETE PRIVACY AND FRUIT TREES. THIS PARADISE GARDEN BEAUTY FEATURES 3 BEDROOMS AND 2 BATHROOMS PLUS 1 BONUS ROOM, OFFICE OR THIRD BEDROOM OR BOTH. NEWER FEATURES INCLUDE UPGRADED KITCHEN, BATHROOMS, FLOORING, WASHER AND DRYER. ROOF WAS REPLACED 1 YEAR AGO. GREAT LOCATION, CLOSE TO ALL MAJOR HIGHWAYS AND SHOPPING. A MUST SEE!!!Across from Oriole Golf Course. THIS HOME WILL NOT LAST.

Property location

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1390 NW 70th Lane, Margate, FL 33063

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Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Living area: 1,834 sq ft
Flooring: Hardwood, Wood
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Cooling: Central Air, Ceiling Fans, Electric
Heating: Central, Electric
Interior features: Bedroom On Main Level, Eat In Kitchen, Family Dining Room, First Floor Entry, Living Dining Room, Main Level Primary, Split Bedrooms, Shower Only, Pantry

Exterior & Structure

Property type: SingleFamilyResidence
Year built: 1972
Stories: 1
Lot size: 4,798 sq ft
Architectural style: Ranch, One Story
Roof: Composition, Shingle
Construction: CBSConcrete Block Structure, Block
Exterior features: Barbecue, Fruit Trees
Pool: None, Association, Community
View: Garden

Parking

Garage spaces: 1
Covered spaces: 1
Parking features: Attached, Driveway, Garage, One Space, On Street

HOA, Community & Financials

Association fee: $104 Monthly
Amenities: Clubhouse, Other, Pool
Pets allowed: No
Annual tax: $11,070
Subdivision: Paradise Gardens Sec 3 72
County: Broward
Days on market: 468
MLS listing ID: F10514050
Listing status: Active

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Yield & ROI calculator

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

Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

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Home insurance ($/yr)

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Estimated monthly cash flow

$833

Cap rate: 8.3%
Net yield: 8.3%
Cash-on-cash return: 9.2%
Gross yield: 13.5%
Mortgage payment: $1,848/mo
Down payment: $97,475
Loan amount: $292,425
Annual NOI: $32,181

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