Interior
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 800 sq ft
Active · Condominium
$125,000
6570 Royal Palm Boulevard 312, Margate, FL 33063
- Beds
- 1
- Baths
- 2
- Living area
- 800 sq ft
- $ / sq ft
- $156/sq ft
- Year built
- 1978
- Lot size
- —
- HOA fee
- $597
- Annual tax
- —
About this property
Welcome to Royal Park Gardens, a highly sought-after 55+ community in Margate, Florida, known for its beautiful setting, friendly atmosphere, & 1st-class amenities! This lovely 1 Bedroom, 1.5 Bath condo offers the perfect combination of comfort, community, & convenience, nestled just minutes from Kay Stevens Park & Calypso Water Park, & surrounded by serene lakes & lush landscaping. Royal Park Gardens features: 12 well-maintained buildings across several picturesque acres, 3 resort-style swimming pools w/ cabanas, Tennis, bocce ball, shuffleboard, &horseshoes, Fitness center, clubhouse w/ ballroom & Picnic areas with BBQ grills for each phase. ?? Oversized lake views and peaceful walking paths . CASH OFFERS ONLY - 55 + Community - No Pets Allowed - No Renting 1st Year.
Property location
Get Directions6570 Royal Palm Boulevard 312, Margate, FL 33063
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1978
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $597
- County
- Broward
- MLS listing ID
- F10533624
- 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
$118
- Cap rate
- 6.8%
- Net yield
- 6.8%
- Cash-on-cash return
- 4.0%
- Gross yield
- 17.1%
- Mortgage payment
- $593/mo
- Down payment
- $31,250
- Loan amount
- $93,750
- Annual NOI
- $8,528
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.