Margate, FL 33063 — MLS photo

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Margate, FL 33063

Active · Condominium

$175,000

Margate, FL 33063

Beds
1
Baths
1
Living area
712 sq ft
$ / sq ft
$246/sq ft
Year built
1989
Lot size
—
HOA fee
$399
Annual tax
—

About this property

Charming condo community centrally located in Margate’s Holiday Springs area with resort-style amenities including multiple swimming pools, clubhouse, tennis courts, fitness center, BBQ and picnic areas. Pet-friendly and open to all ages; low HOA fees and easy lease capabilities make it ideal for both investors and residents seeking comfort and convenience.

Property location

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Margate, FL 33063

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
712 sq ft

Exterior & Structure

Property type
Condominium
Year built
1989

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$399
County
Broward
MLS listing ID
A11942442
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

-$21

Cap rate
5.5%
Net yield
5.5%
Cash-on-cash return
-0.5%
Gross yield
12.1%
Mortgage payment
$830/mo
Down payment
$43,750
Loan amount
$131,250
Annual NOI
$9,702

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