Interior
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 720 sq ft
Active · Condominium
$85,000
6770 Royal Palm Boulevard 207l, Margate, FL 33063
- Beds
- 1
- Baths
- 2
- Living area
- 720 sq ft
- $ / sq ft
- $118/sq ft
- Year built
- 1980
- Lot size
- —
- HOA fee
- $635
- Annual tax
- —
About this property
Welcome home to this beautifully maintained, waterfront condo.This 1 bed, 1.5 bath is conveniently located right next to the elevator, laundry room, & the trash chute. This neighborhood has 3 pools, a clubhouse, gym & a pavilion for cooking. Building has new roof. Close proximity to golf courses, shopping plazas and many more. Association requires credit score of 700 and minimum household income of $40,000 Seller is offering concessions equaling to HALF the HOA for the first year for the next owners.
Property location
Get Directions6770 Royal Palm Boulevard 207l, Margate, FL 33063
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1980
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $635
- County
- Broward
- MLS listing ID
- B26007264
- 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
$104
- Cap rate
- 7.2%
- Net yield
- 7.2%
- Cash-on-cash return
- 5.3%
- Gross yield
- 21.6%
- Mortgage payment
- $403/mo
- Down payment
- $21,250
- Loan amount
- $63,750
- Annual NOI
- $6,089
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.