6560 Winfield Boulevard 102, Margate, FL 33063 — MLS photo

Active · Condominium

$153,999

6560 Winfield Boulevard 102, Margate, FL 33063

Beds: 2
Baths: 1
Living area: 724 sq ft
$ / sq ft: $213/sq ft
Year built: 1966
Lot size: —
HOA fee: $460 Monthly
Annual tax: $615

About this property

ALL AGES, 2 BEDROOMS 1 BATH FIST FLOOR. COMMUNITY OFFERS CLUBHOUSE, POOL RENTAL RESTRICTIONS MIN 6 MOTHS. LOW HOA MONTHLY MAINTENACE FEE INCLUDEDS EXTERIOR MAINTENANCE, BUILDING INSURANCE, WATER SEWER TRASH REMOVAL. NEWER COMMUNITY LAUNDRY FACIITES CLOSE TO UNIT. NEWER ELECTRICAL PANEL INSTALLED. QUIET AREA. EASY TO SHOW, COME TAKE A LOOK!

Property location

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6560 Winfield Boulevard 102, Margate, FL 33063

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 1
Living area: 724 sq ft
Flooring: Ceramic Tile
Appliances: Built In Oven, Electric Range, Microwave, Refrigerator, Self Cleaning Oven
Cooling: Central Air, Ceiling Fans
Heating: Central
Interior features: Living Dining Room, Main Living Area Entry Level, Tub Shower
Furnished: Unfurnished

Exterior & Structure

Property type: Condominium
Year built: 1966
Stories: 2
Lot size: 0 sq ft
Architectural style: Contemporary Modern, Garden Apartment, One Story
Roof: Composition, Shingle
Construction: CBSConcrete Block Structure, Block
Exterior features: None, Storm Security Shutters
Pool: None, Association, Community
View: Garden

Parking

Covered spaces: 0
Parking features: Assigned, Guest, One Space

HOA, Community & Financials

Association fee: $460 Monthly
Fee inclusions: Common Area Maintenance, Insurance, Laundry, Sewer, Trash, Water
Association: Miami Management
Association contact: 954-846-7545
Amenities: Clubhouse, Laundry, Pool, Storage
Pets allowed: No
Annual tax: $615
Subdivision: WINFIELD GARDENS SOUTH CON
County: Broward
Days on market: 194
MLS listing ID: B26011163
Listing status: Active

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Monthly HOA ($)

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Estimated monthly cash flow

$213

Cap rate: 7.3%
Net yield: 7.3%
Cash-on-cash return: 5.9%
Gross yield: 13.5%
Mortgage payment: $730/mo
Down payment: $38,500
Loan amount: $115,499
Annual NOI: $11,317

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