Interior
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 850 sq ft
Active · Condominium
$69,900
1480 NW 80th Ave 304, Margate, FL 33063
- Beds
- 1
- Baths
- 2
- Living area
- 850 sq ft
- $ / sq ft
- $82/sq ft
- Year built
- 1978
- Lot size
- —
- HOA fee
- $575
- Annual tax
- —
About this property
TWO NEW PICKLEBALL COURTS COMING! Enjoy peaceful golf and water views from this bright 3rd-floor condo in Palm Springs 2, a well-kept 55+ community in Margate. This 1-bedroom, 2-full-bath residence offers 850 sq. ft. plus an enclosed Florida room, giving you extra usable living space with a relaxing view. Features include an in-unit washer and dryer, tile and laminate flooring, central air, assigned parking, guest parking, elevator access, and extra storage. The building has a newly installed roof, and the community offers two heated pools, clubhouse, fitness room, billiards, sauna, library, barbecue area, bike storage, vehicle wash area, and social activities. No golf membership required. Conveniently located near shopping, dining, medical offices, highways, and South Florida attractions. A strong value for seasonal or full-time 55+ living.
Property location
Get Directions1480 NW 80th Ave 304, Margate, FL 33063
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1978
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $575
- County
- Broward
- MLS listing ID
- A11997724
- 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
$433
- Cap rate
- 13.1%
- Net yield
- 13.1%
- Cash-on-cash return
- 26.5%
- Gross yield
- 29.6%
- Mortgage payment
- $331/mo
- Down payment
- $17,475
- Loan amount
- $52,425
- Annual NOI
- $9,170
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.