603 S State Road 7 1c, Margate, FL 33068 — MLS photo

Get More Info About This Property

603 S State Road 7 1c, Margate, FL 33068

Active · Condominium

$135,000

603 S State Road 7 1c, Margate, FL 33068

Beds
2
Baths
2
Living area
960 sq ft
$ / sq ft
$141/sq ft
Year built
1974
Lot size
—
HOA fee
$480 Monthly
Annual tax
$2,596

About this property

55+, the community is situated in a prime location. It offers amenities such as a swimming pool, clubhouse, tennis court and well-maintained common areas with one of the lowest HOA in Broward county. Don't miss the opportunity to make this wonderful condo your new home located at the center of everything. This home is ready to make it your own at an affordable price. Vacant on lockbox. All information is deemed reliable but not guaranteed. Buyer's agent is to verified.

Property location

Get Directions

603 S State Road 7 1c, Margate, FL 33068

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
960 sq ft
Flooring
Concrete, Tile
Appliances
Dishwasher, Disposal, Refrigerator
Cooling
Central Air, Electric
Heating
Central, Electric, Other
Interior features
Living Dining Room
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1974
Stories
2
Lot size
0 sq ft
Architectural style
Garden Apartment
Roof
Composition, Shingle
Construction
CBSConcrete Block Structure, Block
Exterior features
None, Patio
Pool
None
View
Other, Water

Parking

Covered spaces
0
Parking features
Assigned

HOA, Community & Financials

Association fee
$480 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Sewer, Trash, Water
Amenities
Maintenance, Other
Security
Other
Pets allowed
No
Annual tax
$2,596
Subdivision
APPLEGREEN CONDO APTS 1
County
Broward
Days on market
190
MLS listing ID
B26015003
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

$453

Cap rate
9.7%
Net yield
9.7%
Cash-on-cash return
14.4%
Gross yield
18.7%
Mortgage payment
$640/mo
Down payment
$33,750
Loan amount
$101,250
Annual NOI
$13,113

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