Cays Realty
7805 W Atlantic Boulevard 202, Margate, FL 33063 — MLS photo

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7805 W Atlantic Boulevard 202, Margate, FL 33063

Active · Condominium

$86,900

7805 W Atlantic Boulevard 202, Margate, FL 33063

Beds
2
Baths
2
Living area
990 sq ft
$ / sq ft
$88/sq ft
Year built
1974
Lot size
—
HOA fee
$1,484 Quarterly
Annual tax
$2,277

About this property

TWO BEDROOM, TWO BATH IN DESIRABLE ORIOLE GARDENS TWO. BEAUTIFUL KITCHEN, GRANITE CONTERTOP, HIGH HAT LIGHTING, NEW FLOORING. UNIT FRESHLY PAINTED. COMPLEX HAS TWO POOLS, BEAUTIFUL CLUBHOUSE, WITH LARGE AUDITORIUM, BILLARDS, PING PONG, LIBRARY, KITCHEN, CARD ROOM, EXERCISE ROOM, TWO POOLS, BARBEQUE. NEW ROOF. ASSOCIATION STATES 55+, 700+ CREDIT SCORE, $25000-$30000 INCOME, 20% DOWN IF FINANCING, SECURITY DEPOSIT, APPLICATION, IN PERSON INTERVIEW. COMMUNITY IS CLOSE TO PUBLIX, WALGREENS, BANKS, RESTAURANTS, CORAL SQUARE MALL, AND MUCH MORE. SHORT DRIVE TO THE BEACH.

Property location

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7805 W Atlantic Boulevard 202, Margate, FL 33063

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
990 sq ft
Flooring
Ceramic Tile
Appliances
Built In Oven, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Self Cleaning Oven
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Entrance Foyer, Living Dining Room, Main Living Area Entry Level, Tub Shower, Walk In Closets

Exterior & Structure

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

Parking

Covered spaces
0
Parking features
Assigned, Guest, One Space

HOA, Community & Financials

Association fee
$1,484 Quarterly
Fee inclusions
Association Management, Common Area Maintenance, Cable Tv, Parking, Pest Control, Pools, Recreation Facilities, Reserve Fund, Roof, Sewer, Trash, Water
Association
ADAMIS
Association contact
954-972-3410
Amenities
Billiard Room, Clubhouse, Community Kitchen, Fitness Center, Library, Management, Pool, Shuffleboard Court, Storage
Pets allowed
No
Annual tax
$2,277
Subdivision
ORIOLE GARDENS TWO 50 COND
County
Broward
Days on market
182
MLS listing ID
B26019975
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$622

Cap rate
14.3%
Net yield
14.3%
Cash-on-cash return
30.7%
Gross yield
27.9%
Mortgage payment
$412/mo
Down payment
$21,725
Loan amount
$65,175
Annual NOI
$12,410

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