Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 960 sq ft
Active · Condominium
$109,000
605 S State Road 7 3F, Margate, FL 33068
- Beds
- 2
- Baths
- 2
- Living area
- 960 sq ft
- $ / sq ft
- $114/sq ft
- Year built
- 1974
- Lot size
- —
- HOA fee
- $500
- Annual tax
- —
About this property
Opportunity!! Spacious and beautifully maintained 2-bedroom, 2-bathroom apartment located in a desirable 55+ community. This charming residence features updated interiors, a comfortable layout, and plenty of natural light throughout. Conveniently located near shopping centers, restaurants, medical facilities, and all essential services. Enjoy a peaceful and well-kept community with easy access to everything you need. A must-see opportunity!!
Property location
Get Directions605 S State Road 7 3F, Margate, FL 33068
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1974
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $500
- County
- Broward
- MLS listing ID
- A12008648
- 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
$536
- Cap rate
- 11.6%
- Net yield
- 11.6%
- Cash-on-cash return
- 21.1%
- Gross yield
- 22.3%
- Mortgage payment
- $517/mo
- Down payment
- $27,250
- Loan amount
- $81,750
- Annual NOI
- $12,631
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.