480 NW 76th Avenue 205, Margate, FL 33063 — MLS photo

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480 NW 76th Avenue 205, Margate, FL 33063

Active · Condominium

$89,990

480 NW 76th Avenue 205, Margate, FL 33063

Beds
2
Baths
2
Living area
1,100 sq ft
$ / sq ft
$82/sq ft
Year built
1982
Lot size
—
HOA fee
$2,273
Annual tax
—

About this property

** VA APPROVED. NEEDS SOME TLC. MOTIVATED SELLERS! Split Floor Plan. Primary has Walk in Closet & Access to Oversized Screened Balcony. Storage Area, Mailbox & Clubhouse Steps Away. Heated Pool, Pickleball, Shuffleboard, Sauna, Fitness room, Billiards, & BBQ Pavilion. Close to Public Transportation, Banks, and Publix is Just Steps Away. 2 Pets (Dogs, Cats or Birds) Max 20 lbs Each. No Leasing 1st Year Owned; Then Minimum 90 days, 2 Times a Year. No Trucks, Boats, Trailers or Campers and At Least 1 Occupant Must Be 55. Minimum Credit Score 650 - Minimum Income Requirement $40,000.

Property location

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480 NW 76th Avenue 205, Margate, FL 33063

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,100 sq ft

Exterior & Structure

Property type
Condominium
Year built
1982
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,273
County
Broward
MLS listing ID
B26035249
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

-$938

Cap rate
-6.8%
Net yield
-6.8%
Cash-on-cash return
-44.7%
Gross yield
29.7%
Mortgage payment
$427/mo
Down payment
$22,498
Loan amount
$67,493
Annual NOI
-$6,134

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