7807 Golf Cir Drive H 305, Margate, FL 33063 — MLS photo

Active · Condominium

$100,000

7807 Golf Cir Drive H 305, Margate, FL 33063

Beds: 1
Baths: 2
Living area: 775 sq ft
$ / sq ft: $129/sq ft
Year built: 1973
Lot size: —
HOA fee: $1,446 Quarterly
Annual tax: $2,006

About this property

Enjoy beautiful water and golf course views from this well-maintained 1-bedroom, 1.5-bath condo in a desirable Margate location. Featuring ceramic tile throughout, this bright and inviting residence offers a spacious living and dining area that flows into an enclosed Florida room, perfect for relaxing and enjoying the scenery. The generous primary bedroom, convenient guest half bath, and functional layout make this home ideal for year-round living or a seasonal getaway. Located in a well-maintained building with access to a community pool and clubhouse, and just minutes from shopping, dining, and entertainment. A great opportunity to enjoy the South Florida lifestyle at an affordable price.

Property location

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7807 Golf Cir Drive H 305, Margate, FL 33063

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Facts & features

Interior

Bedrooms: 1
Bathrooms: 2
Living area: 775 sq ft
Flooring: Ceramic Tile
Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Cooling: Central Air, Ceiling Fans, Electric
Heating: Central
Interior features: Entrance Foyer, Living Dining Room, Main Living Area Entry Level, Tub Shower, Walk In Closets, Elevator
Furnished: Unfurnished

Exterior & Structure

Property type: Condominium
Year built: 1973
Stories: 1
Lot size: 0 sq ft
Roof: Tile
Construction: CBSConcrete Block Structure, Block
Exterior features: Tennis Courts
Pool: None, Association, Community, Heated

Parking

Covered spaces: 0
Parking features: Assigned

HOA, Community & Financials

Association fee: $1,446 Quarterly
Fee inclusions: Association Management, Common Area Maintenance, Cable Tv, Hot Water, Internet, Laundry, Parking, Pools
Amenities: Billiard Room, Clubhouse, Community Kitchen, Elevators, Fitness Center, Laundry, Management, Maintenance, Barbecue, Picnic Area, Pool, Sauna, Tennis Courts, Trash
Pets allowed: No
Annual tax: $2,006
Subdivision: Oriole Golf & Tennis Club
County: Broward
Days on market: 124
MLS listing ID: B26037072
Listing status: Active

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Monthly HOA ($)

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Estimated monthly cash flow

$280

Cap rate: 9.0%
Net yield: 9.0%
Cash-on-cash return: 12.0%
Gross yield: 20.0%
Mortgage payment: $474/mo
Down payment: $25,000
Loan amount: $75,000
Annual NOI: $9,046

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