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6582 Bayfront Drive, Margate, FL 33063 — MLS photo

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6582 Bayfront Drive, Margate, FL 33063

Active · SingleFamilyResidence

$450,000

6582 Bayfront Drive, Margate, FL 33063

Beds
4
Baths
3
Living area
1,464 sq ft
$ / sq ft
$307/sq ft
Year built
1990
Lot size
3,575 sq ft
HOA fee
$144 Annually
Annual tax
$10,496

About this property

SHORT SALE - Subject to lender approval. Beautifully maintained 4-bedroom home in a quiet gated community. Features updated bathrooms, custom kitchen with granite countertops and stainless-steel appliances, tile and vinyl flooring, walk-in closet, newer HVAC and water heater, and a roof less than 7 years old. Private fenced backyard with spacious patio and mature fruit trees. Community offers 3 pools and low HOA fees of just $15/month. Conveniently located near shopping, dining, schools, and major highways. Short sale process coordinated by South Florida Title. Please allow additional time for lender approval

Property location

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6582 Bayfront Drive, Margate, FL 33063

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Facts & features

Interior

Bedrooms
4
Bathrooms
3
Living area
1,464 sq ft
Flooring
Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Bathtub, Living Dining Room, Upper Level Primary, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1990
Stories
2
Lot size
3,575 sq ft
Architectural style
Two Story
Roof
Spanish Tile
Construction
Block
Exterior features
Fence, Fruit Trees, Patio
Pool
None, Association, Community
View
Garden

Parking

Garage spaces
1
Covered spaces
1
Parking features
Attached, Driveway, Garage, One Space

HOA, Community & Financials

Association fee
$144 Annually
Fee inclusions
Common Area Maintenance, Pools, Security
Amenities
Other, Pool, Security
Pets allowed
No
Annual tax
$10,496
Subdivision
Coral Bay Parcels G & H
County
Broward
Days on market
137
MLS listing ID
B26039848
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

$203

Cap rate
6.2%
Net yield
6.2%
Cash-on-cash return
1.9%
Gross yield
10.3%
Mortgage payment
$2,133/mo
Down payment
$112,500
Loan amount
$337,500
Annual NOI
$28,038

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