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6501 Winfield Boulevard A-40

Margate, FL 33063

MLS#: B26022632

$160,000

Status: Active
Listing number: B26022632
Listing provided by: Levy Elite Realty Inc
Listing agent phone: None
Last update: 3 hours ago
New on site 1 day ago
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MARGATE VILLAGE PHASE I CONDO - Residential

Property

Beds

1

Full Baths

1

1/2 Baths

None

Year Built

1972

Sq.Footage

720

Investor's dream in the heart of Margate Village! This 1BR/1BA condo (720 sq ft) is currently tenant-occupied at $1,750/month — turnkey income from day one with zero vacancy lag. With HOA dues at just $395/month covering exterior maintenance, insurance, landscaping, water, and access to community amenities, your cash flow stays strong and your management headache stays low. Even better: this community is NOT required to fully fund reserves on structural items — a major advantage in today's South Florida market where many associations are passing massive special assessments and reserve hikes onto owners. The unit features tile flooring throughout (no carpet!), a kitchen with ample cabinetry, a generous walk-in closet, and an enclosed patio with private parking-lot access.

Features & Amenities

Interior

  • Other Interior Features

    Walk-In Closet(s)

  • Total Bedrooms

    1

  • Bathrooms

    1

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

  • Main Level Bedrooms

    1

  • Pet friendly

    No

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Parking

    Assigned, Asphalt, Concrete, Deeded, Guest

  • Pool

    Yes

  • Pool Features

    Association

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Condominium

Price

  • Sales Price

    $160,000

  • Tax Amount

    $2,932.93

  • Sq. Footage

    720

  • Price/SqFt

    $222

HOA

  • Association

    Yes

  • Association Fee

    $395

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Margate

  • Middle School

    Margate

  • High School

    Coral Springs

Property Features

  • Stories

    2

  • Association Amenities

    Pool, Clubhouse, Laundry, Maintenance, Parking, Spa/Hot Tub

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Broward

Elementary School

Margate

Middle School

Margate

High School

Coral Springs

Listing Courtesy of Ben Levy , Levy Elite Realty Inc

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Investor's dream in the heart of Margate Village! This 1BR/1BA condo (720 sq ft) is currently tenant-occupied at $1,750/month — turnkey income from day one with zero vacancy lag. With HOA dues at just $395/month covering exterior maintenance, insurance, landscaping, water, and access to community amenities, your cash flow stays strong and your management headache stays low. Even better: this community is NOT required to fully fund reserves on structural items — a major advantage in today's South Florida market where many associations are passing massive special assessments and reserve hikes onto owners. The unit features tile flooring throughout (no carpet!), a kitchen with ample cabinetry, a generous walk-in closet, and an enclosed patio with private parking-lot access.

6501 Winfield Boulevard A-40

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