Condominium for sale
$149,000
6501 Winfield Boulevard #40Margate, FL 33063
- 1 Beds
- 1 Baths
- 720 Sq ft
- 1972 Built
About this home
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.
Details
- MLS #
- B26022632
- Property type
- Condominium
- Status
- Active
- Days on market
- 130
- Neighborhood
- MARGATE VILLAGE PHASE I CO,MARGATE VILLAGE
- County
- Broward County
- HOA / association fee
- $395 monthly
- Property taxes
- $2,932 (2025)
- Waterfront
- No
- Private pool
- Yes
- Cooling
- Ceiling Fan(s), Central Air
- Interior features
- Walk-In Closet(s)
- Appliances
- Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven
Location
Estimated payment
$1,393/mo with 20% down at 6.5% for 30 years, including taxes and HOA, before insurance.
Adjust in the mortgage calculatorListing courtesy of Levy Elite Realty Inc · Ben Levy. Listing last updated September 8, 2026 6:01 PM.
