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A-40/6501 Winfield Blvd

Margate FL 33063

1
1
1
720 sq. ft.
Condo
Currently for sale - view listing

Overview

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

1 bedroom
1 bathroom
1 carspace
720 sq. ft. floor area
Condo

Property history for A-40/6501 Winfield Blvd

2021
Sold
$90,000
05 Oct 2021 by Luis Gronlier, of Florida Homes Realty & Mtg LLC

Happy sellers in Margate

90%
90% of sellers in Margate reported that their sale price either exceeded or met their price expectations.

Margate stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 24 reviews in Margate over the last 12 months.

Local market activity for 1 bedroom condos in Margate

In the last 12 months, 85 one-bedroom condos similar to A-40/6501 Winfield Blvd, have been sold.

This represents a 21% increase in one-bedroom condos sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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