400 NW, Margate, FL 33063
As of , this home is for sale at $3,850,000. It was listed on .
MLS data updated .
Key facts
- Type
- Home
- Year built
- 1973
- HOA fee
- $22 / month
- Property tax
- $3,267 (2024)
- Waterfront
- No
- Cooling
- Central Air
- Heating
- Central, Separate Meters
- MLS number
- A12057227
Listing information
Listing courtesy of The Real Estate Lab, Inc, 844-299-3499, broker@trel.miami
Listing agent: Yaacov Yinon Poston, yaacov@trel.miami
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MIAMI MLS. Listing data from MIAMI MLS (South East Florida Regional MLS). Information is deemed reliable but not guaranteed.
Listing information is provided for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify homes consumers may want to buy or rent.
Listing last changed .
From the listing
22-Unit Investment Portfolio – Atlantic Palms | Margate, FLExceptional opportunity to acquire a 22-unit condominium portfolio within the established Atlantic Palms community in Margate, Florida. This bulk offering includes 22 of the community's 76 units, providing investors with a stabilized, income-producing asset and strong value-add potential.The portfolio consists of 16,969 rentable square feet featuring 42 bedrooms and 25 bathrooms across an attractive unit mix of 3 three-bedroom/two-bath units, 14 two-bedroom/one-bath units, and 5 one-bedroom/one-bath units. All units are equipped with central air conditioning and are built with durable concrete block construction.Ideally located just off Atlantic Boulevard, west of US-441 and less than one mile from Florida's Turnpike, the property offers excellent access to major employment centers, shopping, dining, schools, and public transportation. Nearby retailers include Walmart, Publix, Sedano's, and The Home Depot.With stable in-place income and the potential to increase rents to market levels, this portfolio presents an outstanding investment opportunity in one of Broward County's most desirable rental markets.16,969 SF | 42 Bedrooms | 25 BathroomsDiverse mix of 1-, 2-, and 3-bedroom unitsConcrete block construction with central A/CPrime location near Atlantic Blvd., US-441 & Florida's TurnpikeStabilized asset with significant rental upside
The text above is the listing description from the MLS, as written by the listing agent.
The Margate market
As of , the median asking price in Margate is $160,000, or $171 per sq ft, across 498 listings for sale. The median listing for sale there has been on the market for 86 days.
Price and status history
- Listing date
- Days on market
- 91
- Original list price
- $3,950,000
- Price changes
- 1
| Date | Event | Price |
|---|---|---|
| Price changed | $3,950,000 → $3,850,000 | |
| Listed | $3,950,000 |
From the MLS. RealVista does not show sold prices.