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Home61's Closings in
Margate
Amenities
Key features
Living area
699 sqft
Maintenance
$ 0
Tax
$2,764 (2024)
Tenant Occupied
No
Parking Space
0
Floor #
1st / 2
Building
Silver Palms
On market
13 days
$ /sqft
$ 207
Type
apartment
Unit
106-2
Year Built
1974
Zip Code
33068
Ref./MLS ID
A11753624
DESCRIPTION
"incredible investor opportunity- rent immediately w/ 7% monthly roi" this 1/1 condo on the 1st floor of the all ages silver palms condo is the perfect property to add to your growing rental portfolio. Unit was remodeled in 2018 with granite countertops, italian kitchen cabinetry, stainless steel appliances and porcelain tile throughout the entire unit. Bth was also completed remodeled. Community features a pool, playground, on site laundry and is walking distance to shopping, schools. Refrigerator was replaced july 2023, entire condenser unit for ac was just replaced 2 months ago (air handler & w/h is 2016). Low monthly coa fee of $268 with market rents of $1500+. Cap rate of 7-8%. Cash only or seller will consider seller financing. Current tenant is vacating by 3-31 & sold vacant
Data is provided by Miami Board of Realtors.
Public transportation
Cypress Creek
48 mins
Fort Lauderdale
48 mins
Deerfield Beach
88 mins
Pompano Beach
88 mins
Nearby School In Margate
Data Provided by greatschools.org
Neighborhood
Margate
- Margate
Listed on February 27, 2025 by Mitchell Lvovsky from Cutting Edge Investments & Realty Inc, this apartment is for sale. 1/1 apartment for sale in Margate listed at $144,990, Reference A11753624
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.