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Home61's Closings in
Margate
Amenities
Key features
Living area
912 sqft
Maintenance
$ 0
Tax
$4,173 (2024)
Tenant Occupied
No
Parking Space
0
Floor #
1st / 3
Building
CORAL KEY CONDO
On market
16 days
$ /sqft
$ 240
Type
apartment
Unit
915
Year Built
1989
Zip Code
33063
Ref./MLS ID
A11706910
DESCRIPTION
Investor's dream! come see this rare opportunity to own a spacious 2-bed, 1 bath unit on the 1st floor in the community of coral key. This unit currently has a long-term, timely paying renter who just signed a new lease for $1,900/m through december 2025. "monthly net income = $1,190 (after expenses paid) - cap rate = 6. 5%"
this is a first-floor unit with a beautiful golf course view. Inside, there is tile flooring throughout along with upgraded kitchen. The coral key community features a club house with pool and gym along with a plethora of parking for guests. Low condo fees, which include the water and the ability to rent the unit immediately round out this great opportunity. With the desirable location and price point of this unit, it will not stay on the market for long.
Data is provided by Miami Board of Realtors.
Public transportation
Deerfield Beach
84 mins
Pompano Beach
84 mins
Cypress Creek
96 mins
Fort Lauderdale
96 mins
Nearby School In Margate
Data Provided by greatschools.org
Neighborhood
Margate
- Margate
Listed on December 10, 2024 by Carlos Rivera from Florida Realty Wealth Group Inc., this apartment is for sale. 2/1 apartment for sale in Margate listed at $219,000, Reference A11706910
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 © 2024 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 © 2024 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.