6501 Winfield Boulevard # 40, Margate FL 33063, Margate
$149,000
Margate, FL, 33063
Property details
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 720 sqft
- Year built
- 1972
- Type
- Condominium
- Association fee
- $395 / monthly
- Days on market
- 37
- MLS #
- B26022632
Listing courtesy of Levy Elite Realty Inc · 754-204-0087. Listing agent: Ben Levy. MLS data last updated 2026-06-03.
Description
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.
6501 Winfield Boulevard # 40, Margate FL 33063, Margate — for sale, listed for $149,000 (1 bed, 1 bath, 720 sqft).
$207/sqft · 82% percentile · based on 89 1-bed listings for sale in 33063 (median $141/sqft).
Price-reduction climate
49% of 92 active 1-bed listings for sale in 33063 are listed below their original asking price.
n=92 · 2026-07-26 · Methodology
Browse this price segment
n=360 · 2026-07-26 · Methodology
Observed price & status history
Asking price reduced from $160,000 to $149,000.
Run the numbers
Price per square foot
This listing is priced at $207 per square foot, which is the 82% percentile among 89 active 1-bed listings for sale in 33063 (median $141/sqft).
n=89 · 2026-07-26 · Methodology
ZIP vs city price level
Active listings like this in ZIP 33063 show a median asking $141/sqft — 1.3% above the Margate median asking of $139/sqft.
n=89 · 2026-07-26 · Methodology
Availability in MARGATE VILLAGE
4 listings are currently active in this building across 4 distinct units (4 × 1-bed).
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Closest-priced alternatives
The 4 active listings closest in price within the same market segment:
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-26 · Methodology
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