$149,000
↓ Reduced 7%6501 Winfield Boulevard # 40, Margate FL 33063
Margate, FL, 33063
- Year Built
- 1972
- Property Type
- Condominium
- HOA Fee
- $395/mo
- Annual Taxes
- $2,932/yr
- MLS #
- B26022632
Market Position
Using 200 of 2,592 matching comparables
Lower percentile = priced below more of the sampled comparison set.
- List price
- $149,000 · area median: $138,500
- Days on market
- 37 · area median: 86
Priced below 36% of 200 comparable listings · area median: $177/SF
Computed from active comparable listings of the same type and similar size within about 10 miles.
Calculated: Jul 26, 2026 · Newest source update: Jul 26, 2026
Listing courtesy of Levy Elite Realty Inc · 754-204-0087
Listed by Ben Levy
Last updated: Jun 3, 2026
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
Interior
Flooring
Heating
Cooling
Parking
Laundry
Appliances
est.$1,392/mo
Est. payment based on a $149,000 home price.
Estimate includes principal & interest, property tax and HOA where known — it excludes insurance, PMI, flood/wind, CDD and special assessments. For information only; actual amounts vary.
Similar Properties
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