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Home Florida Miami Condominiums Margate Margate Village Phase I Co #A-40 in

Apartments Margate Village Phase I Co

$ 149,000
  • 1 bed
  • 1 bath
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Details
    • Listed on:
      May 01, 2026
    • Days on Market:
      37
    • Maintenance:
      n/a
    • Taxes:
      $ 2,932 per year
    • Year:
      1972
    • Furniture:
      -
    • Floor Description:
      Ceramic Floor, Tile
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      -
    • Parking:
      -
  • Building Features:
    • Club House
  • Interior Features:
    • Walk-In Closet(s)
  • Legal Description:
    200 east palmetto park condo unit ph -1
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.
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