MARGATE VILLAGE PHASE I CO,MARGATE VILLAGE

6501 Winfield Boulevard # 40, Margate FL 33063

1 beds · 1 baths · 720 ft²

For Sale · Active Listing

$149,000

6.88%

Est. Payment $793/mo

MLS Sheet Video

1

Bedrooms

1

Bathrooms

720

Sq. Ft.

1972

Year Built

2

Stories

37

Days on Market

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.

Facts

MLS#
B26022632
Subdivision
MARGATE VILLAGE PHASE I CO,MARGATE VILLAGE
Property Type
Residential
Property Sub Type
Condominium
Year Built
1972
Lot Size
0 acres
Sq. Ft.
720 ft²
Sq. Mt.
67 m²
Price per sq. ft.
$207/ft²
Price per sq. mt.
$2,224/m²
Stories
2
Garage
Pool
Private
Days on Market
37 days
Listed
May 1, 2026
Last Updated
Jun 3, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Margate

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

39

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/3/2026Price change$149,000-6.9%
5/1/2026Listed for sale$160,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

6501 Winfield Boulevard # 40, Margate FL 33063Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$1,067/mo

Principal & Interest

$793

Property Tax

$124

Insurance

$150

HOA

$0

20% ($29,800)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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