Kimberly Forest 68-31 B
681 Kathy Ln, Margate FL 33068
3,609 ft²
$789,000
Est. Payment $4,199/mo
3,609
Sq. Ft.
1972
Year Built
1
Stories
20
Days on Market
Description
Amazing Find! Updated 4 Plex In The Heart Margate. All Units Are 2 Bedroom 1 Bath With Tile Flooring, Central A/C, Separate Electric & Parking. Large Storage Room Is Currently Rented At $40 A Month & Has Washer /Dryer Hookups For Potential Additional Income With Coin Operated Laundry. Rents Are Below Market And Can Be Increased. Current Gross Income Is $70,680 With Cap Rate 7%+/-. Potential Income Is Around $87,000 Plus Potential Cap Rate Of 9%+/-. Annual Expenses Are $15,489. Expenses Include Taxes: $8,018 Landscaping: $480 Insurance: $2,743 Water: $2760 Trash: $1,488. Projected Net Income: $71,871. Property Is Perfect For Owner Occupant Or Investor. This Is A Must See!
Facts
- MLS#
- F10338268
- Subdivision
- Kimberly Forest 68-31 B
- Property Type
- Residential Income
- Property Sub Type
- Quadruplex
- Year Built
- 1972
- Lot Size
- 0 sqft
- Sq. Ft.
- 3,609 ft²
- Sq. Mt.
- 335 m²
- Price per sq. ft.
- $219/ft²
- Price per sq. mt.
- $2,355/m²
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 20 days
- Listed
- Jul 6, 2022
- Last Updated
- Aug 24, 2022
- Price/Lot Sq.Ft.
- —
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Market insights for Margate
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
24
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).
| 8/24/2022 | Sold | $789,000 |
| 7/6/2022 | Listed for sale | $789,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Estimated Monthly Payment
$5,007/mo
Principal & Interest
$4,199
Property Tax
$658
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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