6501 Winfield Boulevard #A-40
Margate, FL 33063
1
Bed
1
Bath
720Sqft
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.
Property Details
Map
Map
Features
-
Bedroom Information
Total beds: 1Bathroom Information
Total Baths: 1 Full Baths: 1Room Information
Rooms Total: 3Roofing Information
Composition, ShingleFlooring Information
CeramicTile, Tile -
Interior Features
BedroomOnMainLevel, MainLevelPrimary, WalkInClosetsRoof: Composition, ShingleAppliances: BuiltInOven, Dishwasher, ElectricRange, Disposal, Microwave, Refrigerator, SelfCleaningOvenLaundry Features: CommonArea -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir, CeilingFans
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Building Information
Year Built: 1972Building Area Total: 720Construction Materials: BlockStories: 2Pool Features: None, Association, CommunityPrivate Pool: NoAssociation Fee Frequency: Monthly
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Listing Price Information
Listing Price: $149000Original Price: $160000Cash, Conventional, Fha203k, FHA, VaLoan
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Tax Information
Parcel Number: 484124ab0400 Tax Year: 2025 Annual Tax: $2932 Tax Legal Desc: MARGATE VILLAGE PHASE I CONDO UNIT 40 BLDG A PER CDO BK/PG: 5311/75
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Virtual Tour
Parking Information
Parking Total: 1 Assigned, Deeded, GuestGarage Information
Pets Allowed: NoHomeowners Association Information
Included Fees: CommonAreaMaintenance, Laundry, Parking, Pools, Roof, Sewer, Trash, WaterHOA: $395.00Association Amenities: Clubhouse, Laundry, Maintenance, Pool, SpaHotTubCommunity Features: Clubhouse, LaundryFacilities, MaintainedCommunity, Pool
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School Information
Elementary School: Margate Elem Junior High School: Margate Middle Senior High School: Coral Springs -
Utility Information
CableAvailable, WaterAvailable -
Location Information
WaterSource: Public Security Features: FireAlarm,SmokeDetectors
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 551 NW 80th Ter #208, Margate, FL, 33063 | $140,000 | 2 | 2 | 990 | -- |
| 3231 Holiday Springs Bo.., Margate, FL, 33063 | $149,900 | 2 | 2 | 1,129 | -- |
| 3210 Holiday Springs Bo.., Margate, FL, 33063 | $111,900 | 1 | 1 | 597 | -- |
| 6600 Royal Palm Bouleva.., Margate, FL, 33063 | $100,000 | 2 | 2 | 790 | -- |
| 7805 W Atlantic Bouleva.., Margate, FL, 33063 | $94,900 | 2 | 2 | 990 | -- |
| 3170 Holiday Springs Bo.., Margate, FL, 33063 | $170,000 | 2 | 2 | 958 | -- |
| 480 NW 76th Ave #102, Margate, FL, 33063 | $72,000 | 2 | 2 | 1,100 | -- |
| 7705 NW 5th Court #103, Margate, FL, 33063 | $109,900 | 2 | 2 | 990 | -- |
| 260 NW 76th Avenue #201, Margate, FL, 33063 | $179,000 | 2 | 2 | 1,110 | -- |
| 3050 Holiday Springs Bo.., Margate, FL, 33063 | $95,000 | 2 | 2 | 958 | -- |
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ByOwner last updated this listing 09/10/2026 @ 07:18
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