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
What's Nearby
Nearby Areas
Features
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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: No, NoPetRestrictionsHomeowners 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 |
|---|---|---|---|---|---|
| 7605 NW 5th Court #208, Margate, FL, 33063 | $165,000 | 2 | 2 | 990 | 990 SqFt |
| 5531 Lakeside Drive #202, Margate, FL, 33063 | $199,000 | 2 | 2 | 815 | 815 SqFt |
| 7897 Golf Circle Drive .., Margate, FL, 33063 | $169,000 | 2 | 2 | 920 | 920 SqFt |
| 7817 Golf Cir Drive #210, Margate, FL, 33063 | $115,000 | 2 | 2 | 930 | 930 SqFt |
| 7610 NW 18th Street #205, Margate, FL, 33063 | $160,000 | 2 | 2 | 1,000 | 1,000 SqFt |
| 3200 Holiday Springs Bo.., Margate, FL, 33063 | $124,900 | 2 | 2 | 958 | 958 SqFt |
| 3080 Holiday Springs Bo.., Margate, FL, 33063 | $109,999 | 2 | 2 | 958 | 958 SqFt |
| 3090 Holiday Springs Bo.., Margate, FL, 33063 | $89,900 | 1 | 1 | 725 | 725 SqFt |
| 7684 NW 18th Street #101, Margate, FL, 33063 | $150,000 | 2 | 2 | 1,000 | 1,000 SqFt |
| 5722 Coral Lake Drive #.., Margate, FL, 33063 | $229,900 | 2 | 2 | 1,090 | 1,090 SqFt |
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ByOwner last updated this listing 07/26/2026 @ 09:52
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