400 NW 65, Margate, Florida image 1
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400 NW 65

Margate, FL 33063
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$3,950,000 $16,653/Mo
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Bed 44

Bed

Bath 25

Bath

SqFt16,969

Sqft

22-Unit Investment Portfolio – Atlantic Palms | Margate, FLExceptional opportunity to acquire a 22-unit condominium portfolio within the established Atlantic Palms community in Margate, Florida. This bulk offering includes 22 of the community's 76 units, providing investors with a stabilized, income-producing asset and strong value-add potential.The portfolio consists of 16,969 rentable square feet featuring 42 bedrooms and 25 bathrooms across an attractive unit mix of 3 three-bedroom/two-bath units, 14 two-bedroom/one-bath units, and 5 one-bedroom/one-bath units. All units are equipped with central air conditioning and are built with durable concrete block construction.Ideally located just off Atlantic Boulevard, west of US-441 and less than one mile from Florida's Turnpike, the property offers excellent access to major employment centers, shopping, dining, schools, and public transportation. Nearby retailers include Walmart, Publix, Sedano's, and The Home Depot.With stable in-place income and the potential to increase rents to market levels, this portfolio presents an outstanding investment opportunity in one of Broward County's most desirable rental markets.16,969 SF | 42 Bedrooms | 25 BathroomsDiverse mix of 1-, 2-, and 3-bedroom unitsConcrete block construction with central A/CPrime location near Atlantic Blvd., US-441 & Florida's TurnpikeStabilized asset with significant rental upside

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,950,000

AD Id : 88246610

MLS Id : A12057227

Beds : 44

Living Area Size : 16,969

Year Built : 1973

County : Broward

Subdivision: Atlantic Palms Condo

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Feature Features

  • Interior Features

    Roof: Other

  • Heating & Cooling

    Has Heating: Yes Heating: Central, SeparateMeters Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1973
    Building Area Total: 16969
    Construction Materials: Block
    Pool Features: PoolSweep
    Private Pool: Yes
    Association Fee Frequency: Monthly

  • Listing Price Information

    Listing Price: $3950000
    Cash

  • Tax Information

    Parcel Number: 484136AB0660 Tax Year: 2024 Annual Tax: $3267 Tax Legal Desc: ATLANTIC PALMS CONDO UNIT 137 BLDG D PER CDO CIN #107483535

  • Parking Information

    Parking Total: 22

    Homeowners Association Information

    Has Association: Yes
    HOA: $22.00

  • Utility Information

    CableAvailable

  • Location Information

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/29/2026 @ 02:46

MLS: A12057227 LISTED BY: Yaacov Poston, The Real Estate Lab, Inc. 844-299-3499 SOURCE: Beaches MLS

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