• 691 Kathy Ln Margate, FL 33068

  • $1,300,000
  • 8
    Bed(s)
  • 4
    Baths
  • 3,773
    Sq Ft

Don't miss out on this incredible opportunity! This Fourplex in Margate offers a corner unit and is being sold as is, making it perfect for investors. With separate electric meters and a proven track record of generating income, this property is a cash cow. The current rent in the area can reach $2000, ensuring a steady stream of revenue. The roof was replaced in 2005, and each unit boasts a comfortable 2 bedrooms and 1 bathroom, complete with central AC. Owner pays for water roughly $230 monthly and trash $160. Tenants are currently on a annual lease. Don't wait, seize this chance to own a profitable income-producing property! Please do not disturb tenants, please call listing agent with any questions.

Property Type :

ResidentialIncome

Subdivision :

Kimberly Forest

County :

Broward County

Style :

ResidentialIncome

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Property Details

 

Interior Features

Roof : Flat,Shingle,Tile

Roofing Information

Flat,Shingle,Tile

Flooring Information

Tile

Heating & Cooling

Has Heating: Yes

Heating: Central

Has Cooling: Yes

Cooling: CentralAir,CeilingFans

Building Information

Year Built: 1972

Building Area Total: 3773

Construction Materials : Block

Stories : 1

Pool Features : None

Private Pool : No

Lot Information

Lot Description: Item14Acre

Property Information

Subdivision: KIMBERLY FOREST

Source Property Type: ResidentialIncome

MLS Area Minor: Tamarac/Snrs/Lderhl (3650-3670;3730-3750;3820-3850

Postal Code Plus 4: 2438

Zoning Description: R-3

Property SubType: Quadruplex

Levels: One

Property Age: 52

Listing Price Information

Original List Price: $1300000

Original List Price: $1300000

Cash,Conventional,FHA

Tax Information

Parcel Number: 494101091735

Tax Year: 2023

Annual Tax: $11498

Tax Legal Desc: KIMBERLY FOREST 68-31 B PT OF TR B DESC AS BEG SW COR OF TR B,NLY 72.00,ELY 150,SLY ALG E/L OF TR B 49.88 TO P/C, SLY,SWLY & WLY ALG CUR 39.

Utility Information

CableAvailable

Location Information

Direction: Use GPS

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
881 SW 49th Way, Margate, FL,33068 $500,000 2 2 1,542 6305 Sqft
399 SW 64th Ter, Margate, FL,33068 $455,000 3 2 -- --
Single Family, Margate, FL,33068 $349,900 4 2 1,044 7078 Sqft
5275 SW 9th St, Margate, FL,33068 $450,000 3 2 1,458 6936 Sqft
291 N Cortez Dr #291, Margate, FL,33068 $599,000 -- 1 -- --
613 S State Road 7 #3G, Margate, FL,33068 $175,000 2 2 960 --
601 S State Road 7 #1G, Margate, FL,33068 $145,000 2 2 940 --
880 SW 55th Ave, Margate, FL,33068 $535,000 3 2 1,808 9658 Sqft
4921 SW 12th St, Margate, FL,33068 $520,000 3 2 1,698 7671 Sqft
5360 SW 6th Pl, Margate, FL,33068 $539,000 4 3 1,785 6605 Sqft

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 2022 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 05/03/2024 @ 23:11

MLS: A11521137
LISTED BY: Durani Thakoordyal, Realty One Group Royal Oaks
SOURCE: SEFMIAMI
Buyer Agency Compensation: 2%
Buyer Agency Description: BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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