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Wade M. Berlin

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6501 Winfield Boulevard A-40
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PRICED AT ONLY: $160,000

Address: 6501 Winfield Boulevard A-40, Margate, FL 33063

Description

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.

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  • MLS#: B26022632 ( Residential )
  • Street Address: 6501 Winfield Boulevard A-40
  • Viewed: 24
  • Price: $160,000
  • Price sqft: $222
  • Waterfront: No
  • Year Built: 1972
  • Bldg sqft: 720
  • Bedrooms: 1
  • Total Baths: 1
  • Full Baths: 1
  • Days On Market: 13

Description

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.
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Features
Building and Construction
  • Flooring: Ceramic Tile, Tile
  • Roof: Shingle
School Information
  • High School: Coral Springs
  • Middle School: Margate
  • School Elementary: Margate
Garage and Parking
  • Parking Features: Asphalt, Assigned, Concrete, Deeded, Guest
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Pets Allowed: No
  • Sewer: Public Sewer
  • Utilities: Cable Available, Water Connected
Amenities
  • Association Amenities: Pool, Clubhouse, Laundry, Maintained Community, Parking, Spa/Hot Tub
Finance and Tax Information
  • Home Owners Association Fee Includes: Pool Service, Common Areas, Maintenance Grounds, Roof Repairs, Sewer, Trash, Water
  • Home Owners Association Fee: 395
  • Tax Year: 2025
Other Features
  • Appliances: Range, Electric Cooktop, Cooktop, Dishwasher, Disposal, Electric Range, Microwave, Oven, Refrigerator, Vented Exhaust Fan
  • Interior Features: Walk-In Closet(s)
  • Legal Description: MARGATE VILLAGE PHASE I CONDO UNIT 40 BLDG A PER CDO BK/PG: 5311/75
  • Parcel Number: 484124ab0400
  • Unit Number: A-40
  • Views: 24
  • Zoning Code: R-3
Nearby Subdivisions
1 Of Palm Springs 1 Condo   1 Of Palm Springs 2 Condo   10 Of Palm Springs 2 Condo   11 Of Palm Springs 2 Condo   14 Of Palm Springs 2 Condo   16 Of Palm Spgs 2 Condo   16 Of Palm Springs 2 Condo   17 Of Palm Springs 2 Condo   2 Of Palm Springs 2 Condo   20 Of Palm Spgs 3 Condo   21 Of Palm Springs 3 Condo   23 Of Palm Springs 3 Condo   26 Of Palm Springs 3 Condo   3 Of Palm Springs 2 Condo   31 Of Palm Springs 3 Condo   36 Of Palm Springs 3 Cond   36 Of Palm Springs 3 Condo   6 Of Palm Springs 2 Condo   9 Of Palm Springs 2 Condo   Atlantic Palms Condo   Coconut Key   Coral Gate   Coral Gate Community   Coral Gate Ii Condo   Coral Gate V Condo   Coral Gate X Condo   Coral Gate Xii Condo   Coral Key   Coral Key Condo   Courtyard Condominiums   Crestwood At Carolina Condo   Holiday Springs   Holiday Springs Villa I   Holiday Springs Village   Holiday Springs Village 1 Cond   Holiday Springs Village 2   Holiday Springs Village 2 Cond   Holiday Springs Village 3   Holiday Springs Village 3 Cond   Holiday Springs Village 6   Holiday Springs Village 6 Cond   Lakeside   Margate Gardens Apartment   Margate Gardens Condo   Margate Village   Margate Village Ph I Cond   Margate Village Ph Ii   Margate Village Ph Ii Con   Margate Village Phase I Condo   Margate Village Phase Ii Condo   Merrick Preserve   Oriole Gardens   Oriole Gardens 1   Oriole Gardens 10 Condo   Oriole Gardens 15 Condo   Oriole Gardens 19 Condo   Oriole Gardens 1condo Unit 202   Oriole Gardens 24 Condo   Oriole Gardens 29 Condo   Oriole Gardens 33 Condo   Oriole Gardens 34 Condo   Oriole Gardens Condo   Oriole Gardens Ii   Oriole Gardens Phase 1   Oriole Gardens Three   Oriole Gardens Three 71 Condo   Oriole Gardens Three 77 Condo   Oriole Gardens Three 79 Condo   Oriole Gardens Three 81 Condo   Oriole Gardens Two   Oriole Gardens Two 40 Condo   Oriole Gardens Two 44 Condo   Oriole Gardens Two 47 Condo   Oriole Gardens Two 49 Condo   Oriole Gardens Two 50 Condo   Oriole Gardens Two 51 Condo   Oriole Gardens Two 52 Condo   Oriole Gardens Two 53 Condo   Oriole Gardens Two 67 Condo   Oriole Golf   Oriole Golf & Tennis 1   Oriole Golf & Tennis Club   Oriole Golf & Tennis Club Cond   Oriole Golf & Tennis One   Oriole Golf & Tennis Two   Oriole Golf And Tennis   Orioles Gardens   Palm Springs 1 Condo   Palm Lakes   Palm Lakes Condo   Palm Springs 2   Palm Springs 2 Condo   Palm Springs 3   Palm Springs Ll   Royal Pak Gardens   Royal Palm Gardens   Royal Park Gardens   Royal Park Gardens 1-c   Royal Park Gardens 2-d Co   Royal Park Gardens I-b Condo   Royal Park Gardens I-c Co   Royal Park Gardens I-c Condo   Royal Park Gardens I-j Condo   Royal Park Gardens Ii-e Condo   Royal Park Gardens Ii-k Condo   Royal Park Gardens Ii-l Condo   Royal Park Gardens Iii   Royal Park Gardens Iii-f Condo   Royal Park Gardens Iii-g Condo   Royal Park Gardens Iii-h Condo   The Courtyard Condominium   Viewpointe Condo   Winfield Gardens South   Winfield Gardens South Condo   Woodlake Isles  
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  2. The Real Estate Professional You Deserve
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