Margate, FL Multifamily Homes For Sale

Broward County | Updated
Market Action
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Shows who has more leverage in the market
0–30 favors buyers
30–100 favors sellers
Selling Speed
11.32
Steady
Shows how quickly homes are being absorbed by buyers
20%+ Fast
8–19.9% Steady
Below 8% Slow
Inventory Supply
8.83
High
Shows how many months it would take to sell current inventory
0–3 Low
3–6 Balanced
6+ High
Sales Activity
2.98
Active
Shows how often homes are selling in this community
2+/mo Active
0.75–1.99/mo Steady
Below 0.75/mo Quiet
Results 1 of 1
400 NW 65th Ave #137, Margate, Florida 33063, image 1
400 NW 65th Ave #137, Margate, Florida 33063, image 2
400 NW 65th Ave #137, Margate, Florida 33063, image 3
$3,950,000
  • 16,969 SqFt
  • $233/SqFt
Multifamily for sale
400 NW 65th Ave #137, Margate, FL 33063
22-unit investment portfolio – atlantic palms | margate, fl exceptional 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 bathrooms diverse mix of 1-, 2-, and 3-bedroom units concrete block construction with central a/c prime location near atlantic blvd., us-441 & florida's turnpike stabilized asset with significant rental upside
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Margate, FL Snapshot
471
Active Inventory
20
New Listings
$81K to $4M
Price Tier
28
Pending Sales
$355K
Median Closed Price
92
Avg. Days On Market

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