Closed

Lakewood On The Green, 5525 N Lakewood Cir N #211, Margate, FL 33063

169,990(-4.11% )
2Beds
2Baths
970SqFt

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Details

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Status:
Sold - Sep 01, 2023
Parking: No info
Size: 970 SqFt (90 m2)
Price: $168/SqFt ($1,809/m2)
Type: Condo
Built: 1974
HOA: $558/MO
MLS Number: A11419342
View: Garden
On Site: 760 Days
Updated: 710 Days ago
Page Views: 0
**investors dream-will be rented from day 1—all ages & immediate renting ok! This spacious 2/2 corner condo centrally located is an excellent investment opportunity property features laminate flooring in both bedrooms, a/c replaced in 2020 and all appliances are under 5 years old. Plenty of closet space, an enclosed patio with peaceful garden views- all in a lovely complex with clubhouse, heated pool, tennis courts and fitness center. Each unit has additional storage and laundry is on each floor. 2 pets allowed up to 25lbs each. Seller to lease-back property from date of closing at $1500 p/m for annual lease w/ Option to renew. Immediate cash flow and no work needs to be done while seller occupies condo. Rental comps once property is remodeled is around $2,000 p/m generating a 7% roi!
Features
Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Patio
  • View: Garden
Interior, Heating and Cooling
  • Interior Features: FirstFloorEntry, Other, Pantry, WalkInClosets
  • Equipment / Appliances: Dishwasher, ElectricRange, Microwave, Refrigerator
  • Heating Description: Central
  • Cooling Description: CentralAir, CeilingFans
Building and Construction
  • Floor Description: Carpet,Wood
  • Windows/Treatment: Blinds
  • Year Built: 1974
  • Year Built Description: Unknown
  • Style: GardenApartment
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2023-07-14T08:23:07.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities, CommonAreas, CableTV, MaintenanceStructure, Roof, Sewer, Trash, Water
    • Taxes: 395
    • Parking Description: Assigned, Guest, OneSpace
    • Total Floors in Building: 2

    Price History

    09/01/2023

    Date

    Sold

    Event

    $163K

    Price

    -4.11%

    Change Rate

    $168 ft2 / $1,809 m2

    Price Per

    07/14/2023

    Date

    Listed

    Event

    $170K

    Price

    $175 ft2 / $1,886 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by Mitchell LvovskyCutting Edge Investments & Realty Inc • Buyer Agency Compensation .

    Instant Comps

    $100/ft²
    $100/ft²
    $300/ft²
    $500/ft²

    Unit #211 – Asking

    $168/ft²

    (-45%) from Closed Medium $/ft²

    Closed Medium $/ft²

    $303/ft²
    Community $/Price Range (Closed) $124/ft² – $354/ft²
    No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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    Margate
    Entry-Level Homes & Condos

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