Multifamily in Margate, FL 33068Kimberly Forest, 581 Kathy Ln #1-4
OFF MARKET
Beds
3,730
SqFt$201
$/SqFtEntry-Level MultifamilyProperty Type
1973Year Built
$201/SqFtPrice per sq ft
BalconyExterior Features
BEAUTIFUL UPDATED FOURPLEX in a good neighborhood in Margate! 2 bedroom 1 bath each unit. Property has central ac throughout, Separate electric meters so tenants pay their own electricity. Owner pays water about $230 monthly and trash $160. New roof 3 years ago, Ac is less then 2 years old, water heater is less then 5 years old wow! New Granite Counter tops and baseboard. New Sprinkler system being installed & a Coin Laundry in the back allows owner to make even more money! Rents are currently below market value but can be increased. Market rent for a 2/1 is currently at $1,800! Potential income is around $87,000 Plus Potential Cap Rate Of 9%+/-.All tenants on month to month lease! Take advantage of this great investment opportunity! This is a perfect find for owner Occupant or Investor!
Listing Courtesy Of: Charles Rutenberg Realty FTL
Local Realty Services Provided By: Best of Luxury Realty
On Site: 1530 DaysUpdated: 95 Days agoPage Views: 0
Features
MLS Number: F10347321
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Balcony
Interior, Heating and Cooling
- Heating Description: Electric
- Cooling Description: Electric
Building and Construction
- Floor Description: Other
- Year Built: 1973
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2022-09-06T05:33:43.000-00:00
Taxes, Fees & More
- Maintenance Includes: HotWater, Sewer, Trash, Water
- Taxes: 12543
- Total Floors in Building: 1
- Total Units in Building: 4
- Total Units in Complex: 4
Apples-to-Apples Comparables
Price History
Current
$748K
High
$800K
Low
$748K
Total Change
-6.5%Date
Event
Price
Change
Price Per
11/17/2022
Price Reduced
$748K
-6.5%$201 ft2
$2,159 m2
11/06/2022
Listed
$800K
$214 ft2
$2,309 m2
11/17/2022
$748K
Event
Price Reduced
Change
-6.5%Price Per
$201 ft2
$2,159 m2
11/06/2022
$800K
Event
Listed
Price Per
$214 ft2
$2,309 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Kenise Estime • Charles Rutenberg Realty FTL • Buyer Agency Compensation .
Tour This Property
Choose an in-person or video tour with a licensed local advisor
A local advisor will confirm availability
Ready to Make an Offer?
Get expert guidance from a local advisor
Community Snapshot
3 – 5 BR
Bedrooms
$525K – $789K
Price Tier
1,249 - 5,499
SqFt Range
1973
Year Build
1
Total Floors
Subdivision Amenities
Laundry
Maintenance
None
Pool
Sidewalks
All Margate, FL Entry-Level Entry-Level Homes & Condos
- Applegreen Mixed5
- Atlantic Palms Condo2
- Cathedral Gardens House0
- Cathedral Square House1
- Coco Parc Condo2
- Coconut Key Townhouse4
- Continental Village Condo4
- Coral Gate Mixed4
- Coral Key Condo11
- Coral Lake Estates At Carolina House2
- Courtyard Of Coral Gate Condo0
- Coventry Gardens Townhouse3
- Crestwood At Carolina Mixed2
- Cypress Cove House0
- Fairway Estates House2
- Fairway Pointe At Carolina Country Club House2
- Fairway Views Townhouse1
- Fiesta Townhouse4
- Gateway Mile House0
- Golfside At Holiday Springs Condo4
- Hammon Heights House3
- Harmony Terrace Condo1
- Holiday Springs Condo25
- Horizon At Celebration Townhouse2
- Juniper Glen House1
- Kimberly Forest House6
- Kimberly Townhouses Mixed1
- Lakewood On The Green Mixed3
- Las Brisas At Coral Bay House3
- Las Brisas Del Mar At Coral Bay House0
- Mallory Harbor At Coral Bay House0
- Margate Shores House2
- Margate Village Condo7
- Montara At Carolina House0
- Monte Carlo Townhouse3
- Oakland Hills House8
- Oriole Gardens 1 Condo18
- Oriole Gardens 2 Condo9
- Oriole Gardens 3 Condo11
- Oriole Golf & Tennis Club 1 Condo20
- Oriole Golf & Tennis Club 2 Condo9
- Our Place Villa4
- Palm Lakes Condo21
- Palm Springs 1 Condo2
- Palm Springs 2 Condo16
- Palm Springs 3 Condo4
- Paradise Gardens 1 House4
- Paradise Gardens 2 House3
- Paradise Gardens 3 House6
- Paradise Gardens 4 Mixed5
- Parkway Villas & Venetian Lakes Villa1
- Port Antigua At Coral Bay House2
- Royal Park Gardens 1 Condo13
- Royal Park Gardens 2 Condo6
- Royal Park Gardens 3 Condo10
- Southgate House3
- The Greens At Carolina 1 House0
- The Greens At Carolina 2 House3
- The Greens At Carolina 4 House1
- The Highlands At Carolina House1
- The Island Of Margate Mixed1
- The Laurels At Margate Condo4
- The Meadows Condo5
- Townhomes Of Oriole Townhouse4
- Viewpointe Condo5
- Willow Creek House2
- Winfield Gardens Condo3
- Woodlake Isles Villa6
- Woodlake Isles North Condo1
Other Margate, FL Homes & Condos Price Range Segments
Premium
Premium23
- Cape Sable House1
- Fay’s Cove At Coral Bay House1
- Heritage Pines House1
- Ibec House10
- Indian Key At Coral Bay House1
- Islamorada At Coral Bay House1
- Margate Estates House1
- Margate No HOA House5
- Margate Residential House1
- North Margate House5
- Oriole Margate House15
- Palm Gate House1
- Parkside At Royal Palm House0
- Royal Springs South House1
- Serino Park House1
- The Cape At Coral Bay House5
- The Enclave At Carolina 2 House1
- The Enclave At Carolina 3 House0
- The Greens At Carolina 3 House1
- The Highlands Of Tam O'Shanter Townhouse1
- The Pines At Carolina House1
- The Woodlands At Carolina Mixed1
- Villas On The Green Villa0
Mid-Tier
Mid-Tier3
High-End
High-End1
Margate, FL Nearby Cities
0.9 mi
$105K - $1000K
$2K - $5K
2.4 mi
$2K - $1.4M
$2K - $8K
3.8 mi
$120K - $11M
$2K - $11K
4.0 mi
$3K - $5.5M
$2K - $17K
4.1 mi
$101K - $1.1M
$2K - $6K