6501 Winfield Boulevard A-40, Margate, FL 33063

Margate, FL 33063
$149,000
7% from $160,000
Beds
1
Baths
1
Living Area
720 SF
Year Built
1972
$/SF
$207
Type
Condominium
DOM
32
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About this property

1 bed · 1 bath · 720 sqft · Built 1972

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.

Property facts
Property type
Condominium
Condition
Resale,UpdatedRemodeled
Year built
1972
Stories
2
Roof
Shingle
Subdivision
MARGATE VILLAGE PHASE I CONDO
Waterfront
No
Private pool
No
HOA (monthly)
$395
Public records
Parcel number
484124ab0400
Annual tax
$2,933

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We'll run this home through Deal Radar™ — comp tier, PITI, signal flags — and send the analysis after a brief conversation. 6501 Winfield Boulevard A-40, Margate, FL 33063, Margate, FL.

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Listing data sourced from BeachesMLS / Trestle. All information herein is deemed reliable but is not guaranteed and should be independently verified. Information last updated 6/2/2026. Represented by Eleven Realty Partners, LLC d/b/a XI Realty · Equal Housing Opportunity.

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