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Homes for sale in Margate
Quadruplex

400 NW 65

Margate, FL 33063
$3,950,000
Sq ft
16,969
Year built
1973
Price per sq ft
$233

Listing courtesy of Yaacov Poston, The Real Estate Lab, Inc.

About this home

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

Details

Property

Type
Quadruplex
Building
Fourplex
Year built
1973
Stories
2
Building name
ATLANTIC PALMS CONDO
Subdivision
ATLANTIC PALMS CONDO
County
Broward County
Flood zone
X

Interior

Flooring
Concrete
Cooling
Central Air
Heating
Central

Exterior and parking

Pool
Auto Pool Clean
Construction
CBS Construction

Community and fees

Association fee
$22 monthly
Annual taxes
$3,267
Terms
All Cash

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 30, 2026.