Condominium

6501 Winfield Boulevard # 40

Margate, FL 33063

$149,000

Beds: 1
Baths: 1
Sq ft: 720
Year built: 1972
Price per sq ft: $207

Listing courtesy of Ben Levy, Levy Elite Realty Inc

About this home

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.

Details

Property

Type: Condominium
Year built: 1972
Stories: 2
Subdivision: MARGATE VILLAGE PHASE I CO,MARGATE VILLAGE
County: Broward County
Faces: East

Interior

Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven
Flooring: Ceramic Floor, Tile
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Laundry: Common Area
Features: Walk-In Closet(s)

Exterior and parking

Pool: Community
Parking: Assigned, Deeded, Guest
Construction: CBS Construction
Roof: Comp Shingle Roof, Shingle

Community and fees

Association fee: $395 monthly
Amenities: Clubhouse, Clubhouse-Clubroom, Laundry, Community Pool, Laundry Facility, Maintained Community, Pool, Private Pool, Spa/Hot Tub
Maintenance includes: Maintenance Incl Common Area, Laundry Facilities, Parking, Pool Service, Roof Repairs, Sewer, Trash Removal, Water
Security: Smoke Alarm, Smoke Detector(s), Fire Alarm, Smoke Detector
Pets: No, Yes
Annual taxes: $2,932
Terms: All Cash, Conventional, FHA, FHA 203K, VA Loan

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 8, 2026.