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$3,950,000
34 Days On Site

400 NW 65
Margate, FL 33063

For Sale|Quadruplex|Active
0
Beds
0
Total Baths
16,969
SqFt
$233
/SqFt
1973
Built
Subdivision:
ATLANTIC PALMS CONDO
County:
Broward

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+1 (786) 771 7496
400 NW 65400 NW 65400 NW 65400 NW 65
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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

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Listing Snapshot
Price 
$3,950,000
Days On Site 
34 Days
Bedrooms 
N/A
Inside Area (SqFt) 
16,969 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1973
MLS® Number 
A12057227
Status 
Active
Property Tax 
$3,267
HOA/Condo/Coop Fees 
$22 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing first seen on site
a month agoListing updated with changes from the MLS®
General Features
Levels 
Two
Parking Spaces 
22
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
SqFt Total 
16969
Style 
Fourplex
Utilities 
Cable Available
Zoning 
R-3
Interior Features
Cooling 
Central Air
Flooring 
Concrete
Heating 
Central
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Exterior Features
Construction Details 
Block
Roof 
Other
Community Features
Association Dues 
22
Financing Terms Available 
Cash
HOA Fee Frequency 
Monthly
MLS Area 
3400
Listing courtesy of The Real Estate Lab, Inc.

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Neighborhood & Commute
Source: Walkscore
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