For SaleQuadruplexActive
400 NW 65
Margate, FL 33063
$3,590,000
107 Days On Site
- 16,969Sq Ft
- $212Per Sq Ft
- 1973Built
- Subdivision
- Atlantic Palms Condo
- County
- Broward
- MLS®
- A12057227
Overview
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
Listing Snapshot
- Price
- $3,590,000
- Days On Site
- 107 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 16,969 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- N/A
- Year Built
- 1973
- MLS® Number
- A12057227
- Status
- Active
- Property Tax
- $3,267 (2024)
- HOA/Condo/Coop Fees
- $22 monthly
- Sq Ft Source
- N/A
Property Details
General Features
8 items
- Levels
- Two
- Parking Spaces
- 22
- Property Sub Type
- Quadruplex
- Sewer
- Public Sewer
- SqFt Total
- 16,969
- Style
- Fourplex
- Utilities
- Cable Available
- Zoning
- R-3
Interior Features
3 items
- Cooling
- Central Air
- Flooring
- Concrete
- Heating
- Central
Exterior Features
2 items
- Construction Details
- Block, Concrete
- Roof
- Other
Community Features
4 items
- Association Fee
- $22.0
- Association Fee Frequency
- Monthly
- MLS Area
- 3633
- Financing Terms Available
- Cash
Location
400 NW 65, Margate, FL 33063 · 3633
Neighborhood & Commute
ZIP Code 33063
- Median household income
- $60,965
- Income per person
- $34,532
- Households
- 25,037
- Average household size
- 2.32
- Median age
- 45.2
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Price changed to $3,590,000
- Listing first seen on site
- Status changed to Active









