Virtual TourMap

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

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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

  1. Listing updated with changes from the MLS®
  2. Price changed to $3,590,000
  3. Listing first seen on site
  4. Status changed to Active

Friends & Family

Listing courtesy of The Real Estate Lab, Inc. (305) 467-8767

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-05 09:11 PM EST

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