NOT LISTED FOR SALE

406 Lakeside Dr Unit 110 Margate, FL 33063

Margate Area

Estimated Value: $158,207

3 Beds
1 Bath
630 Sq Ft
$251/Sq Ft Est. Value

Sale Details

Date Sold: March 23, 2012

Last sale price $240,000 $381 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $1,297 / mo

17 Days on Market

Highlights

  • Lake Front
  • Tile Flooring
  • 1-Story Property
  • In Ground Pool
  • Central Heating and Cooling System

About This Home

As of March 2012

****OWNER FINANCING****This is a 5 unit condominium package at Village on the Lake, Margate. There are 3-2 bedroom 1 baths, and 2- 1 bedroom 1 bath. All units fully rented and have a total of $3,950 monthly rental income, with long term tenants. This is an excellent cash flow property. Please do NOT disturb tenants. Owner will finance with 50% down. Incredible opportunity.

Last Agent to Sell the Property

Thomas Kiss

United Realty Group Inc License #3032411 Listed on: 01/21/2012

United Realty Group Inc

Last Buyer's Agent

Rick Demato

Re/Max 1st Choice License #3150308

Re/Max 1st Choice
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $894

Year Built

  • Built in 1984

HOA Fees

  • $190 Monthly HOA Fees

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • In Ground Pool
  • Lake Front

Community Details

  • Association fees include water
  • 4 Units
  • Village On The Lake Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484231AD0170

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$894

Year Built

Built in 1984

Lot Details

0 Sq Ft Lot

HOA Fees

$190 per month

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: ATLANTIC BLVD JUST EAST OF 441 TO LAKESIDE DRIVE, GO NORTH TO COMPLEX ON THE RIGHT
  • Year Built: 1984
  • DelayedMarketingYN: No
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Stories: 1

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Lake Front, Other
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 190.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Water

Lot Info

  • Parcel #: 484231AD0170
  • Mobile Dim Units: Feet
  • Zoning: RES

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 894.0

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2012
Closed on
Mar 23, 2012
Sold by
Bought by
Seller's Agent
Thomas Kiss
United Realty Group Inc
Buyer's Agent
Rick Demato
Re/Max 1st Choice
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Current Estimated Value
$158,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,793
Avg. Annual Appreciation
-2.85%
Original Mortgage
$120,000
Interest Rate
7.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 30, 2001
Sold by
Bought by

Purchase Details

Closed on
Feb 13, 1998
Sold by
Bought by

Purchase Details

Closed on
Aug 12, 1996
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 1983
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$240,000 None Available
$40,000 The Title Co Of South Florid
-- The Title Co Of South Florid
$100 --
$33,000 --
$21,214 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $120,000
Previous Owner $22,545
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/23/2012 03/23/12 Sold $240,000 -4.0% $381 / Sq Ft
02/22/2012 02/22/12 Pending -- -- --
01/20/2012 01/20/12 For Sale $249,900 -- $397 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $2,871 $112,530
2025 $2,579 $102,300
2024 $2,486 $102,300
2023 $2,486 $84,550 $0 $0
2022 $2,137 $76,870 $0 $0
2021 $1,942 $69,890 $0 $0
2020 $1,728 $69,610 $6,960 $62,650
2019 $1,663 $71,300 $7,130 $64,170
2018 $1,478 $64,040 $6,400 $57,640
2017 $1,368 $47,750 $0 $0
2016 $1,221 $43,410 $0 $0
2015 $1,191 $39,470 $0 $0
2014 $1,128 $35,890 $0 $0
2013 -- $32,630 $3,260 $29,370
Source: Public Records

Agents Affiliated with this Home

  • Thomas Kiss Real Estate Agent - United Realty Group Inc

    Seller's Agent in 2012

    Thomas Kiss

    United Realty Group Inc

    (954) 629-6888

    2 Total Sales

    Thomas Kiss
    Section Image
  • Rick Demato Real Estate Agent - RE/MAX

    Buyer's Agent in 2012

    Rick Demato

    RE/MAX

    13 Total Sales

    Rick Demato
    Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1170492

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-31-AD-0170

Florida Broward County Margate 33063

406 Lakeside Dr Unit 110, Margate, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.