6501 Winfield Blvd Unit A40 Margate, FL 33063
North Margate NeighborhoodEstimated payment $1,487/month
Highlights
- Clubhouse
- Community Pool
- Ceramic Tile Flooring
- Main Floor Primary Bedroom
- Walk-In Closet
- 2-minute walk to Winfield Park
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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,933
Year Built
- Built in 1972 | Remodeled
Lot Details
- East Facing Home
HOA Fees
- $395 Monthly HOA Fees
Home Design
- Shingle Roof
Interior Spaces
- 720 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Ceramic Tile Flooring
Kitchen
- Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- Walk-In Closet
- 1 Full Bathroom
Home Security
Parking
- 1 Parking Space
- Guest Parking
- Deeded Parking
- Assigned Parking
Schools
- Margate Elementary And Middle School
- Coral Springs High School
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 484124ab0400
Community Details
Overview
- Association fees include common areas, ground maintenance, pool(s), roof, sewer, trash, water
- Margate Village Phase I Condo Subdivision
- Maintained Community
- Community Parking
Amenities
- Clubhouse
- Laundry Facilities
Recreation
- Community Pool
- Community Spa
Pet Policy
- No Pets Allowed
Security
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $2,933 | $128,880 | -- | -- |
| 2025 | $2,777 | $117,170 | -- | -- |
| 2024 | $2,503 | $117,170 | -- | -- |
| 2023 | $2,503 | $96,840 | $0 | $0 |
| 2022 | $2,217 | $88,040 | $8,800 | $79,240 |
| 2021 | $1,520 | $52,700 | $0 | $0 |
| 2020 | $1,351 | $48,620 | $4,860 | $43,760 |
| 2019 | $1,259 | $43,560 | $4,360 | $39,200 |
| 2018 | $1,145 | $40,180 | $4,020 | $36,160 |
| 2017 | $786 | $19,180 | $0 | $0 |
| 2016 | $693 | $17,440 | $0 | $0 |
| 2015 | $677 | $15,860 | $0 | $0 |
| 2014 | $602 | $14,420 | $0 | $0 |
| 2013 | -- | $16,560 | $1,660 | $14,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/01/2026 05/01/26 | For Sale | $160,000 | +77.8% | $222 / Sq Ft | |
| 10/05/2021 10/05/21 | Sold | $90,000 | -10.9% | $125 / Sq Ft | View Prior Sale |
| 10/04/2021 10/04/21 | Pending | -- | -- | -- | |
| 09/02/2021 09/02/21 | Price Changed | $101,000 | +6.3% | $140 / Sq Ft | |
| 09/02/2021 09/02/21 | For Sale | $95,000 | +5.6% | $132 / Sq Ft | |
| 09/01/2021 09/01/21 | Off Market | $90,000 | -- | -- | |
| 08/03/2021 08/03/21 | For Sale | $95,000 | 0.0% | $132 / Sq Ft | |
| 12/01/2017 12/01/17 | Rented | $850 | 0.0% | -- | |
| 11/17/2017 11/17/17 | Under Contract | -- | -- | -- | |
| 11/16/2017 11/16/17 | For Rent | $850 | 0.0% | -- | |
| 11/10/2017 11/10/17 | Under Contract | -- | -- | -- | |
| 11/08/2017 11/08/17 | Price Changed | $850 | -2.9% | $1 / Sq Ft | |
| 10/16/2017 10/16/17 | Price Changed | $875 | -2.8% | $1 / Sq Ft | |
| 10/09/2017 10/09/17 | Price Changed | $900 | -5.3% | $1 / Sq Ft | |
| 09/29/2017 09/29/17 | For Rent | $950 | 0.0% | -- | |
| 05/10/2017 05/10/17 | Sold | $41,000 | -6.8% | $57 / Sq Ft | View Prior Sale |
| 04/26/2017 04/26/17 | Pending | -- | -- | -- | |
| 04/04/2017 04/04/17 | For Sale | $44,000 | -- | $61 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $90,000 | Supreme Title And Escrow Inc | |
| Warranty Deed | $41,000 | Florida Title & Trust Llc | |
| Warranty Deed | $20,500 | -- | |
| Deed | $10,000 | -- | |
| Quit Claim Deed | $10,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $67,500 | New Conventional |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: B26022632
APN: 48-41-24-AB-0400
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Ask me questions while you tour the home.