Quadruplex in 400 NW 65, Margate, FL 33063 for sale with MLS# A12057227
22-Unit Investment Portfolio - Atlantic Palms | Margate, FLExceptional 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 BathroomsDiverse mix of 1-, 2-, and 3-bedroom unitsConcrete block construction with central A/CPrime location near Atlantic Blvd., US-441 & Florida's TurnpikeStabilized asset with significant rental upside
400 NW 65, Margate, FL 33063
- Price:
- $3,850,000.00
- Original List Price:
- $3,950,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $226.88
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Fourplex (Quadruplex)
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- October 10, 2026 1:36 am
- Living Area:
- 16,969 Sqft
- Built-Up Area:
- 16,969 Sqft
- Waterfront:
- No
- Private Pool
- Swimming Pool Features:
- Pool Sweep, Pool Sweep
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central, Separate Meters
- Year Built:
- 1973
- Roof:
- Other
- Number of Units Total:
- 1
- Levels:
- Two
- Construction Materials:
- CBS
- Flooring:
- Concrete
- Number of stories:
- 2
- Structure Type:
- Multi Family
- Number of Units in the Community or Building:
- 1
- Flood Zone Code:
- X
- Property Condition:
- Resale
- Tax Annual Amount:
- $3,267.00
- Tax Year:
- 2024
- Association Fee:
- $22.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- City/County
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Association
- Association Type:
- Condominium
- Subdivision Name:
- ATLANTIC PALMS CONDO
- Senior Community:
- No
- Documents Available:
- Rent Rolls
- Listing Terms Considered by Seller:
- Cash
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- ATLANTIC PALMS CONDO UNIT 137 BLDG D PER CDO CIN #107483535
- Real Estate Folio Number (Parcel Number):
- 484136AB0660
- Zoning:
- R-3
- Active on the market since:
- July 21, 2026
- Listing Agreement executed on:
- July 21, 2026
- Price change occurred on:
- October 10, 2026 1:36 am
- Listing Status Last Changed On:
- July 21, 2026 4:00 am
- Photos updated on:
- September 30, 2026 6:31 pm
- Last Modified:
- October 10, 2026 12:38 am
- Courtesy of:
- The Real Estate Lab, Inc.
- Attribution:
- Not provided
- Street Name:
- 65
- Street Number:
- 400
- City:
- Margate
- State:
- Florida
- Zip Code:
- 33063
- County:
- Broward
- Latitude:
- N26° 39' 15.6''
- Longitude:
- W82° 1' 6.3''
- Street Direction Prefix:
- NW
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 400 NW 65, Margate, FL 33063
