Condo in 6501 Winfield Boulevard A-40, Margate, FL 33063 for sale with MLS# B26022632
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.
6501 Winfield Boulevard A-40, Margate, FL 33063
Price
- Price:
- $160,000.00
- Original List Price:
- $160,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $222.22
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- May 1, 2026 12:44 pm
Rooms Distribution
- Bedrooms:
- 1
- Bathrooms Total:
- 1
- Full Bath:
- 1
- Room Type:
- Kitchen, Living Room, Master Bedroom
- Rooms Total:
- 3
- Master Bedroom Bath:
- Master Bdrm - Ground, Bedroom On Entry Level
Measures
- Living Area:
- 720 Sqft
- Built-Up Area:
- 720 Sqft
- Building Area Source:
- Appraiser
- Living Area Source:
- Appraiser
Property Features
- Waterfront:
- No
- Security:
- Smoke Detector(s), Fire Alarm
- Appliances:
- Dishwasher, Disposal, Microwave, Refrigerator, Cooktop, Electric Range, Range, Oven, Vented Exhaust Fan, Electric Cooktop
- Interior:
- Walk-In Closet(s)
- Laundry:
- Common Area
- Air Conditioning
- Air Conditioning System:
- Central Air, Ceiling Fan(s)
- Heating
- Heating System:
- Central
- Property Entrance Faces:
- East
Construction
- Year Built:
- 1972
- Roof:
- Shingle
- Levels:
- Two
- Construction Materials:
- CBS
- Flooring:
- Tile, Ceramic Tile
- Number of stories:
- 2
- Structure Type:
- Multi Family
- Stories:
- 1
- Property Condition:
- Resale, Updated/remodeled
Taxes and Expenses
- Tax Annual Amount:
- $2,932.93
- Tax Year:
- 2025
- Tax Assessed Value:
- $117,170.00
- Association Fee:
- $395.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- No Homestead, Tax Reflects No Exemptions
Parking
- Parking Total Spaces:
- 1
- Covered Spaces:
- 0
- Parking Features:
- Assigned, Guest, Deeded, Asphalt, Concrete
Utilities
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available, Water Connected
- Water Source:
- Public
Community
- Association
- Association Membership:
- Voluntary
- Association Type:
- Condominium
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Spa/hot Tub, Clubhouse, Laundry, Parking, Maintained Community
- Subdivision Name:
- MARGATE VILLAGE PHASE I CONDO
- Association Fee Includes:
- Maintenance Grounds, Sewer, Water, Trash, Common Areas, Roof Repairs, Pool Service
- Senior Community:
- No
- Development Name:
- MARGATE VILLAGE
- Restrictions:
- No Restrictions
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA, VA Loan
- Occupant Type:
- Tenant Occupied
- Buyer Possession:
- Close Of Escrow
Zoning and Legal
- Tax Legal Description:
- MARGATE VILLAGE PHASE I CONDO UNIT 40 BLDG A PER CDO BK/PG: 5311/75
- Real Estate Folio Number (Parcel Number):
- 484124ab0400
- Zoning:
- R-3
Public Schools Assigned
- Elementary School:
- Margate
- High School:
- Coral Springs
- Middle Or Junior School:
- Margate
Listing History
- Active on the market since:
- May 1, 2026
- Listing Agreement executed on:
- May 1, 2026
- Listing Status Last Changed On:
- May 1, 2026 12:44 pm
- Photos updated on:
- May 1, 2026 1:03 pm
- Last Modified:
- May 31, 2026 8:04 pm
Additional Information
- Courtesy of:
- Levy Elite Realty Inc
- Attribution:
- Not provided
Location
- Street Name:
- Winfield
- Street Number:
- 6501
- Unit Number:
- A-40
- City:
- Margate
- State:
- Florida
- Zip Code:
- 33063
- County:
- Broward
- Latitude:
- N26° 15' 32.4''
- Longitude:
- W81° 47' 15''
- Street Suffix:
- Boulevard
Property Map
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$62,930
Median Home Value
$270,100
Median Rent
$1,790/mo
Median Age
45
Population
55,539
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