400 NW 65, Margate, FL 33063
400 NW 65, Margate, FL 33063
400 NW 65, Margate, FL 33063
400 NW 65, Margate, FL 33063
400 NW 65, Margate, FL 33063
400 NW 65, Margate, FL 33063
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Floise Njeri Mizejewski

Floise Njeri Mizejewski

+1(754) 215-1911
$ 3,950,000
Est. payment | /mo

16,969 SqFt

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$ 3,950,000
Est. payment | /mo
Save Virtual Tour

16,969 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 16,969 sqft

Price per Sqft $232

Subdivision Atlantic Palms Condo

MLS Listing ID A12057227

Construction Status Resale

HOA Fees $22/mo

HOA Y/N Yes

Total Fin. Sqft 16969

Year Built 1973

Annual Tax Amount $3,267

Tax Year 2024

Property Sub-Type Quadruplex

Property Description

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

Location

State FL

County Broward

Area 5940 - Other Florida County

Zoning R-3

Interior

Interior Features InteriorFeatures

Heating Central, Separate Meters

Cooling Central Air

Flooring Concrete

Fireplace No

Exterior

Pool Pool Sweep

Utilities Available Cable Available

Roof Type Other

Total Parking Spaces 22

Private Pool Yes

Building

Dwelling Type Multi Family

Story 2

Sewer Public Sewer

Structure Type Block

New Construction No

Construction Status Resale

Others

Tax ID 484136AB0660

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12057227

BeachesMLS, Inc. (FLR) IDX
Listed by Yaacov Yinon Poston The Real Estate Lab, Inc.
Schools and Properties Nearby
Floise Njeri Mizejewski

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(754) 215-1911

floise.majeski@gmail.com

4311 Crystal Lake Dr, Pompano Beach, FL, 33064-1242, USA

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400 NW 65