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400 NW 65, Margate FL 33063

Multi-family For Sale
$3,950,000

BTC: 62.30283912

ETH: 2,076.06273389

2 days
0 room(s)
16,969 sqft

Overview

22-Unit Investment Portfolio – Atlantic Palms | Margate, FL Exceptional 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 Bathrooms Diverse mix of 1-, 2-, and 3-bedroom units Concrete block construction with central A/C Prime location near Atlantic Blvd., US-441 & Florida's Turnpike Stabilized asset with significant rental upside

Location

Florida • Margate • 33063 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1973
Lot:
No Data
Heating:
Central
Price/sqft:
$233
Cooling:
Central Air
HOA:
$22

Highlights

Annual tax
$3,267
2024
HOA
$22/mo
Pool
Auto Pool Clean
Parking
22 spaces
All facts and features

  • Flooring

    • Concrete

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 484136AB0660

    • Zoning: R-3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • HOA: $22

    • HOA Frequency: Monthly

    • Annual tax amount: $3,267

  • Source details

    • MLS ID: A12057227

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Pool Features: Auto Pool Clean

    • Architectural Style: Other

    • Living Area: 16969

    • Subdivision Name: ATLANTIC PALMS CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33063
449
median $175K
Active
Same city
Margate
467
median $175K
Active
Same type
Multi-family
1
median $4.0M
Active
Similar price
$2.8M – $5.1M
1
median $4.0M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Real Estate Lab, Inc.