Sold Mar 16, 2026
$151,000About 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.
Listing last checked: Listing updated:
Listed by Ben Levy · Levy Elite Realty Inc · MLS #B26022632
Request property information
Select a document to start a request. You can add others in the form. Availability varies.
Details at a glance
Interior4 property facts
- Rooms
- 3
- Heating
- Central
- Cooling
- Central Air, Ceiling Fan(s)
- Flooring
- Ceramic Tile, Tile
Building4 property facts
- Style
- Condominium
- Year built
- 1972
- Parking
- 1
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- R-3
Financial3 property facts
- Annual taxes
- $2,933
- Assessment year
- 2025
- HOA fee
- $395 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $149,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$998 / monthAdjust
- Principal & interest
- $753
- Property tax
- $244
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $2,933. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $395. The billing period was not supplied; confirm the monthly amount before adding it.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Comparable properties 3 supplied
Sold Apr 22, 2026
$139,0002144 Cambridge G
Sold Apr 8, 2026
$160,0003027 Ashby D #3027
Explore more of Margate
Continue your search in Margate.
Need help making sense of this home?
About 6501 Winfield Boulevard #A-40
Can I request a private showing?
Request a tour of 6501 Winfield Boulevard #A-40 and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.