Margate FL Multi Family for Sale

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Type:
Fourplex
Sq.Ft.:
3,773
Status:
Active
Beds:
n/a
Year built:
1972
Baths:
MLS#:
A11521137
Subdivision:
KIMBERLY FOREST

ADDITIONAL INFORMATION

Don't miss out on this incredible opportunity! This Fourplex in Margate offers a corner unit and is being sold as is, making it perfect for investors. With separate electric meters and a proven track record of generating income, this property is a cash cow. The current rent in the area can reach $2000, ensuring a steady stream of revenue. The roof was replaced in 2005, and each unit boasts a comfortable 2 bedrooms and 1 bathroom, complete with central AC. Owner pays for water roughly $230 monthly and trash $160. Tenants are currently on a annual lease. Don't wait, seize this chance to own a profitable income-producing property! Please do not disturb tenants, please call listing agent with any questions.

Type:
Duplex
Sq.Ft.:
1,544
Status:
Active
Beds:
n/a
Year built:
1976
Baths:
MLS#:
A11448205

ADDITIONAL INFORMATION

Great opportunity for a big family, a 3 Bed/2 Bath Half Duplex, all tile floor throughout the property. Brand New Roof, Bonus room, No association, all fenced, Pets welcome, very quiet area, very convenience close to schools, supermarkets, Close access to Florida Turnpike.

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Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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Margate Real Estate

The median home value in Margate, FL is $340,000. This is higher than the county median home value of $266,700. The national median home value is $219,700. The average price of homes sold in Margate, FL is $340,000. Approximately 58.93% of Margate homes are owned, compared to 23.84% rented, while 17.22% are vacant. Margate real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Margate real estate agent to arrange a tour today!

Margate, Florida has a population of 57,045. Margate is less family-centric than the surrounding county with 25.2% of the households containing married families with children. The county average for households married with children is 29.07%.

The median household income in Margate, Florida is $43,782. The median household income for the surrounding county is $54,895 compared to the national median of $57,652. The median age of people living in Margate is 44.1 years.

Margate Weather

The average high temperature in July is 90.6 degrees, with an average low temperature in January of 58 degrees. The average rainfall is approximately 63.1 inches per year, with 0 inches of snow per year.

Margate Real Estate Market Conditions

  • Median sales price

    $340,000
    10.08% change since last quarter
  • # Active listings

    474
    30-day change

Margate Schools and Demographics

Education near Margate, FL

Metric City County
High School Graduates 86.67 88.6
College Degree - 2 year 9.84 9.93
College Degree - 4 year 18.91 31.48
Graduate Degree 3.67 7.81
Expenditures per Student 9,109 9,127
Students per Teacher 17.3 19

Elementary Schools near Margate, FL

School Grades Students P/T Ratio ZIP
Alphabet Land-Margate PK - PK 40 33063
Atlantic West Elementary School PK - 05 667 13.6 33063
Broadview Elementary School PK - 05 999 16.1 33068
Broward Virtual Instruction Program KG - 08 38 33066
Broward Virtual Instruction Program (District Provided) KG - 06 82 33066
C. Robert Markham Elementary PK - 05 596 16.1 33069
Charles Drew Elementary School PK - 05 603 14.7 33069
Coconut Creek Elementary School PK - 05 749 15 33066
Imagine Charter/N Lauderdale KG - 05 543 14.3 33068
Liberty Elementary School PK - 05 1,014 14.7 33063
Maplewood Elementary School PK - 05 716 14.6 33071
Margate Elementary School PK - 05 984 16.1 33063
Morrow Elementary School PK - 05 477 14 33068
North Broward Academy of Excellence KG - 05 683 18 33068
North Lauderdale Elementary School PK - 06 658 16.4 33068
Panacea Prep. Charter School KG - 05 124 33071
Pinewood Elementary School PK - 05 638 15.6 33068
Ramblewood Elementary School PK - 05 787 15.7 33071
Rise Academy School of Science and Technology KG - 08 275 16.5 33063
Riverside Elementary School PK - 05 739 16.4 33071
Somerset Preparatory Academy Charter School At North Lauderd KG - 08 709 18.7 33068

Middle Schools near Margate, FL

School Grades Students P/T Ratio ZIP
College Bound Academy of Excellence 06 - 12 0 33063
Margate Middle School 06 - 08 1,269 16.9 33063
North Broward Academy of Excellence Middle School 06 - 08 352 23.3 33068
Ramblewood Middle School 06 - 08 1,163 19.1 33071
Silver Lakes Middle School 06 - 08 807 14.9 33068

High Schools near Margate, FL

School Grades Students P/T Ratio ZIP
Coconut Creek High School 09 - 12 1,466 21.3 33066
J. P. Taravella High School 09 - 12 3,104 22.7 33071
Somerset Preparatory Academy Charter High At North Lauderdal 09 - 12 222 20.2 33068
Suned High School of North Broward 09 - 12 148 29.6 33063

Ungraded Schools near Margate, FL

School Grades Students P/T Ratio ZIP
* Atlantic Technical College 09 - 12 647 5.4 33063
Broward Math and Science Schools KG - 12 97 13.9 33063
Cross Creek School KG - 12 149 5 33069
Cypress Run Alternative/ESE KG - 12 94 5.2 33069
Igeneration Empowerment Academy of Broward County 06 - 12 147 16.3 33063
Pompano Substance Abuse Treatment 06 - 12 23 33069

Demographics near Margate, FL

Metric City County
Neighborhood Type City Neighborhood
Population 57,045 1,890,416
Population Density 6,513 1,571
Median Age 44.1 40.1
People per Household 2.6 2.8
Median Household Income 43,782 54,895
Average Income per Capita 24,921 30,109