7305 W Atlantic Blvd Unit 202, Margate, FL, 33063

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7305 W Atlantic Blvd Unit 202, Margate$164,000

Buyer Closing Credits

$1,948^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

Garage1 space

Year Built1973

HeatingCentral

CoolingCentral Air

WaterfrontNone

FireplaceFireplace(s)

ViewGarden

MLS #RX-10983783

StatusActive

About 7305 W Atlantic Blvd Unit 202

Prime Investment Opportunity in an Over 55+ Community! Welcome to a rare gem nestled within the serene ambiance of our exclusive over 55s community. This meticulously maintained condo presents an exceptional investment opportunity, boasting a current tenant and an impressive 10% cap rate of return.Don't miss out on this exceptional opportunity to acquire a lucrative investment property in a highly sought-after over 55s community. Seize the chance to enhance your portfolio and secure your financial future today! Ideal Investment, Exceptional Cap Rate, Desirable Location, Low Maintenance Lifestyle, Active Community!

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Property Details

Property Features

Property Information:

• Year Built: 1973
• Stories: 2
• Living Area: 990 SqFt

Listing Office:

• Office Name: Home Made Real Estate
• Office Phone: (561) 275-6795
• Listing Agent: Blake Anthony Papalia

Interior Features

Interior Information:

• Appliances: Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Electric Water Heater
• Flooring Type: Tile
• Interior: Fireplace(s), Volume Ceiling, Walk-in Closet
• Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: None
• View: Garden
• Exterior: Screen Porch

Parking Information:

• Garage Space: 1 space

Virtual/3D Tour

• Virtual Tour: 7305 W Atlantic Blvd Unit 202

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Utilities

Utilities Information:

• Heating: Central
• Cooling: Central Air

School Info

Assigned Schools Information:

• Coconut Creek High School, Public District Grades 9-12
• Margate Middle School, Public Magnet Grades 6-8
• Atlantic West Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

• List Price: $164,000
• Price Per SqFt: $166/SqFt

HOA Fees:

• Amount: $300
• Frequency: Monthly

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Housing Market Comparison

See how this home compares to others in Margate, FL.

Margate, FL

City

Med. Sold Price

$345K

Med. Price/SqFt

$252

Avg. Days On Market

43

# of Sold Homes

41

7305 W Atlantic Blvd Unit 202 vs Margate

15 DAYS ON ROCKET

-28 Days

$164,000

-$181K Less

$166/SqFt

-$87 Less

KEY TAKEAWAY

This property is $181K less than the Median Sold Price and $87/SqFt less than other homes in Margate, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #RX-10983783

Listing Office:

• Office Name: Home Made Real Estate
• Office Phone: (561) 275-6795
• Listing Agent: Blake Anthony Papalia

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/17/2024, 7:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

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**Disclosures

Rocket Homes›Florida›Broward County›Margate›33063›7305 W Atlantic Blvd Unit 202

This home is located at 7305 W Atlantic Blvd Unit 202 in Margate, FL and zip code 33063 in the Oriole Golf and Tennis Club neighborhood. This 990 square foot home was built in 1973. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $164,000.

In April 2024, from all listings sold in Margate, FL there were more than 6 sold above asking price, over 27 sold below and more than 8 were sold right at the asked price. Between March 2024 and April 2024, Margate, FL real estate market has seen increase in the number of listings by 8.7%. Listings spent 43 days on the market in April 2024, and had a median list price of $345,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.