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Active - Quadruplex for sale

581 KATHY LN, Margate, FL

3,730 sqft

Facts & features

Quadruplex Property type
1532 days on Beycome
1973 Year built
$214 Price/Sqft.

Why you’ll love it

BEAUTIFUL UPDATED FOURPLEX in a good neighborhood in Margate! 2 bedroom 1 bath each unit. Property has central ac throughout, Separate electric meters so tenants pay their own electricity. Owner pays water about $230 monthly and trash $160. New roof 3 years ago, Ac is less then 2 years old, water heater is less then 5 years old wow! New Granite Counter tops and baseboard. New Sprinkler system being installed & a Coin Laundry in the back allows owner to make even more money! Rents are currently below market value but can be increased. Market rent for a 2/1 is currently at $1,800! Potential income is around $87,000 Plus Potential Cap Rate Of 9%+/-.All tenants on month to month lease! Take advantage of this great investment opportunity! This is a perfect find for owner Occupant or Investor!

Translating description...

Listings courtesy of Charles Rutenberg Realty Fort.

Listed by: Kenise Estime • (754) 422-1415 • Charles Rutenberg Realty Fort

Co-listed by: Charles Rutenberg Realty Fort

Source: Beaches MLS, MLS#: F10347321 Beaches MLS logo

Based on info available as of Nov 13, 2026 at 1:32 AM EST.

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Affordability

$520,000$1,080,000
1%20%
0%90%
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Estimated monthly payment

$5,090/mo

  • Mortgage$4,045
  • Property tax$1,045
  • HOA fee
  • Homeowners insurance
Due at closing$636,000
Down payment held in escrow$160,000
Closing costs$12,000
beycome credit Est.$16,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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About Kimberly Forest

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Listing information ©2026 Beaches Multiple Listing Service®. All Rights Reserved. Data Last Updated: Nov 13, 2026 at 01:32am EST.

$800,000 Listed price

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