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Active - Condominium for sale

6501 Winfield Boulevard # 40, Margate FL 33063

1 bd|1 bth|720 sqft

Facts & features

Condominium Property type
197 days on Beycome
1972 Year built
$207 Price/Sqft.
$395/mo HOA

Why you’ll love it

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.

Translating description...

Listings courtesy of Levy Elite Realty Inc.

Listed by: Ben Levy • 754-204-0087 • Levy Elite Realty Inc

Co-listed by: Levy Elite Realty Inc

Source: Miami MLS, MLS#: B26022632 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

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Affordability

$95,000$200,000
1%20%
0%90%
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Estimated monthly payment

$1,393/mo

  • Mortgage$753
  • Property tax$244
  • HOA fee
  • Homeowners insurance
Due at closing$118,455
Down payment held in escrow$29,800
Closing costs$2,235
beycome credit Est.$2,980

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

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Travel times

About Margate Village Phase I Co,Margate Village

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

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

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. 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. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$149,000 Listed price

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