ActiveMLS® B26022632

$149,000

6501 Winfield Boulevard A-40, Margate, FL 33063

Beds: 1
Baths: 1
Sqft: 720

Est. payment$1,488/mo

Home type: Condominium
Year built: 1972
Lot size: 0 sqft
Price / sqft: $207
HOA: $395/mo
Community: MARGATE VILLAGE PHASE I CONDO

Property description

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 activity

Days on market: 175
Listed: May 1, 2026
MLS listing updated: Jun 2, 2026
Feed last checked: 10 minutes ago

Listed by Ben Levy · Levy Elite Realty Inc

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Bathrooms (decimal): 1
Full bathrooms: 1
Half bathrooms: 0
Main-level bedrooms: 1
Main-level bathrooms: 1

Rooms & features

Rooms: 3
Interior features: Walk-In Closet(s)
Flooring: Ceramic Tile, Tile
Appliances: Range, Electric Cooktop, Cooktop, Dishwasher, Disposal, Electric Range, Microwave, Oven, Refrigerator, Vented Exhaust Fan
Laundry: Common Area
Fireplace: No

Heating & cooling

Heating: Central
Cooling: Ceiling Fan(s), Central Air

Property

Parking

Garage: No
Carport: No
Parking spaces: 1
Covered spaces: 0
Parking features: Asphalt, Assigned, Concrete, Deeded, Guest
Attached garage: No

Exterior

Stories: 2
Building area: 720 sqft
Pool: No
Waterfront property: No

Lot

Lot size: 0 sqft
Lot size (acres): 0 acres
Zoning: R-3

Construction

Type & style

Home type: Condominium
Structure type: Multi Family
Year built: 1972
New construction: No

Materials

Construction: CBS
Roof: Shingle
Property condition: Updated/Remodeled, Resale
Faces: East

Utilities & green energy

Utilities

Sewer: Public Sewer
Water: Public
Utilities: Cable Available, Water Connected

Community & HOA

Community

Subdivision: MARGATE VILLAGE PHASE I CONDO
MLS area: 3631
MLS subarea: NW41 - North Broward 441 To Everglades (3611-3642)
Security: Fire Alarm, Smoke Detector(s)
Pets allowed: No
55+ community: No

Association

Has association: Yes
Association fee: $395 monthly
Estimated monthly dues: $395
Amenities: Pool, Clubhouse, Laundry, Maintained Community, Parking, Spa/Hot Tub
Services included: Pool Service, Common Areas, Maintenance Grounds, Roof Repairs, Sewer, Trash, Water

Lease details

Not reported by the listing source.

Location

Area details

City: Margate
County: Broward
ZIP code: 33063

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: B26022632
Possession: Close Of Escrow
Original list price: $160,000
Parcel number: 484124ab0400
Annual property tax: $2,932.93
Tax year: 2025
Assessed value: $117,170
Tax legal description: MARGATE VILLAGE PHASE I CONDO UNIT 40 BLDG A PER CDO BK/PG: 5311/75
Special listing conditions: Standard

Additional MLS details

Reported by the listing source

Association Amenities: Pool, Clubhouse, Laundry, Maintained Community, Parking, Spa/Hot Tub
Association Fee Frequency: Monthly
Association Fee Includes: Pool Service, Common Areas, Maintenance Grounds, Roof Repairs, Sewer, Trash, Water
Association: Yes
Bathrooms Total Decimal: 1
Bathrooms Total Integer: 1
Building Area Total: 720
Construction Materials: CBS
County Or Parish: Broward
Days On Market: 175
Direction Faces: East
Elementary School: Margate
High School: Coral Springs
Laundry Features: Common Area
List Price: 149000
Listing Contract Date: 2026-05-01
Living Area: 720
Lot Size Acres: 0
Lot Size Area: 0
MLSArea Major: 3631
MLSArea Minor: NW41 - North Broward 441 To Everglades (3611-3642)
Main Level Bathrooms: 1
Main Level Bedrooms: 1
Middle Or Junior School: Margate
Mls Status: Active
On Market Date: 2026-05-01
Parking Total: 1
Photos Count: 16
Postal Code: 33063
Price Change Timestamp: 2026-06-02T23:34:18Z
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 3
Security Features: Fire Alarm, Smoke Detector(s)
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-05-01T12:44:36Z
Stories Total: 2
Subdivision Name: MARGATE VILLAGE PHASE I CONDO
Tax Assessed Value: 117170
Water Source: Public
Tax Annual Amount: 2932.93
Bathrooms Full: 1
Pool Private: No
Bedrooms Total: 1
Waterfront: No
Bathrooms Half: 0
Financial Information: Estimated Monthly Assoc Recurring Fee: 395

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
May 1, 2026	ListedBeachesMLS	$160,000$222/sqft
Jun 2, 2026	Price reducedBeachesMLS	$149,000$207/sqft

Public tax history

Year	Property taxes	Assessment
2025	$2,933	$117,170

Payment calculator

Estimated monthly payment$1,488/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $773
Property taxes: $244
Insurance: $75
Association dues: $395

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

MARGATE VILLAGE PHASE I CONDO

Margate · Broward County · 33063

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

MargateElementary

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MargateMiddle

—

Coral SpringsHigh

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School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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