400 Nw 65, Margate, FL

$3,950,000

Previous Next

16,969

Square feet

About 400 Nw 65

22-Unit Investment Portfolio – Atlantic Palms | Margate, FLExceptional opportunity to acquire a 22-unit condominium portfolio within the established Atlantic Palms community in Margate, Florida. This bulk offering includes 22 of the community's 76 units, providing investors with a stabilized, income-producing asset and strong value-add potential.The portfolio consists of 16,969 rentable square feet featuring 42 bedrooms and 25 bathrooms across an attractive unit mix of 3 three-bedroom/two-bath units, 14 two-bedroom/one-bath units, and 5 one-bedroom/one-bath units. All units are equipped with central air conditioning and are built with durable concrete block construction.Ideally located just off Atlantic Boulevard, west of US-441 and less than one mile from Florida's Turnpike, the property offers excellent access to major employment centers, shopping, dining, schools, and public transportation. Nearby retailers include Walmart, Publix, Sedano's, and The Home Depot.With stable in-place income and the potential to increase rents to market levels, this portfolio presents an outstanding investment opportunity in one of Broward County's most desirable rental markets.16,969 SF | 42 Bedrooms | 25 BathroomsDiverse mix of 1-, 2-, and 3-bedroom unitsConcrete block construction with central A/CPrime location near Atlantic Blvd., US-441 & Florida's TurnpikeStabilized asset with significant rental upside

Features of 400 Nw 65

MLS® # A12057227
USD $3,950,000
CAD $5,448,038
CNY 元26,516,745
EUR €3,397,134
GBP £2,916,897
RUB ₽342,276,585
HOA Fees 22
Square Footage 16,969
Year Built 1973
Type Residential
Sub-Type Quadruplex
Status Active
HOPA No Hopa

Community Information

Address 400 Nw 65
Area 5940 - Other Florida County
Subdivision ATLANTIC PALMS CONDO
City Margate
County Broward
State FL
Zip Code 33063

Amenities

Utilities Cable Available
Is Waterfront No
Has Pool Yes
Pool Pool Sweep

Interior

Heating Central, Separate Meters
Cooling Central Air
# of Stories 2

Exterior

Roof Other
Construction CBS

Listing Details

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?