$3,950,000

Quadruplex In Margate

  • 16,969 Sqft
  • Updated: July 22
  • Source:
    MIAMI REALTORS MLS  MLS#A12057227

About the Property

22-Unit Investment Portfolio – Atlantic Palms | Margate, FL
Exceptional 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
22-Unit Investment Portfolio – Atlantic Palms | Margate, FL
Exceptional 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 Bathrooms
Diverse mix of 1-, 2-, and 3-bedroom units
Concrete block construction with central A/C
Prime location near Atlantic Blvd., US-441 & Florida’s Turnpike
Stabilized asset with significant rental upside
  • Property type

    Other

  • Floors

    2

  • Year built

    1973

  • Price/sqft

    $232

Features

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400 NW 65, Margate, Florida, United States View on Google Maps
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The Real Estate Lab, Inc. - Miami

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The Real Estate Lab, Inc. - Miami
Florida, United States
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13
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2025
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The Real Estate Lab, Inc. - Miami
Miami, Florida, United States
View agency profile
Last updated
July 22
First listed
Jul 22
Listing reference
A12057227
Listing status
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