Address
400 Nw 65, Margate, FL
Price
$ 3,950,000
Property Attributes
- MLS#A12057227
- TypeSingle Family
- Listing Status Active
- CountyBroward
- CityMargate
- Area3400
- NeighborhoodATLANTIC PALMS CONDO
- Zip33063
- Style
- Year Built1973
- Taxes$ 3267
- Price$ 3,950,000
- Bedrooms44
- Full Bathrooms25
- Half Bathrooms0
- Sqr Footage16969
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description
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
| Price History | |
|---|---|
| 7/21/2026 | Listed $3,950,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | Central |
| Cooling | CentralAir |
| Utilities | CableAvailable |
| Possession | CloseOfEscrow |
| Roof | Other |
| HOA Fee | 22 |
| Architectural Style | Fourplex |
| Pool Features | CleaningSystem,Pool |
| Construction Materials | Block |
| Year Built | 1973 |
| Stories Count | 2 |
| Levels | Two |
| Property Subtype | Quadruplex |
| Tax Year | 2024 |
| Assoc Fee Paid Per | Monthly |
| County | Broward |
| Property Type | ResidentialIncome |
| Subdivision Name | ATLANTIC PALMS CONDO |
| Rent Includes | CableTv |
| Full Baths | 25 |
| Status | Active |
| City | Margate |
| Zoning Description | R-3 |
| Number Of Units Total | 22 |
| MLS Area | 3400 |
| Lot Size Units | SquareFeet |
| Listing Terms | Cash |
| Year Built Details | Resale |
| Tax Annual Amount | 3267 |
| MLS Area Minor | North Broward Us1 To Dixie Hwy (3311-3342) |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A12057227 |
| Standard Status | Active |
| Occupancy Type | CallAgent |
| Property Sub Type Additional | Quadruplex |
| PostalCity | Margate |
| Legal Description | ATLANTIC PALMS CONDO UNIT 137 BLDG D PER CDO CIN #107483535 |
Interior Features
| Flooring | Concrete |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 44 |
Exterior Features
| Lot Features | LessThanQuarterAcre |
|---|---|
| Total Parking | 22 |
| Building Area Total | 16969 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33063
Price
Taxes
Year Built
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Data Last Updated: September 16, 2026 8:58 AM UTC
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