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

Features
Swimming Pool
Heating System
Cooling System
Architectural Style
Roof:
Other
Sewer
Address Map
State:
FL
County:
Broward
City:
Margate
Zipcode:
33063
Street:
400 Nw 65, Margate, Florida 33063
Longitude:
W81° 47' 24.2''
Latitude:
N26° 14' 7.1''
MLS Addon
Association Fee:
$22
Association Fee Frequency:
Monthly
Building Area:
16,969 Sqft
Construction Materials:
Block
DOM:
3
Flooring:
Concrete
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
484136AB0660
Subdivision Name:
ATLANTIC PALMS CONDO
Tax Annual Amount:
$3,267
Utilities
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Residential Income For Sale

400 Nw 65, Margate, Florida 33063, Margate, Florida 33063

16,969 Sqft
$3,950,000
MLS # #A12057227
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$3,950,000
Square Footage :
16,969 Sqft
Year Built :
1973
MLS # :
A12057227
Property Sub Type :
Quadruplex
Agent info
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