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2644 NW 61st Ave, Margate, Florida 33063

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Active For Sale
$500,000
  • Beds 6
  • Baths 3
  • Sq Ft 1,720 Sqft
  • Visits: 23 in 153 days

Description

No HOA. Current ROI: 8.16% (potential ROI: 9.52%). Great investment property. The property is rented for $4,025 USD/month to a Section 8 tenant (as of February 2024, the government portion is $3,606 USD, the tenant $419 USD). The rent may be increased to $4,883 USD (renewal date: April 30th, 2024). rnThe current management company can be facilitated. Please do not disturb the tenant or knock on the door!rnrnPer previous listing: Roof 2016, A/C 2016, water heater 2017

Features

  • Heating System: Other
  • Cooling System: Central Air, Ceiling Fan(s)
  • Pet Policy: Yes, No Pet Restrictions
  • Parking: Driveway

Appliances

  • Appliances: Dryer, Electric Range, Refrigerator, Washer

Address Map

  • Country: US
  • State: FL
  • County: Broward
  • City: Margate
  • Subdivision: NORTH MARGATE
  • Zipcode: 33063
  • Street: 61st Ave
  • Street Number: 2644
  • Floor Number: 0
  • Longitude: W81° 47′ 36.8”
  • Latitude: N26° 14′ 40.3”
  • Street Dir Prefix: NW
  • MLS Area: 3631

MLS Addon

  • Architectural Style: Detached, One Story
  • Association Fee: $0
  • Carport Spaces: 01/01/1970
  • Close Price: $0
  • Exterior Features: Fence
  • Flooring: Tile
  • Insurance Expense: $0
  • Interior Features: Bedroom On Main Level, First Floor Entry
  • Listing Terms: Cash, Conventional
  • Lot Features: < 1/4 Acre
  • New Taxes Expense: $0
  • Stories: 1
  • Tax Annual Amount: $7,503
  • Tax Year: 2023

Location

Listing Updated: 2024-02-22 02:10:34

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : A11500835
  • Price : $500,000
  • View : Lake
  • Bedrooms : 6
  • Bathrooms : 3
  • Full Bathrooms : 2
  • Half Bathrooms : 1
  • Square Footage : 1,720 Sqft
  • Year Built : 1960
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 153
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