400 NW 65, Margate, FL 33063
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: yaacov poston
Office: the real estate lab, inc.844-299-3499
MLS#:A12057227
Source:SEFMLS
Price summary
- Price:$3,950,000
- Price per sq. ft.:$232.78
- Monthly HOA dues:$22
About this home
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...
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Home facts
- Year built:1973
- Subdivision & Development:ATLANTIC PALMS CONDO
- Listing ID #:A12057227
- Updated:September 08, 2026 at 10:01 AM
Rooms and interior
- Flooring:Concrete
- Living area:16,969 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1973
- Building area:16,969 sq. ft.
- Architectural Style:Fourplex
- Construction Materials:Block
- Levels:2 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,950,000
- Price per sq. ft.:$232.78
- Tax amount:$3,267 (2024)
Features and amenities
- Pool features:Cleaning System, Pool
Parking
- Total parking spaces:22
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