691 Kathy Ln Margate, FL $ 1,300,000
691 Kathy Ln
$ 1,300,000
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691 Kathy Ln

Margate, FL, 33068
$ 1,300,000
Bedrooms20 Baths10.0 Sq 3,773

Monthly Estimate*

$ 8,640

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Multi-Family Home for sale in Margate, FL

for $1,300,000 with 20 bedrooms and 10 full baths. This 3,773 square foot home was built in 1972.

Don't miss out on this incredible opportunity! This Fourplex in Margate offers a corner unit and is being sold as is, making it perfect for investors. With separate electric meters and a proven track record of generating income, this property is a cash cow. The current rent in the area can reach $2000, ensuring a steady stream of revenue. The roof was replaced in 2005, and each unit boasts a comfortable 2 bedrooms and 1 bathroom, complete with central AC. Owner pays for water roughly $230 monthly and trash $160. Tenants are currently on a annual lease. Don't wait, seize this chance to own a profitable income-producing property! Please do not disturb tenants, please call listing agent with any questions.

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Multi-Family Active

Price

$ 1,300,000

Bedrooms

20

Full Bath

10

Property Type

Multi-Family

Taxes

$ 11,498

Style

Fourplex

Year Built

1972

Town/City

Margate

County/Region

Broward

MLS | Web ID

A11521137

Features
General
Sewer PublicSewer
Heating Central
Cooling CentralAir CeilingFans
Utilities CableAvailable
Possession ClosingFunding
Roof Flat Shingle Tile
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1972
Stories 1
Levels One
Property SubType Quadruplex
Tax Year 2023
County Broward County
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name KIMBERLY FOREST
Garage Y/N N
Rent Includes Gardener Water
Status Active
Directions Use GPS
City Margate
View Y/N N
Senior Community Y/N N
Zoning Description R-3
MLS Area 3730
Lot Size Units SquareFeet
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Kathy Ln
Listing Terms Cash Conventional FHA
Property Attached Y/N N
Year Built Details Effective Year Built
Land Lease Y/N N
Tax Annual Amount 11498.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Tamarac/Snrs/Lderhl (3650-3670;3730-3750;3820-3850
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11521137
Days on Market 126
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Quadruplex
Legal Description KIMBERLY FOREST 68-31 B PT OF TR B DESC AS BEG SW COR OF TR B NLY 72.00 ELY 150 SLY ALG E/L OF TR B 49.88 TO P/C SLY SWLY & WLY ALG CUR 39.
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Interior
Flooring Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Lot Features Item14Acre
Total Parking 1.0
Spa N
Building Area Total 3773.0
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 691
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* Excluded Features
List By
Realty One Group Royal Oaks

Broker

durani.dyal@gmail.com

Email

Affordability Calculator

$9,598
Per Month
90%
10%
0%
Monthly Principal & Interest
$8,640
Monthly Property Taxes
$958
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/25/2024$1,300,000 Listed Price

Map


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691 Kathy Ln, Margate, FL, 33068 is a Multi-Family Home for sale at $1,300,000 with 3,773 sqft. 691 Kathy Ln has 20 bedrooms, 10.0 baths, and was built in 1972. The property's zip code is 33068 which is in Margate, FL