400 NW 65, Margate, FL 33063

New Listing
$3,950,000
Property Type: Residential Income Square Footage: 16,969 Status: Active
Current Price: $3,950,000 List Date: 7/21/2026 Last Modified: 7/21/2026

Overview

Description

22-Unit Investment Portfolio – Atlantic Palms | Margate, FLExceptional 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 ...

Listing Details MLS# A12057227

General Property Information

Number Of Units Total
Yes
Property Sub Type
Quadruplex
Building Area Main
16969
Living Area Main
16969
Adjusted Area Main
16969
Year Built
1973
Parking Total
22
Stories Total
2
Pool Private YN
Yes

Property Features

Documents Available: Rent Rolls Flooring: Concrete Property Condition: Resale Structure Type: Multi Family Construction Materials: CBS Cooling: Central Air Association Type: Condominium Heating: Central; Separate Meters Listing Terms: Cash Pool Features: Pool Sweep Possession: Close Of Escrow Roof: Other Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available Showing Requirements: Call Listing Agent Unit 1 Parking Features: Open Parking

Contract Information

Comp Sale YN
No
Original List Price
3950000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
400
Street Direction Prefix
NW
Street Name
65
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
5197
Postal Zip
33063
Subdivision Name
ATLANTIC PALMS CONDO
Area
5940 - Other Florida County
Geographic Area
NDIX - North Broward Us1 To Dixie Hwy (3311-3342)
Special Assessment YN
No
Parcel Number
484136AB0660
Zoning
R-3
Flood Zone
X

Financial Information

Association YN
Yes
Association Fee
22
Association Fee Frequency
Monthly
Estimated Monthly Assoc Recurring Fee
22
Tax Annual Amount
3267
Tax Year
2024
Tax Legal Description
ATLANTIC PALMS CONDO UNIT 137 BLDG D PER CDO CIN #107483535

Status Change Information

Major Change Timestamp
2026-07-21T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-07-21

More Information

Income and Expenses

Gross Income
236215

Unit 1 Details

Actual Rent
236215
Baths Full
25
Efficiency YN
Yes
SqFt
16969

Unit 1 Lease Description

Currently Leased YN
Yes

Price Calculations

Current Price To SqFt
232.77

Section Details

Parcel Number MLX
0660

Originating Details

Originating System Key
534490134
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Flooring

Concrete
Yes

Property Condition

Resale
Yes

Documents Available

Rent Rolls
Yes

Structure Type

Multi Family
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Heating

Central
Yes
Separate Meters
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes

Pool Features

Pool Sweep
Yes

Roof

Other
Yes

Cooling

Central Air
Yes

Association Type

Condominium
Yes

Showing Requirements

Call Listing Agent
Yes

Tax Information

City/County
Yes

Unit 1 Parking Features

Open Parking
Yes
IDX
Listing Office: The Real Estate Lab, Inc.
Last Updated: July - 21 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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