Kimberly Forest 691 Kathy Ln Margate, FL 33068
FOR SALE - Active
$1,200,000
$1,300,000
(7.7%)
Studio
Beds
3,773
Sq.Ft.
Overview
- Status: Active
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- Parking No info
- Size: 3,773 ft2/350.52 m2
- Price Per: $318.05 ft2/$3,423.46 m2
- Type: Multifamily
- Built: 1972
- HOA: No info
- MLS Number: A11521137
- View No info
- On Site: 303 days
- Updated: Listing Refreshed: 22 Days Ago
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.
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 10/22/2024 | Price Reduced | $1,200,000.00 | 7.7% | $318.05 ft2/$3,423.46 m2 |
| 01/25/2024 | Listed | $1,300,000.00 | $344.55 ft2/$3,708.74 m2 |
Contact Information
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
This property is courtesy of the Realty One Group Royal Oaks. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.