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Provided by South Florida Homes Realty, Inc.

$149,000

6501 WINFIELD BLVD #A40, MARGATE, FL 33063

1 bed1 bath720 sq ftCondo or villaBuilt 1972
Updated today, November 2, 2026

This home against Margate Shores

$207 per sq ft, 6% under the Margate Shores median
185 days on the market
Price cut $11,000 since it was listed at $160,000
$2,933 in property taxes (2025)

Margate Shores today: 18 homes for sale, median list price $160,450.

About this home

Investor's dream in the heart of Margate Village! This 1BR/1BA condo (720 sq ft) is currently tenant-occupied at $1,750/month — turnkey income from day one with zero vacancy lag. With HOA dues at just $395/month covering exterior maintenance, insurance, landscaping, water, and access to community amenities, your cash flow stays strong and your management headache stays low. Even better: this community is NOT required to fully fund reserves on structural items — a major advantage in today's South Florida market where many associations are passing massive special assessments and reserve hikes onto owners. The unit features tile flooring throughout (no carpet!), a kitchen with ample cabinetry, a generous walk-in closet, and an enclosed patio with private parking-lot access.

Near this home

Elementary school: Margate Elementary School, 0.7 mi
Middle school: Somerset Academy Riverside Charter Middle School, 1.2 mi
High school: Coral Springs High School, 1.1 mi
Park: Winfield Park, 0.3 mi
Grocery: Publix, 1 mi

Distances from the center of Margate Shores, MARGATE. Schools are nearest by distance, not an attendance zone.

Listing courtesy of Levy Elite Realty Inc. MLS# B26022632.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed April 30, 2026. Listing provided by South Florida Homes Realty, Inc.

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