- $3,950,000
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 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 BathroomsDiverse mix of 1-, 2-, and 3-bedroom unitsConcrete block construction with central A/CPrime location near Atlantic Blvd., US-441 & Florida’s TurnpikeStabilized asset with significant rental upside
Address
Open on Google Maps-
Address: 65
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City: Margate
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State/county: Broward
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Zip/Postal Code: 33063
Details
Updated on July 22, 2026 at 2:53 am-
Property ID A12057227
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Price $3,950,000
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Property Size 16969 Sq Ft
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Year Built 1973
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Type Quadruplex
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Property Status Residential Income
Additional details
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AssociationFee 22
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AssociationFeeFrequency Monthly
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BuildingAreaTotal 16969
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CLIP 8650148850
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CommonInterest Condominium
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ConstructionMaterials Block
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ContractStatusChangeDate 2026-07-21
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Cooling Central Air
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CumulativeDaysOnMarket 0
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CurrentPrice 3950000
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DaysOnMarket 0
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DaysOnMarketReplication 0
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DaysOnMarketReplicationDate 2026-07-21
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DaysOnMarketReplicationIncreasingYN 1
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DocumentsAvailable Rent Rolls
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DocumentsCount 0
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Flooring Concrete
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GrossIncome 236215
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Heating Central, Separate Meters
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetEntireListingDisplayYN 1
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ListAOR Miami REALTORS
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ListAgentAOR Miami Association of REALTORS
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ListAgentDirectPhone 305-467-8767
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ListAgentEmail yaacov@trel.miami
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ListAgentFirstName Yaacov
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ListAgentFullName Yaacov Yinon Poston
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ListAgentKey 26768638
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ListAgentKeyNumeric 26768638
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ListAgentLastName Poston
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ListAgentMiddleName Yinon
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ListAgentMlsId SEF3334388
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ListAgentNationalAssociationId 279600500
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ListAgentOfficePhone 844-299-3499
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ListAgentPreferredPhone 305-467-8767
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ListAgentStateLicense 3334388
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ListOfficeAOR Miami Association of REALTORS
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ListOfficeEmail broker@trel.miami
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ListOfficeKey 5903934
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ListOfficeKeyNumeric 5903934
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ListOfficeMlsId SEFRELB01
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ListOfficeName The Real Estate Lab, Inc.
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ListOfficePhone 844-299-3499
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ListingAgreement Exclusive Agency
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ListingContractDate 2026-07-21
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ListingKey 1177732041
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ListingKeyNumeric 1177732041
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ListingTerms Cash
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MLSAreaMajor 5940 - Other Florida County
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MajorChangeTimestamp July 21, 2026 at 12:00am
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MajorChangeType New Listing
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MapCoordinateSource Imported
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MlsStatus Active
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MobileDimUnits Feet
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ModificationTimestamp July 22, 2026 at 12:22am
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NumberOfUnitsInCommunity 1
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NumberOfUnitsTotal 1
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OnMarketDate 2026-07-21
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OnMarketTimestamp 2026-07-21T00:00:00.000-00:00
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OpenHouseModificationTimestamp 2026-07-21T20:19:55.370-00:00
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OriginalEntryTimestamp July 21, 2026 at 04:53pm
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OriginalListPrice 3950000
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OriginatingSystemID M00000151
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OriginatingSystemKey 625953175
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OriginatingSystemListAgentMemberKey 1188935
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OriginatingSystemListOfficeKey 1252588
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OriginatingSystemModificationTimestamp 2026-07-21T20:19:55.370-00:00
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OriginatingSystemName BEACH
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OriginatingSystemSubName BEACH_MIAMI
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ParcelNumber 484136AB0660
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ParkingTotal 22
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Permission IDX
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PhotosChangeTimestamp July 22, 2026 at 12:22am
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PhotosCount 144
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PoolFeatures Pool Sweep
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Possession Close Of Escrow
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PostalCity Margate
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PostalCode 33063
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PostalCodePlus4 5197
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PropertyCondition Resale
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PropertySubTypeAdditional Quadruplex
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Roof Other
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Sewer Public Sewer
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SourceSystemID TRESTLE
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SourceSystemKey 1177732041
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SourceSystemName flexmls
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StateOrProvince FL
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StatusChangeTimestamp July 21, 2026 at 12:00am
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StoriesTotal 2
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StreetDirPrefix NW
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StreetName 65
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StreetNumber 400
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StreetNumberNumeric 400
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StructureType Multi Family
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SubdivisionName ATLANTIC PALMS CONDO
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TaxAnnualAmount 3267
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TaxLegalDescription ATLANTIC PALMS CONDO UNIT 137 BLDG D PER CDO CIN #107483535
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TaxYear 2024
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UniversalPropertyId US-12011-N-484136AB0660-R-N
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Utilities Cable Available
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VideosChangeTimestamp 2026-07-22T00:22:32.277-00:00
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VideosCount 0
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Zoning R-3
Overview
- Quadruplex
- 16969 Sq Ft
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