House in Margate, Florida 2 bedrooms, 90.58 sq.m. № 1993726

House in Margate, Florida 2 bedrooms, 90.58 sq.m. № 1993726
ID1993726 $ 380 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
1993726

Property description

Prime Investment Opportunity! This single-family residence presents a high-yield opportunity for savvy investors looking to capitalize on the robust Margate rental market. Situated on a generous 7,998 square foot lot, this property offers the ideal footprint for a "buy-and-hold" strategy or a strategic value-add renovation. The home currently features a functional 2-bedroom, 1-bathroom layout. The location is a major draw for long-term equity growth, nestled in a quiet residential pocket with no HOA restrictions, allowing for maximum flexibility in management and leasing. The property is ideally positioned near major South Florida thoroughfares, local parks, and shopping hubs, ensuring low vacancy rates and high tenant demand. Whether you are looking to fix-and-flip in a neighborhood where renovated homes are commanding premium prices or seeking a steady cash-flowing asset to add to your portfolio.
MLS #: A11935605
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CityMargate
Address1624 E River Dr, Margate FL 33063
TypeHouse
Bedrooms2
Living space90.58 m²
  • sq. ft
Completion dateIV quarter, 1959
Parking places1
Price
  • Price
  • per m²
$ 380 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £