73 photos
For SaleQuadruplex

400 NW 65, Margate, FL 33063

Margate, FL, 33063

$3,850,000

Listing courtesy of The Real Estate Lab, Inc.

0 ba · 16,969 sq ft

98 days on market Updated Oct 10, 2026

0

Bathrooms

16,969

Square feet

1973

Year built

$227

$ / sq ft

About 400 NW 65, Margate, FL 33063

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

Property

Property Type

Quadruplex

Status

for-sale

Price

$3850000

Interior

Bathrooms

0

Square Feet

16969 sq ft

Exterior & Lot

Year Built

1973

Finance & HOA

Price / sq ft

$227

Original List Price

$3950000

Property Details

Property

ZoningR-3
On marketJul 20, 2026
Property typeResidential Income
Home typeQuadruplex
Living area16,969 sq ft
New constructionNo
Property conditionResale
Number of units total1
List dateJul 20, 2026
Contract status change dateJul 20, 2026
Number of units in community1

Interior

CoolingCentral Air
HeatingCentral, Separate Meters
FlooringConcrete
CoolingYes
HeatingYes
Stories2

Exterior & Lot

RoofOther
PoolPool Sweep
WaterfrontNo
Private poolYes
ConstructionCBS

Finance, Tax & HOA

Tax year2024
PossessionClose Of Escrow
Gross income$236,215
HOAYes
HOA fee$22
Annual taxes$3,267
Original list price$3,950,000
Tax legal descriptionATLANTIC PALMS CONDO UNIT 137 BLDG D PER CDO CIN #107483535
HOA frequencyMonthly

Price & status history

Price: $3,950,000 → $3,850,000Oct 9, 2026

Utilities & Green

SewerPublic Sewer
UtilitiesCable Available

Location

MLS area5940 - Other Florida County
MLS sub-areaNDIX - North Broward Us1 To Dixie Hwy (3311-3342)
SubdivisionATLANTIC PALMS CONDO

Additional Information

Listing termsCash
Parcel number484136AB0660
Structure typeMulti Family
Approval statusYes
Delayed marketingNo

Tours & Media

Virtual tours

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Frequently asked questions

How many bathrooms does this home have?+

This home has 0 bathrooms.

How big is this home?+

This home offers about 16,969 square feet of living space.

How much does this home cost?+

This home is listed at $3850000.

What type of property is this?+

This is a quadruplex listing.

When was this home built?+

This home was built in 1973.

Where is this home located?+

This home is located in Margate, FL.

What is the price per square foot?+

The price works out to about $227 per square foot.

Contact about this property

L

Lily

Mutti Real Estate

FL Lic. #3214903

Listing office contact: 844-299-3499

MLS# A12057227 · Last updated Oct 10, 2026