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 c urrently on a annual lease. Don't wait, seize this chance to own a profitabl income-producing property. Please do not disturb tenants, please call listing agent with any questions.

Request Information
on 691 Kathy Ln
in Margate, FL
Presented by Durani Thakoordyal at
Realty One Group Royal Oaks.


Property MLS #A11521137 from MiamiMLS
▶ Virtual Tour

+ Reveal additional info including schools and tax history

+ Toggle All

+ Bathrooms

Total Bathrooms: 0

+ Heating and Cooling

Cooling Features: CentralAir, CeilingFans
Heating Features: Central
Heating: Yes

+ Interior Features

Flooring: Tile

+ Land Info

Lot Description: Item14Acre

+ Garage and Parking

Parking Total: 1

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Rental Info

Rent Includes: Gardener, Water

+ Other Property Info

Annual Tax Amount: 11498
Source Listing Status: Active
County: Broward County
Directions: Use GPS
Tax Year: 2023
Source Property Type: ResidentialIncome
MLS Area Minor: Tamarac/Snrs/Lderhl (3650-3670;3730-3750;3820-3850
Source Neighborhood: KIMBERLY FOREST
Parcel Number: 494101091735
Postal City: Margate
Postal Code Plus 4: 2438
Subdivision: KIMBERLY FOREST
Zoning Description: R-3
Property Subtype: Quadruplex
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$unknown + $unknown $356,310	$9,624
2021	$unknown + $unknown $323,920	$8,803
2020	$unknown + $unknown $294,480	$8,084
2019	$unknown + $unknown $267,710	$7,670
2018	$unknown + $unknown $243,380	$6,784
2017	$243,190 + $32,750 $275,940	$6,280
2016	$218,470 + $32,750 $251,220	$5,637
2015	$unknown + $unknown $182,870	$5,223
2014	$unknown + $unknown $166,250	$4,857
2013	$unknown + $unknown $151,140	$4,597
2012	$unknown + $unknown $137,400	$4,140
2011	$unknown + $unknown $124,910	$3,870
2010	$unknown + $unknown $149,540	$4,353
2008	$unknown + $unknown $223,390	$7,590
2007	$unknown + $unknown $306,120	$7,253

+ Reveal Property Sale History

Listed 2024-01-25
$1,300,000
MiamiMLS

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Sold 1997-12-12
$137,000
Public Record

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Sold 1988-09-26
$111,500
Public Record

+ Building and Construction

Total Square Feet Living: 3773
Year Built: 1972
Building Area Total: 3773
Construction Materials: Block
Levels: One
Property Age: 52
Roof: Flat, Shingle, Tile
Levels or Stories: 1
House Style: Fourplex
Year Built Details: Effective Year Built
Architectural Style: Fourplex

+ Utilities

Sewer: PublicSewer
CableAvailable

+ Display Complete School Details

Morrow Elementary School is a public elementary school located approximately 0.5 miles away.
Map directions

Silver Lakes Middle School is a public middle school located approximately 0.8 miles away.
Map directions

Coconut Creek High School is a public high school located approximately 2.8 miles away.
Map directions

Grace Christian Preschool is a private elementary school located approximately 0.5 miles away.
Map directions

Abc's of Learning and Growing Inc is a private elementary school located approximately 0.5 miles away.
Map directions