400 65 ,Other, Quadruplex, Atlantic Palms Condo for Sale

400 65 for Sale

Price $3,950,000.00

• Lot size 16969
• Year Build 1973
• Waterfront
• Zip 33063
• Style Other
• Parking Description
• Pool Yes Auto Pool Clean
• Status Active

Description

22-Unit Investment Portfolio – Atlantic Palms | Margate, FL Exceptional 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 Bathrooms Diverse mix of 1-, 2-, and 3-bedroom units Concrete block construction with central A/C Prime location near Atlantic Blvd., US-441 & Florida's Turnpike Stabilized asset with significant rental upside

ATLANTIC PALMS CONDO UNIT 137 BLDG D PER CDO CIN #107483535

Less Than 1/4 Acre Lot

22-Unit Investment Portfolio – Atlantic Palms | Margate, FL Exceptional 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 Bathrooms Diverse mix of 1-, 2-, and 3-bedroom units Concrete block construction with central A/C Prime location near Atlantic Blvd., US-441 & Florida's Turnpike Stabilized asset with significant rental upside

City:Margate,Zoning:R-3,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2024,Latitude:26.234132,Cooling Y N:1,Heating Y N:1,List Price:3950000,Listing Id:A12057227,Longitude:-80.2115531,Mls Status:Active,Year Built:1973,Living Area:16969,Postal Code:33063,Street Name:65,Coordinates:1:26.234132,Photos Count:72,Building Name:ATLANTIC PALMS CONDO,Lot Size Units:Square Feet,M I A M I R E_ Area:3400,M L S Area Major:Atlantic Palms Condo,On Market Date:2026-07-21,Parcel Number:484136AB0660,Parking Total:22,Property Type:Residential Income,Stories Total:2,Street Number:400,Association Y N:1,M I A M I R E_ Style:Fourplex,Public Remarks:22-Unit Investment Portfolio – Atlantic Palms | Margate, FL Exceptional 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 Bathrooms Diverse mix of 1-, 2-, and 3-bedroom units Concrete block construction with central A/C Prime location near Atlantic Blvd., US-441 & Florida's Turnpike Stabilized asset with significant rental upside,Structure Type:1:Fourplex,Association Fee:22,County Or Parish:Broward County,Expiration Date:2027-10-31,List Office Name:The Real Estate Lab, Inc.,M I A M I R E_ Pool Y N:1,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:5197,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:ATLANTIC PALMS CONDO,Tax Annual Amount:3267,Unparsed Address:400 NW 65, Margate FL 33063,Listing Agreement:Exclusive Agency,Year Built Details:Resale,Building Area Total:16969,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:232.7774,Original List Price:3950000,Public Survey Range:48,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks:22-Unit Investment Portfolio – Atlantic Palms | Margate, FL Exceptional 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 Bathrooms Diverse mix of 1-, 2-, and 3-bedroom units Concrete block construction with central A/C Prime location near Atlantic Blvd., US-441 & Florida's Turnpike Stabilized asset with significant rental upside,Listing Contract Date:2026-07-21,Originating System I D:miamire,Public Survey Section:36,Showing Instructions:Call Listing Agent,Street Number Numeric:400,Tax Legal Description:ATLANTIC PALMS CONDO UNIT 137 BLDG D PER CDO CIN #107483535,M I A M I R E_ Current Price:3950000,Public Survey Township:48,M I A M I R E_ Total Mortgage:326250,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Adjusted Area S F:16969,M I A M I R E_ Geographic Area:North Broward Us1 To Dixie Hwy (3311-3342),Association Fee Frequency:Monthly,M I A M I R E_ Internet Remarks:22-Unit Investment Portfolio,M I A M I R E_ Parcel Number M L X:0660,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$26.234831$-80.20969$84.99$13.33$1.00$fHN6RHmsPQZg3HqNdJGTtQ,Contract Status Change Date:2026-07-21,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Agent Alternate Phone:305-467-8767,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:400 NW 65,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:232.78,Internet Automated Valuation Display Y N:1,