🏷️ Likely Rental
5800 Margate Blvd #347 · Margate, FL
Flood risk 4/10 · Minor
- FEMA flood zone
- AH
- Chance of flooding over 30 yrs
- 0.22%
- Est. flood insurance / yr
- $1,142 – $2,507
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 9/10 · Severe
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 28 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +15.0/15.0
- Cash flow +12.1/30.0
- 1% rule +8.6/10.0
- Livability +4.0/5.0
- Condition / age +3.8/5.0
- DSCR +3.6/10.0
- Rent growth +3.0/5.0
- Schools +2.8/10.0
- Appreciation +0.0/10.0
$149,000
5800 Margate Blvd #347 · Margate, FL 33063
2 bd · 2.0 ba · 1,100 sqft · Condo
· 196 Days on market
Built 1966
$135/sqft
· 22% below area
Est $190k · 22% under
$602/mo HOA · 30% of rent
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Great LOCATION in Margate this spacious 2-bedroom, 2-bath condo nestled in a well maintained community. Beautiful surrounding areas. Very close to shopping centers, restaurants and parks. The association requires a minimum credit score is 650. Leasing allowed after 3 years of ownership. 40-year certification was completed! Community pool, elevator, recreation area, fitness center, and laundry on-site.
Key facts
- Location in margate
- Fitness center
- Community pool
Tags
Neighborhood map
Sold within
Property
Rental comp
Retail
Costco
Walmart
Transit
Schools
Stadiums
Fortune 500
· Circle radius: 6.0 mi
Loading POIs…
🏷️ Possibly a rental listed for sale. The $149,000 price
doesn't fit this home's estimated sale value (~$189,997)
and the remarks read like a rental — treat the cards below with caution.
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $149k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-186 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $122k (18.1% below list).
- Meets the 1% rule at list price ($2k rent vs $149k).
- Recommended offer: $122k (18.1% below list) — sets the bar for cash-flow.
- Cap rate 6.0% vs local median 4.3% in Margate — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 81/100 on livability (#85 in FL, #1,398 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: amenities F.
- Broward (suburban): math 42% / reading 53% proficiency, ranked #46 of 73 in FL (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Nova Blanche Forman Elementary (math 35% / reading 55%, grade D-, #1,271 of 2,144 statewide, top 60%, 769 students, 72% FRL); Nova Middle School (math 44% / reading 53%, grade C-, #274 of 571 statewide, top 50%, 1,284 students, 68% FRL); Nova High School (math 22% / reading 56%, grade F, #312 of 667 statewide, top 48%, 2,227 students, 59% FRL) — zoned schools average 66% FRL vs 51% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents rising (+1.9%/yr); 840 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 75d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 68% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
- This rent runs 39% of the median local income ($63k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- Broward County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 196 days — a 12% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: flood insurance adds $152/mo; HOA is 30% of rent.
- Climate carrying-cost: in FEMA flood zone AH (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer
$122,104
(18.1% below list)
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 196 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
- Built in 1966 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.36% ✓
- Cap rate
- 6.02%
- Cash-on-cash
- -0.97%
- DSCR
- 0.96
- GRM
- 6.1
CMA / ARV
- ARV (median comp)
- $189,997
- List price
- $149,000
- Delta
- -18.42%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1353 NW 62nd Way | 0.20mi | 3/2.0 (+1) | 1,084 (-2%) | 0mo | $410,000 | $378 | 83 |
| 5800 NW 19th Ct | 0.65mi | 2/2.0 | 1,028 (-6%) | 0mo | $399,900 | $389 | 59 |
| 6925 NW 11th St | 0.80mi | 2/1.5 | 1,141 (+4%) | 0mo | $325,000 | $285 | 57 |
| 2405 Antigua Cir Unit M4 | 1.42mi | 2/2.0 | 1,156 (+5%) | 0mo | $120,000 | $104 | 56 |
| 2402 Antigua Cir Unit H1 | 1.47mi | 2/2.0 | 1,156 (+5%) | 0mo | $179,000 | $155 | 56 |
| 204 E Laurel Dr #1204 | 0.94mi | 2/2.0 | 1,019 (-7%) | 0mo | $161,000 | $158 | 52 |
| 405 N Laurel Dr #206 | 0.94mi | 2/2.0 | 1,019 (-7%) | 1mo | $169,900 | $167 | 52 |
| 2640 NW 67th Ter | 1.32mi | 3/2.0 (+1) | 1,162 (+6%) | 0mo | $455,000 | $392 | 50 |
| 7360 NW 1st St #206 | 1.43mi | 2/2.0 | 990 (-10%) | 0mo | $84,000 | $85 | 48 |
| 266 NW 60th Ave #266 | 0.70mi | 2/2.0 | 825 (-25%) | 0mo | $230,000 | $279 | 42 |
| 1035 Country Club Dr #102 | 1.49mi | 2/2.0 | 930 (-16%) | 0mo | $68,000 | $73 | 40 |
| 725 NW 49th Ave | 0.92mi | 3/2.0 (+1) | 1,289 (+17%) | 0mo | $510,000 | $396 | 35 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 1.94% rent growth · sell at horizon
5-year hold
- IRR
- -27.2%
- Equity multiple
- 0.10×
- Total profit
- $-37,623
- Equity at exit
- $22,216
10-year hold
- IRR
- -31.7%
- Equity multiple
- -0.31×
- Total profit
- $-54,574
- Equity at exit
- $12,883
Cash invested: $41,720 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Florida
- 87 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.
Active competition Active MLS
- For sale now
- 2 active · 2 under contract
- Median asking
- $189,500 ($155/sqft)
- Median days on market
- 151 d
- This list price
- 50% of active listings are priced below it
- ARV vs active asking
- +11.5% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 33063
- Home prices YoY
- -18.1%
- Rents YoY
- 1.9%
- Active inventory
- 840
- Price-to-rent
- 6.1×
Monthly cashflow live
↻
- Estimated rent
- $2,023 high interval (Pro) →
- Mortgage (P&I)
- −$781
- Tax est. 1.5%
- −$186 /mo · $2,235/yr
- Insurance
- −$62
- Flood insurance flood zone
- −$152 /mo · $1,824/yr
- HOA
- −$602
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$425
- Net cashflow
- $-186
Break-even live
Break-even rent
$2,258
Max offer price
$122,104
Occupancy floor
—
Sensitivity live
| Price | -10% $-83 | -5% $-134 | +0% $-186 | +5% $-237 | +10% $-289 |
|---|---|---|---|---|---|
| Rent | -10% $-346 | -5% $-266 | +0% $-186 | +5% $-106 | +10% $-26 |
| Rate | -1.0pp $-111 | -0.5pp $-148 | base $-186 | +0.5pp $-224 | +1.0pp $-264 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $37,250
- Closing costs
- $4,470
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 5800 Margate Blvd Unit 132-1 Margate, FL | 1.0 | 1.0 | 728 | $1,500 | $2.06 | 88d | 1 | 0.03mi |
| 5800 Margate Blvd Unit 411-4 Margate, FL | 1.0 | 1.0 | 728 | $1,650 | $2.27 | 120d | 1 | 0.03mi |
| 5800 Margate Blvd Unit 521-5 Margate, FL | 1.0 | 1.0 | 800 | $1,700 | $2.12 | 120d | 1 | 0.03mi |
| 1128 W River Dr Margate, FL | 2.0 | 2.0 | 1123 | $2,500 | $2.23 | 10d | 1 | 0.25mi |
| 1404 NW 58th Ave Margate, FL | 3.0 | 1.0 | 1176 | $2,445 | $2.08 | 20d | 1 | 0.26mi |
| 1141 W River Dr Margate, FL | 2.0 | 2.0 | 1100 | $1,800 | $1.64 | 118d | 1 | 0.27mi |
| 6095 NW 8th St Margate, FL | 2.0 | 2.0 | 1100 | $2,250 | $2.05 | 34d | 1 | 0.30mi |
| 6095 NW 8th St Margate, FL | 2.0 | 2.0 | 1100 | $2,250 | $2.05 | 35d | 1 | 0.30mi |
| 1505 NW 58th Ave Unit 1505 Margate, FL | 3.0 | 1.0 | 959 | $2,680 | $2.79 | 98d | 1 | 0.32mi |
| 6000 NW 7th St Margate, FL | 2.0 | 1.0 | 885 | $1,895 | $2.14 | 83d | 1 | 0.39mi |
| 5750 Lakeside Dr Margate, FL | 1.0–3.0 | 1.0–2.0 | 862 | $2,214 | $2.57 | 0d | 18 | 0.40mi |
| 1363 NW 66th Ave Margate, FL | 3.0 | 1.5 | 1260 | $2,500 | $1.98 | 120d | 1 | 0.50mi |
| 639 Banks Rd Margate, FL | 2.0 | 2.0 | 1092 | $2,600 | $2.38 | 84d | 1 | 0.50mi |
| 6101 NW 18th St Margate, FL | 2.0 | 1.0 | 1060 | $2,500 | $2.36 | 78d | 1 | 0.50mi |
| 400 NW 65th Ave Margate, FL | 2.0–3.0 | 1.0–2.0 | 920 | $1,850 | $2.01 | 5d | 4 | 0.62mi |
| 400 NW 65th Ave Margate, FL | 1.0–3.0 | 1.0–2.0 | 815 | $2,100 | $2.57 | 75d | 5 | 0.62mi |
| 400 NW 65th Ave Margate, FL | 1.0–3.0 | 1.0–2.0 | 706 | $1,900 | $2.69 | 118d | 4 | 0.62mi |
| 400 NW 65th Ave Margate, FL | 2.0–3.0 | 1.0–2.0 | 880 | $1,850 | $2.10 | 69d | 4 | 0.62mi |
| 400 NW 65th Ave Margate, FL | 2.0–3.0 | 1.0–2.0 | 920 | $1,690 | $1.84 | 20d | 5 | 0.62mi |
| 5545 Lakewood Cir N #425 Margate, FL | 2.0 | 2.0 | 970 | $2,000 | $2.06 | 12d | 1 | 0.67mi |
| 5215 Coconut Creek Pkwy Margate, FL | 1.0–3.0 | 1.0–2.0 | 916 | $2,598 | $2.83 | 1d | 84 | 0.68mi |
| 5525 Lakewood Cir N #215 Margate, FL | 2.0 | 2.0 | 970 | $1,950 | $2.01 | 79d | 1 | 0.70mi |
| 5515 Lakewood Cir N #124 Margate, FL | 2.0 | 2.0 | 1020 | $1,850 | $1.81 | 36d | 1 | 0.71mi |
| 6570 Royal Palm Blvd Unit 206J Margate, FL | 2.0 | 2.0 | 970 | $1,800 | $1.86 | 99d | 1 | 0.73mi |
| 1620 NW 68th Ter Margate, FL | 2.0 | 2.0 | 1400 | $2,000 | $1.43 | 49d | 1 | 0.75mi |
| 511 Banks Rd Unit 3 Margate, FL | 2.0 | 1.0 | 840 | $1,795 | $2.14 | 4d | 1 | 0.75mi |
| 6550 Royal Palm Blvd Unit 304A Margate, FL | 1.0 | 1.5 | 720 | $1,500 | $2.08 | 38d | 1 | 0.75mi |
| 6575 NW 3rd St Margate, FL | 3.0 | 2.0 | 1491 | $3,000 | $2.01 | 85d | 1 | 0.76mi |
| 491 Banks Rd #2 Margate, FL | 2.0 | 1.0 | 840 | $1,850 | $2.20 | 4d | 1 | 0.77mi |
| 142 NW 60th Ave Unit 6-2 Margate, FL | 2.0 | 2.0 | 825 | $1,790 | $2.17 | 83d | 1 | 0.78mi |
| 142 NW 60th Ave Unit 6-2 Margate, FL | 2.0 | 2.0 | 825 | $1,850 | $2.24 | 120d | 1 | 0.78mi |
| 142 NW 60th Ave Unit 6-2 Margate, FL | 2.0 | 2.0 | 825 | $1,770 | $2.15 | 50d | 1 | 0.78mi |
| 6670 Royal Palm Blvd Unit 206K Margate, FL | 1.0 | 1.5 | 720 | $1,300 | $1.81 | 6d | 1 | 0.78mi |
| 6670 Royal Palm Blvd Unit 205K Margate, FL | 1.0 | 1.5 | 720 | $1,250 | $1.74 | 75d | 1 | 0.78mi |
| 6670 Royal Palm Blvd Unit 206K Margate, FL | 1.0 | 1.5 | 720 | $1,450 | $2.01 | 120d | 1 | 0.78mi |
| 481 Banks Rd Unit 5 Margate, FL | 2.0 | 1.0 | 840 | $1,795 | $2.14 | 4d | 1 | 0.79mi |
| 6670 Royal Palm Blvd Margate, FL | 1.0 | 1.5 | 720 | $1,325 | $1.84 | 75d | 2 | 0.79mi |
| 114 NW 60th Ave Unit 3-1 Margate, FL | 2.0 | 2.0 | 825 | $1,850 | $2.24 | 20d | 1 | 0.80mi |
| 1806 NW 68th Ave Margate, FL | 3.0 | 1.0 | 1493 | $3,100 | $2.08 | 3d | 1 | 0.80mi |
| 6650 Royal Palm Blvd Unit 315C Margate, FL | 2.0 | 2.0 | 1100 | $1,700 | $1.55 | 81d | 1 | 0.82mi |
Property features AI
Finance
- Other
- Pets allowed (size limit applies)
- HOA & community
- Monthly association fee of $602Community amenities: clubhouse, parking, poolAssociation fee covers insurance, grounds and structure maintenance, sewer, trash, water, common areas, reserve funds, recreation facility, and pool service
Exterior
- Parking
- Assigned parkingGuest parking
- Utilities
- Water included in associationSewer included in associationTrash service included in associationPower (electric)
- Home design
- CondominiumResale conditionFaces west4-story building
- Construction
- CBS construction
- Exterior features
- Screened porch
Interior
- Kitchen
- DishwasherElectric rangeRefrigerator
- Bedrooms
- 2 bedrooms on the main level
- Flooring
- Ceramic tileLaminate
- Bathrooms
- 2 full bathrooms on the main level
- Heating & cooling
- Electric heatingCentral airCeiling fans
- Interior features
- Walk-in closetsSplit bedroom layout
HOA detail $602/mo · $7,224/yr condo
- Likely covers
- poolgym
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-09-23days on market $149,000 Active 196 DOM
-
2026-09-22days on market $149,000 Active 195 DOM
-
2026-09-20days on market $149,000 Active 193 DOM
-
2026-09-18pricedays on market $149,000 Active 191 DOM
-
2026-09-17days on market $155,000 Active 190 DOM
-
2026-09-16days on market $155,000 Active 189 DOM
-
2026-09-15days on market $155,000 Active 188 DOM
-
2026-09-14days on market $155,000 Active 187 DOM
-
2026-09-13days on market $155,000 Active 186 DOM
-
2026-09-12days on market $155,000 Active 185 DOM
-
2026-09-11days on market $155,000 Active 184 DOM
-
2026-09-05days on market $155,000 Active 178 DOM
-
2026-09-04days on market $155,000 Active 177 DOM
-
2026-08-31days on market $155,000 Active 173 DOM
-
2026-08-29days on market $155,000 Active 171 DOM
-
2026-08-28days on market $155,000 Active 170 DOM
-
2026-08-27days on market $155,000 Active 169 DOM
-
2026-08-25days on market $155,000 Active 167 DOM
-
2026-08-24days on market $155,000 Active 166 DOM
-
2026-08-23days on market $155,000 Active 165 DOM
-
2026-08-22days on market $155,000 Active 164 DOM
-
2026-08-21days on market $155,000 Active 163 DOM
-
2026-08-20days on market $155,000 Active 162 DOM
-
2026-08-19days on market $155,000 Active 161 DOM
-
2026-08-18days on market $155,000 Active 160 DOM
-
2026-08-16days on market $155,000 Active 158 DOM
-
2026-08-15days on market $155,000 Active 157 DOM
-
2026-08-14days on market $155,000 Active 156 DOM
-
2026-08-13days on market $155,000 Active 155 DOM
-
2026-08-12days on market $155,000 Active 154 DOM
-
2026-08-11days on market $155,000 Active 153 DOM
-
2026-08-10days on market $155,000 Active 152 DOM
-
2026-08-09days on market $155,000 Active 151 DOM
-
2026-08-08days on market $155,000 Active 150 DOM
-
2026-08-06days on market $155,000 Active 148 DOM
-
2026-08-05days on market $155,000 Active 147 DOM
-
2026-08-03days on market $155,000 Active 145 DOM
-
2026-07-31days on market $155,000 Active 142 DOM
-
2026-07-28days on market $155,000 Active 139 DOM
-
2026-07-24days on market $155,000 Active 135 DOM
-
2026-07-23days on market $155,000 Active 134 DOM
-
2026-07-22days on market $155,000 Active 133 DOM
-
2026-07-21days on market $155,000 Active 132 DOM
-
2026-07-20days on market $155,000 Active 131 DOM
-
2026-07-16days on market $155,000 Active 127 DOM
-
2026-07-15days on market $155,000 Active 126 DOM
-
2026-07-14days on market $155,000 Active 125 DOM
-
2026-07-13days on market $155,000 Active 124 DOM
-
2026-07-13days on market $155,000 Active 123 DOM
-
2026-07-11days on market $155,000 Active 122 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 4/10 Moderate FEMA zone AH · 22% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 9/10 Extreme 7 d/yr ≥106°F today · 28 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $24,272
- − Mortgage interest
- −$8,346
- − Property taxes
- −$2,235
- − Insurance
- −$2,570
- − Repairs & maintenance
- −$1,942
- − Management
- −$1,942
- − HOA
- −$7,224
- − Depreciation
- −$4,335
- Taxable loss
- −$4,321
combined federal + state — saved on this device
- Est. tax savings @ 24.0%
- +$1,037
- After-tax cash flow
- $-1,193/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 0 photos
75/100
Cosmetic rehab
Est. rehab $5,500–$16,500 screening
This townhouse in Margate is in good condition with minor repairs needed. Painting, updating fixtures, and new flooring can significantly enhance its value for both resale and rental.
Repairs flagged
- Minor Kitchen cabinets — Slight wear and tear
- Minor Bathroom fixtures — Some wear and tear
- Minor Flooring — Some wear and tear
Value-add opportunities
- Both Painting and updating fixtures — Fresh paint and updated fixtures can enhance both resale and rental value ↑
- Both New flooring — New flooring can significantly improve the home's appearance and value ↑
- Both Landscaping improvements — Enhanced landscaping can boost curb appeal and attract more potential buyers/renters ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
F
Composite school gradezoned avg 28/100
Zoned Schools
Elementary
Atlantic West Elementary School
F
FL #1,697/2,144
Nat'l #22,904/41,679
Middle
Margate Middle School
F
FL #469/571
Nat'l #9,020/14,009
High
Coconut Creek High School
F
FL #562/667
Nat'l #14,491/17,239
Schools (NCES district)
- District
- Broward
- NCES district ID
- 1200180
- Math proficiency
- 42% ▼ -18.00%
- Reading proficiency
- 53% ▼ -5.00%
- Median HH income
- $52,139
- Composite
- 40.88/100
- National rank
- #3621
- State rank
- #46 of 73 in FL
A
Composite livability gradescore 81/100
Livability — Margate
- Score
- 81/100
- State rank
- #85
- US rank
- #1398
Category grades
Amenities F
Commute A+
Cost of living A-
Crime B-
Employment C
Housing A+
Health & safety A+
User ratings A
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Margate, FL
- County
- Broward County · 2,207,033 people
- City population
- 55,466
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 55,466
- Household income
- $62,918
- Rent vs Own
- Severe rent burden
- 20% of renters
Population outlook (Broward County) Hauer SSP2
- Today (2025)
- 2,207,033 people
- By 2030
- 2,360,704 · +7.0%
- By 2040
- 2,661,208 · +20.6%
- By 2050
- 2,946,698 · +33.5%
- By 2075
- 3,602,273 · +63.2%
- By 2100
- 3,970,984 · +79.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Highly diverse neighborhood (Simpson 0.72)
- Race & ethnicity
- White 34% Hispanic / Latino 29% Black 28% Two or more races 18% Asian 4%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 7% Cuban 3% Dominican 3%
- Common ancestry
- Hispanic 6% Romanian 2% Estonian 2%
- Foreign-born
- 36% · Canada, Jamaica, Vietnam
- Languages at home
- 61% English-only · Spanish 24% French/Haitian/Cajun 7% Other Indo-European 4%
Political lean MEDSL · Broward
- 2024 margin
- D (+17.0) · D 58.0% · R 41.0%
- 2008→2024 swing
- -17.8pp toward R · 2008: 34.7pp · 2024: 17.0pp
- All cycles
- 2024: D+17.0 2020: D+29.8 2016: D+35.0 2012: D+34.9 2008: D+34.7
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -87.17%
- Current HPI
- 393.9225
- Rent YoY
- ▲ 1.94%
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- State GDP YoY
- ▲ 3.28%
- F500 in state
- 36
Industry mix (Fortune 500 HQ in FL)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Industrial Technology | 2 | $29B |
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
1 event — show timeline
- 2026-01-10 Listed $155,000 Beaches MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…