1005 Country Club Dr #205 · Margate, FL 33063

$86,000

1 bd · 1.0 ba · 760 sqft · Condo public records · 102 Days on market

Built 1974 $422/mo HOA · 26% of rent

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Why this score? — see what drove the B- 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).

• Cash flow +26.1/30.0
• 1% rule +10.0/10.0
• DSCR +8.8/10.0
• ARV discount +7.5/15.0
• Schools +4.1/10.0
• Livability +4.0/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

55+ ACTIVE GOLF COURSE COMMUNITY. 1 BEDROOM 1 BATH SOLD AS IS. VERY CLEAN WITH TILE & WOOD FLOORING, LARGE PORCH WITH WINDOWS. ELEVATOR BLDG. WALK IN CLOSET. SHORT WALK TO POOL AND CLUBHOUSE. CLUBHOUSE HAS FITNESS CENTER, CARD ROOM, LIBRARY, BILLIARD ROOM, LARGE KITCHEN AND AUDITORIUM. 2 HEATED POOLS. WALKING DISTANCE TO SHOPPING, RESTURANTS, PHARMACY AND BANK. CLOSE TO CORAL SPRING MALL. ON SITE MANAGEMENT AND LOTS OF GUEST PARKING. BUILDING AND DEVELOPMENT VERY WELL MAINTAINED. CREDIT SCORE FROM ONLY EQUIFAX MINIMUM OF 725+ AND INCOME OF $40,000 IF MARRIED OR $40,000 PER PERSON IF UNMARRIED. COMMUNITY REQUIRES NO LEASING FIRST TWO YEARS. NO PETS ALLOWED. SEE SHOWING TIME FOR APPT. VACANT ON LOCKBOX.

Key facts

• Laundry room
• Pool
• Impact window

Tags

• GOLF COURSE COMMUNITY
• IMPACT WINDOW
• LAUNDRY ROOM
• POOL

Property features AI

Finance

• Other: Resale condition
• HOA & community: Monthly association fee (HOA) of $422; Association amenities: billiard room, clubhouse, fitness center, pool, storage, trash chute, community room, kitchen facilities, library, security, maintenance; Association fee includes maintenance of grounds and structure, pest control, sewer, trash, water, common areas, elevator, roof repairs, and pool service; Has association; Senior community; Pets not allowed

Exterior

• Parking: Assigned parking; Guest parking
• Security: Security patrol
• Utilities: Public water; Public sewer
• Home design: Condominium; 4-story building; Unit faces north
• Construction: Block/CBS construction
• Exterior features: Second-floor entry

Interior

• Kitchen: Dishwasher; Electric range; Refrigerator; Garbage disposal
• Bedrooms: One bedroom on the main level
• Flooring: Ceramic tile; Vinyl
• Bathrooms: One full bathroom
• Heating & cooling: Central heating (electric); Central individual heating; Central air conditioning (electric)
• Interior features: Walk-in closet(s)
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $86k.

Deal economics

• At list price, monthly cash flow is $64 ($769/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $86k).
• Recommended offer: $78k (9.0% below list) — sets the bar for market timing.
• Cap rate 9.3% 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); 560 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 2,111 units permitted in Broward County in 2024 (1,265 in 5+ unit buildings).
• This rent runs 31% 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 $595 of loan paydown is wiped out by about $3k 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 102 days — a 9% lower offer ($78k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: flood insurance adds $152/mo; HOA is 26% 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 $78,260 (9.0% below list)

Questions for the listing agent

1. It's been on market 102 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. 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?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. 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.
9. 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.
10. 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: 1.89% ✓
• Cap rate: 9.31%
• Cash-on-cash: 10.77%
• DSCR: 1.48
• GRM: 4.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.94% rent growth · sell at horizon

5-year hold

• IRR: -13.1%
• Equity multiple: 0.54×
• Total profit: $-11,161
• Equity at exit: $12,823

10-year hold

• IRR: -6.8%
• Equity multiple: 0.60×
• Total profit: $-9,698
• Equity at exit: $7,436

Cash invested: $24,080 (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.

Methodology + full state rankings →

ZIP-level market 33063

• Home prices YoY: -18.1%
• Rents YoY: 1.9%
• Active inventory: 560
• Price-to-rent: 4.4×

Monthly cashflow live

• Estimated rent: $1,629 high
• Mortgage (P&I): −$451
• Tax from tax record: −$162 /mo · $1,947/yr
• Insurance: −$36
• Flood insurance flood zone: −$152 /mo · $1,824/yr
• HOA: −$422
• Vacancy / Maint / Mgmt: −$342
• Net cashflow: $64

Break-even live

Break-even rent $1,548

Max offer price $86,000

Occupancy floor 91%

Sensitivity live

Price	-10% $113	-5% $88	+0% $64	+5% $40	+10% $15
Rent	-10% $-65	-5% $0	+0% $64	+5% $128	+10% $193
Rate	-1.0pp $107	-0.5pp $86	base $64	+0.5pp $42	+1.0pp $19

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: $21,500
• Closing costs: $2,580
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1005 Country Club Dr Margate, FL	2.0	2.0	925	$1,475	$1.59	23d	2	0.02mi
1005 Country Club Dr Margate, FL	2.0	2.0	925	$1,438	$1.55	0d	2	0.02mi
1025 Country Club Dr #302 Margate, FL	2.0	2.0	920	$1,475	$1.60	25d	1	0.04mi
7895 Margate Blvd #203 Margate, FL	2.0	2.0	1000	$2,000	$2.00	0d	1	0.09mi
1035 Country Club Dr Margate, FL	1.0–2.0	1.0–2.0	925	$1,390	$1.50	25d	2	0.10mi
1030 Country Club Dr #401 Margate, FL	2.0	2.0	930	$1,450	$1.56	20d	1	0.12mi
1030 Country Club Dr #401 Margate, FL	2.0	2.0	930	$1,450	$1.56	6d	1	0.12mi
1030 Country Club Dr #309 Margate, FL	2.0	2.0	1038	$1,450	$1.40	25d	1	0.12mi
1010 Country Club Dr #206 Margate, FL	1.0	1.5	775	$1,450	$1.87	25d	1	0.14mi
1020 NW 80th Ave #203 Margate, FL	2.0	2.0	1000	$1,900	$1.90	14d	1	0.16mi
1020 NW 80th Ave #203 Margate, FL	2.0	2.0	1000	$1,900	$1.90	4d	1	0.16mi
7897 Golf Circle Dr #108 Margate, FL	1.0	1.5	775	$1,450	$1.87	18d	1	0.27mi
7897 Golf Circle Dr Margate, FL	1.0–2.0	1.0–1.5	757	$1,349	$1.78	6d	2	0.28mi
7605 NW 5th Pl #106 Margate, FL	2.0	2.0	990	$1,500	$1.52	25d	1	0.31mi
7600 NW 5th Pl #106 Margate, FL	2.0	2.0	990	$1,600	$1.62	25d	1	0.33mi
7797 Golf Circle Dr Margate, FL	1.0–2.0	1.0–2.0	834	$1,450	$1.74	6d	2	0.34mi
7797 Golf Circle Dr #310 Margate, FL	2.0	2.0	930	$1,800	$1.94	25d	1	0.35mi
7605 NW 5th Ct #204 Margate, FL	1.0	1.0	670	$1,350	$2.01	25d	1	0.35mi
7500 NW 5th Pl #204 Margate, FL	1.0	1.0	670	$1,400	$2.09	25d	1	0.37mi
7500 NW 5th Pl #204 Margate, FL	1.0	1.0	670	$1,400	$2.09	18d	1	0.37mi
7807 Golf Circle Dr Margate, FL	1.0	1.0–1.5	749	$1,575	$2.10	19d	2	0.39mi
7807 Golf Circle Dr Margate, FL	1.0	1.0–1.5	757	$1,525	$2.01	22d	4	0.39mi
7600 NW 4th Pl #207 Margate, FL	2.0	2.0	990	$1,700	$1.72	25d	1	0.40mi
1480 NW 80th Ave #402 Margate, FL	2.0	2.0	1000	$1,875	$1.88	9d	1	0.43mi
7500 NW 4th Pl Margate, FL	2.0	2.0	990	$1,850	$1.87	25d	1	0.44mi
7500 NW 4th Pl Margate, FL	2.0	2.0	990	$1,850	$1.87	4d	1	0.44mi
1045 NW 73rd Ave Margate, FL	2.0	1.0	1036	$2,500	$2.41	25d	1	0.46mi
7305 NW 5th Pl #206 Margate, FL	2.0	2.0	990	$1,650	$1.67	25d	1	0.47mi
1010 NW 72nd Ter Margate, FL	2.0	1.5	1061	$2,200	$2.07	9d	1	0.50mi
1010 NW 72nd Ter Margate, FL	2.0	1.5	1061	$2,250	$2.12	19d	1	0.50mi
7305 NW 5th Ct #204 Margate, FL	1.0	1.0	670	$1,375	$2.05	25d	1	0.51mi
480 NW 76th Ave #105 Margate, FL	1.0	2.0	960	$1,500	$1.56	25d	1	0.51mi
7300 NW 4th Pl #101 Margate, FL	2.0	2.0	990	$1,400	$1.41	21d	1	0.54mi
370 NW 76th Ave #202 Margate, FL	2.0	2.0	1100	$1,950	$1.77	13d	1	0.56mi
7620 NW 18th St #203 Margate, FL	2.0	2.0	1000	$1,650	$1.65	25d	1	0.57mi
7460 NW 18th St #201 Margate, FL	2.0	2.0	1000	$2,100	$2.10	25d	1	0.58mi
7205 W Atlantic Blvd #101 Margate, FL	2.0	2.0	990	$1,500	$1.52	25d	1	0.58mi
1700 NW 80th Ave #108 Margate, FL	2.0	2.0	1000	$1,800	$1.80	25d	1	0.59mi
7420 NW 18th St #203 Margate, FL	2.0	2.0	1000	$1,800	$1.80	25d	1	0.59mi
7320 NW 18th St #204 Margate, FL	2.0	2.0	1000	$1,600	$1.60	25d	1	0.60mi

HOA detail condo

• Monthly dues: $422 · $5,064/yr
• Likely covers: poolgym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 27 events

1. 2026-06-21
   days on market $86,000 Active 102 DOM
2. 2026-06-18
   days on market $86,000 Active 99 DOM
3. 2026-06-17
   days on market $86,000 Active 98 DOM
4. 2026-06-16
   days on market $86,000 Active 97 DOM
5. 2026-06-15
   days on market $86,000 Active 96 DOM
6. 2026-06-13
   days on market $86,000 Active 94 DOM
7. 2026-06-09
   days on market $86,000 Active 90 DOM
8. 2026-06-07
   days on market $86,000 Active 88 DOM
9. 2026-06-04
   days on market $86,000 Active 85 DOM
10. 2026-06-03
    days on market $86,000 Active 84 DOM
11. 2026-06-02
    days on market $86,000 Active 83 DOM
12. 2026-06-01
    days on market $86,000 Active 82 DOM
13. 2026-05-31
    days on market $86,000 Active 81 DOM
14. 2025-09-30
    listed $89,000 Active
15. 2024-08-21
    soldstatus $81,000
16. 2024-03-26
    soldstatus $91,000
17. 2024-03-21
    soldstatus $92,500 Closed 716-char remark

    Show marketing remark (716 chars)

    55+ ACTIVE GOLF COURSE COMMUNITY. 1 BEDROOM 1 BATH SOLD AS IS. VERY CLEAN WITH TILE & WOOD FLOORING, LARGE PORCH WITH WINDOWS. ELEVATOR BLDG. WALK IN CLOSET. SHORT WALK TO POOL AND CLUBHOUSE. CLUBHOUSE HAS FITNESS CENTER, CARD ROOM, LIBRARY, BILLIARD ROOM, LARGE KITCHEN AND AUDITORIUM. 2 HEATED POOLS. WALKING DISTANCE TO SHOPPING, RESTURANTS, PHARMACY AND BANK. CLOSE TO CORAL SPRING MALL. ON SITE MANAGEMENT AND LOTS OF GUEST PARKING. BUILDING AND DEVELOPMENT VERY WELL MAINTAINED. CREDIT SCORE FROM ONLY EQUIFAX MINIMUM OF 725+ AND INCOME OF $40,000 IF MARRIED OR $40,000 PER PERSON IF UNMARRIED. COMMUNITY REQUIRES NO LEASING FIRST TWO YEARS. NO PETS ALLOWED. SEE SHOWING TIME FOR APPT. VACANT ON LOCKBOX.

18. 2024-02-19
    status Active 716-char remark

    Show marketing remark (716 chars)

    55+ ACTIVE GOLF COURSE COMMUNITY. 1 BEDROOM 1 BATH SOLD AS IS. VERY CLEAN WITH TILE & WOOD FLOORING, LARGE PORCH WITH WINDOWS. ELEVATOR BLDG. WALK IN CLOSET. SHORT WALK TO POOL AND CLUBHOUSE. CLUBHOUSE HAS FITNESS CENTER, CARD ROOM, LIBRARY, BILLIARD ROOM, LARGE KITCHEN AND AUDITORIUM. 2 HEATED POOLS. WALKING DISTANCE TO SHOPPING, RESTURANTS, PHARMACY AND BANK. CLOSE TO CORAL SPRING MALL. ON SITE MANAGEMENT AND LOTS OF GUEST PARKING. BUILDING AND DEVELOPMENT VERY WELL MAINTAINED. CREDIT SCORE FROM ONLY EQUIFAX MINIMUM OF 725+ AND INCOME OF $40,000 IF MARRIED OR $40,000 PER PERSON IF UNMARRIED. COMMUNITY REQUIRES NO LEASING FIRST TWO YEARS. NO PETS ALLOWED. SEE SHOWING TIME FOR APPT. VACANT ON LOCKBOX.

19. 2023-12-18
    historical Active Under Contract 716-char remark

    Show marketing remark (716 chars)

    55+ ACTIVE GOLF COURSE COMMUNITY. 1 BEDROOM 1 BATH SOLD AS IS. VERY CLEAN WITH TILE & WOOD FLOORING, LARGE PORCH WITH WINDOWS. ELEVATOR BLDG. WALK IN CLOSET. SHORT WALK TO POOL AND CLUBHOUSE. CLUBHOUSE HAS FITNESS CENTER, CARD ROOM, LIBRARY, BILLIARD ROOM, LARGE KITCHEN AND AUDITORIUM. 2 HEATED POOLS. WALKING DISTANCE TO SHOPPING, RESTURANTS, PHARMACY AND BANK. CLOSE TO CORAL SPRING MALL. ON SITE MANAGEMENT AND LOTS OF GUEST PARKING. BUILDING AND DEVELOPMENT VERY WELL MAINTAINED. CREDIT SCORE FROM ONLY EQUIFAX MINIMUM OF 725+ AND INCOME OF $40,000 IF MARRIED OR $40,000 PER PERSON IF UNMARRIED. COMMUNITY REQUIRES NO LEASING FIRST TWO YEARS. NO PETS ALLOWED. SEE SHOWING TIME FOR APPT. VACANT ON LOCKBOX.

20. 2023-10-20
    status Active 716-char remark

    Show marketing remark (716 chars)

    55+ ACTIVE GOLF COURSE COMMUNITY. 1 BEDROOM 1 BATH SOLD AS IS. VERY CLEAN WITH TILE & WOOD FLOORING, LARGE PORCH WITH WINDOWS. ELEVATOR BLDG. WALK IN CLOSET. SHORT WALK TO POOL AND CLUBHOUSE. CLUBHOUSE HAS FITNESS CENTER, CARD ROOM, LIBRARY, BILLIARD ROOM, LARGE KITCHEN AND AUDITORIUM. 2 HEATED POOLS. WALKING DISTANCE TO SHOPPING, RESTURANTS, PHARMACY AND BANK. CLOSE TO CORAL SPRING MALL. ON SITE MANAGEMENT AND LOTS OF GUEST PARKING. BUILDING AND DEVELOPMENT VERY WELL MAINTAINED. CREDIT SCORE FROM ONLY EQUIFAX MINIMUM OF 725+ AND INCOME OF $40,000 IF MARRIED OR $40,000 PER PERSON IF UNMARRIED. COMMUNITY REQUIRES NO LEASING FIRST TWO YEARS. NO PETS ALLOWED. SEE SHOWING TIME FOR APPT. VACANT ON LOCKBOX.

21. 2023-09-20
    status Pending 716-char remark

    Show marketing remark (716 chars)

    55+ ACTIVE GOLF COURSE COMMUNITY. 1 BEDROOM 1 BATH SOLD AS IS. VERY CLEAN WITH TILE & WOOD FLOORING, LARGE PORCH WITH WINDOWS. ELEVATOR BLDG. WALK IN CLOSET. SHORT WALK TO POOL AND CLUBHOUSE. CLUBHOUSE HAS FITNESS CENTER, CARD ROOM, LIBRARY, BILLIARD ROOM, LARGE KITCHEN AND AUDITORIUM. 2 HEATED POOLS. WALKING DISTANCE TO SHOPPING, RESTURANTS, PHARMACY AND BANK. CLOSE TO CORAL SPRING MALL. ON SITE MANAGEMENT AND LOTS OF GUEST PARKING. BUILDING AND DEVELOPMENT VERY WELL MAINTAINED. CREDIT SCORE FROM ONLY EQUIFAX MINIMUM OF 725+ AND INCOME OF $40,000 IF MARRIED OR $40,000 PER PERSON IF UNMARRIED. COMMUNITY REQUIRES NO LEASING FIRST TWO YEARS. NO PETS ALLOWED. SEE SHOWING TIME FOR APPT. VACANT ON LOCKBOX.

22. 2023-09-06
    status Active 716-char remark

    Show marketing remark (716 chars)

    55+ ACTIVE GOLF COURSE COMMUNITY. 1 BEDROOM 1 BATH SOLD AS IS. VERY CLEAN WITH TILE & WOOD FLOORING, LARGE PORCH WITH WINDOWS. ELEVATOR BLDG. WALK IN CLOSET. SHORT WALK TO POOL AND CLUBHOUSE. CLUBHOUSE HAS FITNESS CENTER, CARD ROOM, LIBRARY, BILLIARD ROOM, LARGE KITCHEN AND AUDITORIUM. 2 HEATED POOLS. WALKING DISTANCE TO SHOPPING, RESTURANTS, PHARMACY AND BANK. CLOSE TO CORAL SPRING MALL. ON SITE MANAGEMENT AND LOTS OF GUEST PARKING. BUILDING AND DEVELOPMENT VERY WELL MAINTAINED. CREDIT SCORE FROM ONLY EQUIFAX MINIMUM OF 725+ AND INCOME OF $40,000 IF MARRIED OR $40,000 PER PERSON IF UNMARRIED. COMMUNITY REQUIRES NO LEASING FIRST TWO YEARS. NO PETS ALLOWED. SEE SHOWING TIME FOR APPT. VACANT ON LOCKBOX.

23. 2023-08-10
    status Pending 716-char remark

    Show marketing remark (716 chars)

    55+ ACTIVE GOLF COURSE COMMUNITY. 1 BEDROOM 1 BATH SOLD AS IS. VERY CLEAN WITH TILE & WOOD FLOORING, LARGE PORCH WITH WINDOWS. ELEVATOR BLDG. WALK IN CLOSET. SHORT WALK TO POOL AND CLUBHOUSE. CLUBHOUSE HAS FITNESS CENTER, CARD ROOM, LIBRARY, BILLIARD ROOM, LARGE KITCHEN AND AUDITORIUM. 2 HEATED POOLS. WALKING DISTANCE TO SHOPPING, RESTURANTS, PHARMACY AND BANK. CLOSE TO CORAL SPRING MALL. ON SITE MANAGEMENT AND LOTS OF GUEST PARKING. BUILDING AND DEVELOPMENT VERY WELL MAINTAINED. CREDIT SCORE FROM ONLY EQUIFAX MINIMUM OF 725+ AND INCOME OF $40,000 IF MARRIED OR $40,000 PER PERSON IF UNMARRIED. COMMUNITY REQUIRES NO LEASING FIRST TWO YEARS. NO PETS ALLOWED. SEE SHOWING TIME FOR APPT. VACANT ON LOCKBOX.

24. 2023-07-17
    listed $95,000 Active 716-char remark

    Show marketing remark (716 chars)

    55+ ACTIVE GOLF COURSE COMMUNITY. 1 BEDROOM 1 BATH SOLD AS IS. VERY CLEAN WITH TILE & WOOD FLOORING, LARGE PORCH WITH WINDOWS. ELEVATOR BLDG. WALK IN CLOSET. SHORT WALK TO POOL AND CLUBHOUSE. CLUBHOUSE HAS FITNESS CENTER, CARD ROOM, LIBRARY, BILLIARD ROOM, LARGE KITCHEN AND AUDITORIUM. 2 HEATED POOLS. WALKING DISTANCE TO SHOPPING, RESTURANTS, PHARMACY AND BANK. CLOSE TO CORAL SPRING MALL. ON SITE MANAGEMENT AND LOTS OF GUEST PARKING. BUILDING AND DEVELOPMENT VERY WELL MAINTAINED. CREDIT SCORE FROM ONLY EQUIFAX MINIMUM OF 725+ AND INCOME OF $40,000 IF MARRIED OR $40,000 PER PERSON IF UNMARRIED. COMMUNITY REQUIRES NO LEASING FIRST TWO YEARS. NO PETS ALLOWED. SEE SHOWING TIME FOR APPT. VACANT ON LOCKBOX.

25. 2016-12-07
    soldstatus $32,500
26. 2000-01-20
    soldstatus $24,900
27. 1999-12-03
    soldstatus $18,300

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $1,947 · $162/mo
• Projected year-2 tax: $1,947 · $162/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone AH · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 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

Taxation est. · year 1

• Rental income: $19,553
• − Mortgage interest: −$4,817
• − Property taxes: −$1,947
• − Insurance: −$2,254
• − Repairs & maintenance: −$1,564
• − Management: −$1,564
• − HOA: −$5,064
• − Depreciation: −$2,502
• Taxable loss: −$160
• Est. tax savings @ 24.0%: +$38
• After-tax cash flow: $808/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.

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

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 · 1,963,430 people
• City population: 55,466
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 55,466
• Household income: $62,918
• Rent vs Own: 26.3% rent · 73.7% own
• Severe rent burden: 2290.0

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
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+386.3% since first listed

14 events — show timeline

• 2025-09-30 Listed $89,000 Beaches MLS
• 2024-08-21 Sold (Public Records) $81,000 Public Records
• 2024-03-26 Sold (Public Records) $91,000 Public Records
• 2024-03-21 Sold (MLS) $92,500 MARMLS
• 2024-02-19 Relisted — MARMLS
• 2023-12-18 Contingent — MARMLS
• 2023-10-20 Relisted — MARMLS
• 2023-09-20 Pending — MARMLS
• 2023-09-06 Relisted — MARMLS
• 2023-08-10 Pending — MARMLS
• 2023-07-17 Listed $95,000 MARMLS
• 2016-12-07 Sold (Public Records) $32,500 Public Records
• 2000-01-20 Sold (Public Records) $24,900 Public Records
• 1999-12-03 Sold (Public Records) $18,300 Public Records

Property tax history

+16.7%/yr

Latest (2025): $1,947 · +14.7% YoY. Source: county tax records.