Margate, FL 33063,5525 N Lakewood Cir N #211
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Margate, FL 33063,5525 N Lakewood Cir N #211
Margate, FL 33063,5525 N Lakewood Cir N #211
Margate, FL 33063,5525 N Lakewood Cir N #211
Margate, FL 33063,5525 N Lakewood Cir N #211

$163,000

Est. payment /mo

$169,990

4.1%
Est.Price: ?

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5525 N Lakewood Cir N #211 Margate, FL 33063

2 Beds

2 Baths

970 SqFt

SOLD DATE : 09/01/2023

Key Details

Sold Price $163,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 970 sqft

Price per Sqft $168

Subdivision Lakewood On The Green Con

MLS Listing ID A11419342

Sold Date 09/01/23

Style Garden Apartment

Bedrooms 2

Full Baths 2

Construction Status Unknown

HOA Fees $558/mo

HOA Y/N Yes

Year Built 1974

Annual Tax Amount $395

Tax Year 2022

Contingent 3rd Party Approval

Property Description

**INVESTORS DREAM-WILL BE RENTED FROM DAY 1—ALL AGES & IMMEDIATE RENTING OK! THIS SPACIOUS 2/2 CORNER CONDO CENTRALLY LOCATED IS AN EXCELLENT INVESTMENT OPPORTUNITY PROPERTY FEATURES LAMINATE FLOORING IN BOTH BEDROOMS, A/C REPLACED IN 2020 AND ALL APPLIANCES ARE UNDER 5 YEARS OLD. PLENTY OF CLOSET SPACE, AN ENCLOSED PATIO WITH PEACEFUL GARDEN VIEWS- ALL IN A LOVELY COMPLEX WITH CLUBHOUSE, HEATED POOL, TENNIS COURTS AND FITNESS CENTER. EACH UNIT HAS ADDITIONAL STORAGE AND LAUNDRY IS ON EACH FLOOR. 2 PETS ALLOWED UP TO 25LBS EACH. SELLER TO LEASE-BACK PROPERTY FROM DATE OF CLOSING AT $1500 P/M FOR ANNUAL LEASE W/ OPTION TO RENEW. IMMEDIATE CASH FLOW AND NO WORK NEEDS TO BE DONE WHILE SELLER OCCUPIES CONDO. RENTAL COMPS ONCE PROPERTY IS REMODELED IS AROUND $2,000 P/M GENERATING A 7% ROI!

Location

State FL

County Broward County

Community Lakewood On The Green Con

Area 3524

Interior

Interior Features First Floor Entry, Other, Pantry, Walk-In Closet(s)

Heating Central

Cooling Central Air, Ceiling Fan(s)

Flooring Carpet, Wood

Window Features Blinds

Appliance Dishwasher, Electric Range, Microwave, Refrigerator

Laundry Common Area

Exterior

Exterior Feature Patio

Pool Association, Heated

Amenities Available Clubhouse, Fitness Center, Laundry, Pool, Storage, Tennis Court(s), Trash

Waterfront No

View Garden

Porch Patio

Parking Type Assigned, Guest, One Space

Garage No

Building

Architectural Style Garden Apartment

Structure Type Block

Construction Status Unknown

Others

Pets Allowed Conditional, Yes

HOA Fee Include Amenities,Common Areas,Cable TV,Maintenance Structure,Roof,Sewer,Trash,Water

Senior Community No

Tax ID 484231AA0110

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Special Listing Condition Listed As-Is

Pets Description Conditional, Yes

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Listed by Cutting Edge Investments & Realty Inc
Bought with Momentum Luxury Real Estate, LLC.

Melissa Carbonell

Broker Associate | License ID: BK3269988

+1(954) 817-2604

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