Premier Brokers International
400 NW 65, Margate, FL 33063
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12057227
$3,850,000

400 NW 65, Margate, FL 33063

Beds
—
Baths
0
Sqft
16,969
Est. payment$22,196/mo
Home type
Quadruplex
Year built
1973
Lot size
—
Price / sqft
$227
HOA
$22/mo
Community
ATLANTIC PALMS CONDO

Property description

22-Unit Investment Portfolio – Atlantic Palms | Margate, FLExceptional 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 BathroomsDiverse mix of 1-, 2-, and 3-bedroom unitsConcrete block construction with central A/CPrime location near Atlantic Blvd., US-441 & Florida's TurnpikeStabilized asset with significant rental upside

Listing activity

Days on market
95
Listed
Jul 21, 2026
MLS listing updated
Oct 10, 2026
Feed last checked
15 minutes ago

Listed by Yaacov Yinon Poston · The Real Estate Lab, Inc.

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0

Rooms & features

Flooring
Concrete

Heating & cooling

Heating
Separate Meters, Central
Cooling
Central Air
Property

Exterior

Stories
2
Building area
16,969 sqft
Pool
Yes
Pool features
Pool Sweep
Waterfront property
No

Lot

Zoning
R-3
Construction

Type & style

Home type
Quadruplex
Structure type
Multi Family
Year built
1973
New construction
No

Materials

Construction
CBS
Roof
Other
Property condition
Resale
Utilities & green energy

Utilities

Sewer
Public Sewer
Utilities
Cable Available
Community & HOA

Community

Subdivision
ATLANTIC PALMS CONDO
MLS area
5940 - Other Florida County
MLS subarea
NDIX - North Broward Us1 To Dixie Hwy (3311-3342)

Association

Has association
Yes
Association fee
$22 monthly
Estimated monthly dues
$22
Lease details

Not reported by the listing source.

Location

Area details

City
Margate
County
Broward
ZIP code
33063
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12057227
Possession
Close Of Escrow
Original list price
$3,950,000
Parcel number
484136AB0660
Annual property tax
$3,267
Tax year
2024
Tax legal description
ATLANTIC PALMS CONDO UNIT 137 BLDG D PER CDO CIN #107483535
Additional MLS details

Reported by the listing source

Association Fee Frequency
Monthly
Association
Yes
Bathrooms Total Decimal
0
Bathrooms Total Integer
0
Building Area Total
16969
Construction Materials
CBS
County Or Parish
Broward
Days On Market
95
List Price
3850000
Listing Contract Date
2026-07-21
Living Area
16969
MLSArea Major
5940 - Other Florida County
MLSArea Minor
NDIX - North Broward Us1 To Dixie Hwy (3311-3342)
Mls Status
Active
On Market Date
2026-07-21
Photos Count
72
Postal Code
33063
Price Change Timestamp
2026-10-10T01:36:57Z
Property Sub Type
Quadruplex
Property Type
Residential Income
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-07-21T04:00:00Z
Stories Total
2
Subdivision Name
ATLANTIC PALMS CONDO
Tax Annual Amount
3267
Pool Private
Yes
Waterfront
No
Financial Information: Estimated Monthly Assoc Recurring Fee
22

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jul 21, 2026ListedMIAMI REALTORS® MLS$3,950,000$233/sqft
Oct 10, 2026Price reducedMIAMI REALTORS® MLS$3,850,000$227/sqft

Public tax history

YearProperty taxesAssessment
2024$3,267—

Payment calculator

Estimated monthly payment$22,196/moIllustrative estimate, not a loan offer.
Principal & interest
$19,977
Property taxes
$272
Insurance
$1,925
Association dues
$22

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

ATLANTIC PALMS CONDO

Margate · Broward County · 33063

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Not reported by the listing source.

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

11 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of The Real Estate Lab, Inc.. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.