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1241-1251 W River Dr
Margate, FL 33063
Tropical View Apartments Margate · Multifamily Property For Sale
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16 Units
Investment Highlights
- Strong Margate Rental Market
- Tile Flooring Throughout
- Located Just Off Of State Road 441 and Atlantic Boulevard
- Clean, Quiet Lakefront Property
Property Facts
| No. Units | 16 | Building Size | 11,671 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.37/1,000 SF |
| Lot Size | 1.00 AC | ||
| Zoning | R-3 - Multifamily Residential | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 11,671 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.37/1,000 SF |
| Zoning | R-3 - Multifamily Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | 600 |
| 2+1 | 4 | - | 1,118 |
Property Taxes
| Parcel Number | 48-41-25-04-0140 | Improvements Assessment | $2,255,150 |
| Land Assessment | $217,620 | Total Assessment | $2,472,770 |
Property Taxes
Parcel Number
48-41-25-04-0140
Land Assessment
$217,620
Improvements Assessment
$2,255,150
Total Assessment
$2,472,770
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