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Sold for $163,000
  • $163,000

    5525 Lakewood Cir N APT 211, Margate, FL 33063

    2beds
    970sqft
    Condominium
    Built in 1974
    -- sqft lot
    $149,900 Zestimate®
    $168/sqft
    $2,040 Estimated rent

    Home value

    $149,900

    $133,000 - $168,000

    $2,040/mo

    Zestimate® history
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    $2,040/mo

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    What's special

    Tennis courtsHeated poolPeaceful garden viewsLaminate flooring
    **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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Mitchell Lvovsky 954-547-1962,

    Cutting Edge Investments & Realty Inc

    Bought with:

    Eric Trinh, 3569187

    Momentum Luxury Real Estate, LLC.

    Source: MIAMI,MLS#: A11419342MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Microwave, Electric Range, Refrigerator
    Features
    • Pantry, Walk-In Closet(s)
    • Flooring: Carpet, Wood
    • Windows: Blinds
    • Common walls with other units/homes: Corner Unit
    Interior area
    • Total structure area: 970
    • Total interior livable area: 970 sqft

    Property

    Parking
    • Parking features: 1 Space, Assigned, Guest
    Features
    • Entry location: First Floor Entry
    • Patio & porch: Patio
    • Exterior features: Exterior Cat Walk, Other
    • Pool features: Association
    • Has view: Yes
    • View description: Garden
    Details
    • Parcel number: 484231AA0110

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • CBS Construction
    Condition
    • Year built: 1974

    Community & HOA

    Community
    • Security: No Security
    • Application fee: $150
    • Subdivision: Lakewood On The Green Con
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse-Clubroom, Laundry, Community Room, Fitness Center, Storage, Pool, Tennis Court(s), Trash
    • HOA fee: $558 monthly
    Location
    • Region: Margate

    Financial & listing details

    • Price per square foot: $168/sqft
    • Tax assessed value: $152,220
    • Annual tax amount: $395
    • Date on market: 7/14/2023
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    9/1/2023Sold$163,000-4.1%$168/sqft
    Source: MIAMI #A11419342 Report a problem
    8/2/2023Pending sale$169,990$175/sqft
    Source: MIAMI #A11419342 Report a problem
    7/19/2023Contingent$169,990$175/sqft
    Source: MIAMI #A11419342 Report a problem
    7/14/2023Listed for sale$169,990+502.5%$175/sqft
    Source: MIAMI #A11419342 Report a problem
    12/1/1985Sold$28,214$29/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,593 +3%$152,220 +3.8%
    2024$3,489 +739.4%$146,700 +385%
    2023$416 +5.2%$30,250 +3%
    2022$395 +4.8%$29,370 +3%
    2021$377 +2.3%$28,520 +1.4%
    2020$368 +3.8%$28,130 +2.3%
    2019$355 $27,500 +1.9%
    2018$355 +3.9%$26,990 +2.1%
    2017$342 +3.3%$26,440 +2.1%
    2016$331 +35.2%$25,900 +0.7%
    2015$245 +3.2%$25,720 +0.8%
    2014$237 $25,520 -22.9%
    2013$237 $33,120 +9.4%
    2012-- $30,280 -2.4%
    2011-- $31,040 +31.2%
    2010$185 -58.5%$23,660 -34.4%
    2009$446 +3.1%$36,090 +0.1%
    2008$433 $36,060
    Find assessor info on the county website

    Neighborhood: 33063

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $149,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $149,900