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Investment Opportunity

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1409 NW 58th Avenue Margate FL 33063 MLS #RX-11145312

1409 NW 58th Avenue
Margate, FL, 33063
$625,000
5 Beds
3 Bathrooms
1,852 SqFt
0 Acres
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$625,000
1409 NW 58th Avenue
Margate, FL, 33063
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Project Description

Rare multi-use opportunity in a NO-HOA community!Tax records list this property as a 3BD, but the layout includes: – 4BD / 3BA in the main house- Attached efficiency with private entrance, currently rented for $1,350/month- SOLAR PANELS for added energy efficiencyThe main home features flat ceilings, recessed lighting, crown molding, white tile floors, and a spacious kitchen with extensive cabinetry. A bonus enclosed flex room with a full bath and impact windows & doors adds additional interior living space and provides direct access to the backyard.The fully paved backyard offers easy maintenance and includes a HEATED POOL, jacuzzi, mini outdoor kitchen, storage shed, and full privacy fencing. A circular driveway accommodates multiple vehicles.

Financial

Investment results for buyers and agents

Schools

Middle School:
Margate Middle School
High School:
Coconut Creek High School

Interior

Pets Allowed
Yes

Exterior

Garage Spaces
0.00
Homeowners Assoc
None
Storm Protection: Accordion Shutter
Complete
Storm Protection: Impact Glass
Partial
Total Floors/Stories
1.00

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Quick Information

Property Details

Price:
$625,000
MLS #:
RX-11145312
Status:
Active
Beds:
5
Baths:
3
Type:
Single Family
Subtype:
Single Family Detached
Subdivision:
MARGATE 2ND ADD
Listed Date:
Dec 4, 2025
Finished Sq Ft:
1,852
Year Built:
1963
Combo Tub/shower,mstr Bdrm – GroundMargate 2nd AddMargate Middle SchoolCoconut Creek High School

Profitability of the Property

Net Monthly Income:
Annual Profitability of:

Rental ROI

1409 NW 58th Avenue
Margate, FL