Days on MarketDOM

35Days | 13%

Active InventoryAI

5,066 Homes | 31%

Median Sales PriceMSP

$640,000 | 11%

New ListingsNL

1,777 Homes | 2%

Closed SalesCS

1,226 Homes | -16%

Dollar VolumeDV

$1.5B | 13%

Months of InventoryMOI

4.4 Months | 38%

Pending SalesCS

1,463 Homes | -8%

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681 Kathy Ln

$725,000 USD

$725,000

3,609 Sqft Disagree?

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681 Kathy Ln

Margate, FL 33068

$725,000

3,609 Sqft

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ECHO FINE PROPERTIES

681 Kathy Ln Property Highlights

MLS# : F10338268
Listing Type : Residential Income
Total Area : 3,663 sqft ($216/sqft)
Year Built : 1972
Days on Market : 666

Status : Closed
Living Area : 3,609 sqft ($219/sqft)
Subdivision : Kimberly Forest 68-31 B
Total Floors : 1

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Property Details

Amazing Find! Updated 4 Plex In The Heart Margate. All Units Are 2 Bedroom 1 Bath With Tile Flooring, Central A/C, Separate Electric & Parking. Large Storage Room Is Currently Rented At $40 A Month & Has Washer /Dryer Hookups For Potential Additional Income With Coin Operated Laundry. Rents Are Below Market And Can Be Increased. Current Gross Income Is $70,680 With Cap Rate 7%+/-. Potential Income Is Around $87,000 Plus Potential Cap Rate Of 9%+/-. Annual Expenses Are $15,489. Expenses Include Taxes: $8,018 Landscaping: $480 Insurance: $2,743 Water: $2760 Trash: $1,488. Projected Net Income: $71,871. Property Is Perfect For Owner Occupant Or Investor. This Is A Must See!

General Information

Total Building Sqft: 3,663

Fees and Taxes

Tax Amount: $8,352

Tax Year: 2021

Tax Year: 2021

Listing Courtesy of Fidelity Real Estate Group LLC.

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Echo Fine Properties, winner of Best Brokerage of the Palm Beaches in 2020, 2021 and 2022, is located in Palm Beach Gardens, Florida. We are a family-owned local brokerage that prides itself on having the finest full time luxury real estate agents who know the area backward and forward. Each agent is hand selected to join us for their knowledge of the area including golf club communities, gated communities, equestrian and ranch estates, condominiums, and waterfront and boating estates. Echo is unique in real estate in that our company pays for all marketing, advertising, and all support which is handled in-house. WE PAY, which lets the agent concentrate on our customers. Unlike other firms, agents never have to compromise the marketing budget. Our Home ECHOnomics Guarantee offers an unheard of 57-promises. This website consists of 5 separate MLS feeds, giving 100% accuracy ranging from Miami to Fort Lauderdale to Palm Beach to Martin County.

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Days on MarketDOM

35Days | 13%

Active InventoryAI

5,066 Homes | 31%

Median Sales PriceMSP

$640,000 | 11%

New ListingsNL

1,777 Homes | 2%

Closed SalesCS

1,226 Homes | -16%

Dollar VolumeDV

$1.5B | 13%

Months of InventoryMOI

4.4 Months | 38%

Pending SalesCS

1,463 Homes | -8%

681 Kathy Ln Property Highlights

Get In-Depth Market Knowledge

Interested in more listings like this?

Property Details

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Fees and Taxes

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A message from the President of Echo Fine properties about COVID-19

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County Statistics YOY Updated April 18, 2024 1:02PM EST

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All stats are year over year

Days on MarketDOM

35Days | 13%

Active InventoryAI

5,066 Homes | 31%

Median Sales PriceMSP

$640,000 | 11%

New ListingsNL

1,777 Homes | 2%

Closed SalesCS

1,226 Homes | -16%

Dollar VolumeDV

$1.5B | 13%

Months of InventoryMOI

4.4 Months | 38%

Pending SalesCS

1,463 Homes | -8%

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681 Kathy Ln Property Highlights

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