6501 Winfield Boulevard # 40, Margate FL 33063, MARGATE, FL, 33063
Active97 days on marketListed May 1, 2026MLS #B26022632
About this home
6501 Winfield Boulevard # 40, Margate FL 33063
Investor's dream in the heart of Margate Village! This 1BR/1BA condo (720 sq ft) is currently tenant-occupied at $1,750/month — turnkey income from day one with zero vacancy lag. With HOA dues at just $395/month covering exterior maintenance, insurance, landscaping, water, and access to community amenities, your cash flow stays strong and your management headache stays low. Even better: this community is NOT required to fully fund reserves on structural items — a major advantage in today's South Florida market where many associations are passing massive special assessments and reserve hikes onto owners. The unit features tile flooring throughout (no carpet!), a kitchen with ample cabinetry, a generous walk-in closet, and an enclosed patio with private parking-lot access.
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
720
Sqft
0 ac
Lot size
1972
Year built
1
Levels
$207
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$1,742 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,742/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+30.9%
$/sqft vs Margate actives
$207 vs $175
Days on market
97 vs 76 typical
Where $207/sqft sits among the 400 Margate actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside North Margate
Get to know Margate. See the full Margate guide →
North Margate — neighborhood snapshot
Population
4,374
Median age
46
Median income
$64,388
Median home value
$321,077
Avg household
3
Households w/ children
478
For the school run
Broward County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Margate market
$465K → $338K
Margate median sold, yr/yr
98.8%
Sale-to-list ratio (12 mo)
35 of 400
Margate actives have cut their price
Median sold price, Margate, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 20% above the MARGATE 33063 median. See the full Margate market guide →
Paper trail
This home's history
Reality check
What actually sold near 6501 Winfield Boulevard # 40
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$100,000
5800 Margate Blvd # 8, Margate FL 33063
1 bd · 1 ba · 728 sqft · $137/sqft · 93 DOM
Sold · May ’26$70,000
1005 Country Club Dr # 405, Margate FL 33063
1 bd · 1 ba · 739 sqft · $95/sqft · 185 DOM
Sold · Mar ’26$65,000
7787 Golf Cir Dr # 106, Margate FL 33063
1 bd · 1 ba · 739 sqft · $88/sqft · 93 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 6501 Winfield Boulevard # 40 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 6501 Winfield Boulevard # 40 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
6501 Winfield Boulevard # 40 FAQs
What would the monthly payment be for 6501 Winfield Boulevard # 40, Margate FL 33063?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,742/mo — principal and interest, the actual property-tax bill, the $395/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 6501 Winfield Boulevard # 40, Margate FL 33063?+
The association fee works out to $395 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 6501 Winfield Boulevard # 40, Margate FL 33063?+
The most recent tax bill on record (2025) was $2,932. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 6501 Winfield Boulevard # 40, Margate FL 33063?+
The listing reports pets: No, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Margate?+
At $149,000, this home is listed about 10% below the Margate median of $165,000. The market section on this page shows how the area is trending.
Which schools are assigned to 6501 Winfield Boulevard # 40, Margate FL 33063?+
Margate Elementary School (elementary), Coral Springs High School (high), Margate Middle School (middle) — Broward County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$149,000 runs 20% above the MARGATE 33063 median.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03Strong assigned schools
Margate Elementary School, Coral Springs High School, Margate Middle School — Margate Elementary School rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $160,000, now $149,000 — a $11K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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