6111 NW 20th Ct, Margate, FL 33063

Unbeatable Value or Investment Opportunity in Margate!

This charming 4-bedroom, 2-bathroom single-family home at 6111 NW 20th Ct offers 1,186 sqft of living space on a 7,501 sqft lot and was built in 1964. Priced at a very competitive $340,000, this property is a standout in a market where the median home value in Margate is around $326,421 and the median price for a 4-bedroom home is about $538,000. It’s important to note that a recent listing for this property was at $395,000, and its last recorded sale was in 2019 for $235,000. However, with the current estimated value on some platforms being close to $392,666, this property offers significant potential for a buyer to gain immediate equity. While Margate is currently a buyer’s market, the home’s affordability and spacious layout, combined with the strong rental demand for 4-bedroom homes in the area (with average rents ranging from approximately $3,975 to over $5,000), make this an ideal choice for a homeowner seeking a well-priced residence or an investor looking for a strong cash-flow asset in a desirable community.