5640 SW 3rd Pl

Margate, FL 33068

$110,000

$162/ft²

1Beds

1Baths

680Sq ft

1977Year built

CondoType

About this home

Reduced - Motivated Seller! Spacious sunny 1Bed/1bath unit, fully remodeled - This turn key fully equipped condo has everything you need with modern new furniture and accessories. The kitchen was nicely redone with new cabinets, new appliances and lots of storage. The bathroom was also nicely redone. All tile floors, new electrical panel, recently painted, new AC 2022. Spacious bedroom with large walk-in closet and storage. Beautiful modern and luxury furniture. The screened patio offers a view to the garden and a storage closet. Very well maintained complex with heated pool, shuffleboard, bocce/petanque, Tennis and pickle ball courts, BBQ area, bike storage area, Club House with card and billiard rooms. Active 55+ community with social program during the winter months. Complex went through 50 year certification. The property can be seasonally rented for 3-6 months once a year. Condo is a few steps from the pool and Clubhouse, near shopping and grocery stores, near major highways and a few miles from the airport and the Beach. It offers reasonable condo fees which includes water, sewer, garbage, laundry room and other services ($412/month). If you are planning to stay for a few month or year-round, this apartment is ideally located near all services and offers a great peaceful surroundings with lush vegetation and gardens while being in an active community. No assessments are due.

Features

55+ community

Property details

Listing

MLS #: A11952871
Status: For sale
Listed on: Jan 21, 2026
Days on market: 200 days
Listing data updated: Jul 31, 2026

Interior

Beds: 1
Baths: 1
Living area: 680 ft²
Price per ft²: $162/ft²
Unit: 212

Building & community

Type: Condo
Year built: 1977
HOA fee: $412/mo
County: Broward

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $556
Property taxes (est.): $101
Home insurance (est.): $233
Flood insurance (est.): —
HOA fee: $412

Estimated total$1,302*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?