Golden Palms Apartments
Price Reduced | 24-Unit Value-Add Opportunity | Now Offered at $4.95M
Marketing description
Price Reduced to $4,950,000 – Seller Motivated
Cushman & Wakefield is pleased to present Golden Palms Apartments, a 24-unit, garden-style multifamily community located at 6000 NW 7th Street in Margate, Florida. The property sits on approximately 0.59 acres along State Road 7, one of Broward County’s primary north–south commercial corridors.
Golden Palms benefits from strong surrounding retail density, proximity to major employment centers, and excellent access to regional transportation. The property is located less than one mile from Florida’s Turnpike and is within walking distance of neighborhood parks and local amenities.
Built in 1974, the two-story concrete block property offers a diverse unit mix and has received significant capital improvements, including a new roof, upgraded electrical panels, fresh exterior paint, and interior unit upgrades.
Investment highlights
24-unit multifamily asset in a high-demand Broward County submarket
Concrete block construction with flat roof
Brand new roof recently installed
Strong in-place income with additional upside to market rents
Diverse unit mix: studios, one-bedroom, and two-bedroom units
Interior upgrades including granite countertops, tile flooring, and updated cabinetry
Located along State Road 7 with immediate access to retail, dining, and services
Proximity to major retailers including Walmart, Marshalls, Ross, Starbucks, TD Bank, Wells Fargo, and McDonald’s
Less than one mile from Florida’s Turnpike, providing strong regional connectivity
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