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1 Bed Apartment For Sale in Florida | MyProperty Africa

50% below 1-bed median

Apartment in Florida, Roodepoort

Bedrooms1

Bathrooms1

Floor Size36 m²

Living Areas1

1 Bedroom Apartment for sale in Florida Heights CASH ONLY

Low-maintenance investment in Florida Heights, in a popular secure building ideal for tenants. Recently renovated with open-plan kitchen; one bedroom, one bathroom and pre-paid electricity.

Great investment. One bedroom unit in Florida Heights. A great building and a favourite amongst residents and investors. The property can occupy a tenant that pays R4000-00 rental excluding utilities. Pre-paid electricity. There is good security and

The apartment has one bedroom with cupboards. One living area, no balcony, separate bathroom with bath, toilet and basin, open plan kitchen with cabinets. The entire unit was renovated recently.

Levy is R846.73 p.m.

As an investment, the following calculations might surprise you:

17% R.O.I Nett with a R4500-00 rental on a R220 000-00 Cash purchase price.

Make an offer as soon as possible as this one will sell quick.

WE ARE REGISTERED WITH THE PPRA FFC NUMBER 0746087

TRUTS ACCOUNT OPERATIVE

Monthly Costs

Levy

R 847

TotalR 847

* Monthly costs are estimates and should be confirmed with the agent.

Property history

Listed for sale at R195,000

02 Feb 2026

Price increased by 12.8% to R220,000

16 Apr 2026

Smart Property Insights

MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties

Based on 38 listings in Roodepoort (town)

Insight

Priced below the median for similar properties in the area. On a price-per-m² basis, it is 31% below the median. Floor size is 32% smaller than typical for similar homes.

Based on 38 active similar listings — Strong confidence

Similar properties pricing

This homeR 220,000Below range

R 350,000R350kP25

R 440,000R440kMedian

R 495,000R495kP75

R 350,000R350kP25

R 440,000R440kMedian

R 495,000R495kP75

Key differences

Price per m²31% belowGood value

This homeR 6,111/m²

Area medianR 8,889/m²

Based on 34 listings

Floor size32% belowMore compact

This home36 m²

Typical size53 m²

Based on 34 listings

Affordability

R 2,160 / month

Estimated bond repayment

20 years · 10.25% · 0% deposit

Recalculate

Market depth

38 similar listings

Medium similar-home inventory town-wide (Roodepoort)

Median time on market: 134 days

Roodepoort Insights·Florida Insights

* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0

Area Overview

Florida in Roodepoort offers a blend of established residential living with convenient access to amenities and a community-oriented atmosphere, making it appealing to families and individuals alike.