NOT LISTED FOR SALE

1040 SW 50th Ave Margate, FL 33068

Margate Estates Neighborhood

Estimated Value: $460,000 - $578,000

4 Beds
2 Baths
1,805 Sq Ft
$286/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2014

Last sale price $180,000 $100 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $3,747 / mo

Highlights

  • Waterfront
  • Ceramic Tile Flooring
  • 2 Car Garage
  • Walk-In Closet
  • Central Heating and Cooling System
  • East Facing Home

About This Home

As of July 2023

This home is located at 1040 SW 50th Ave, Margate, FL 33068 since 01 June 2023 and is currently priced at $515,497. This property was built in 1985. 1040 SW 50th Ave is a home located in Broward County with nearby schools including Liberty Elementary School, Margate Middle School, and Coconut Creek High School.

Last Agent to Rent the Property

Francklin Myrthil

Property Expo Center Inc. License #3169960 Listed on: 06/01/2023

Last Renter's Agent

Shirley Julien

Guild Real Estate Services License #3528977

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • Waterfront
  • East Facing Home
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,805 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Palm Aire At Coconut Creek Sec 1 Subdivision

Listing and Financial Details

  • Property Available on 6/1/23
  • Tenant pays for electricity, sewer, water
  • Assessor Parcel Number 494206190050

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0 Sq Ft Lot

Parking

2

Rental Info

  • Tenant Pays: Electricity, Sewer, Water
  • Available Date: 2023-06-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: STATE ROAD 7 SOUTH TO KIMBERLEY.
  • Year Built: 1985
  • Entry Level: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: None, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Concrete, Ceramic Tile, Tile
  • Living Area: 1805.0
  • Stories: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Private: No
  • Waterfront: Yes
  • Direction Faces: East

Garage/Parking

  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage, Garage Door Opener

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Pets Allowed: Pet Restrictions, Yes

Lot Info

  • Parcel #: 494206190050
  • Land Lease Amount Frequency: Monthly
  • Mobile Dim Units: Feet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2025
Sold by
Bought by
Current Estimated Value
$515,497

Purchase Details

Listed on
Oct 29, 2013
Closed on
May 1, 2014
Sold by
Bought by
Seller's Agent
Richard Frost
Frost & Associates Inc
Buyer's Agent
Francklin Myrthil
Property Expo Center Inc.
List Price
$199,900
Sold Price
$180,000
Premium/Discount to List
-$19,900
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%
Original Mortgage
$137,362
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2013
Sold by
Bought by

Purchase Details

Closed on
Mar 19, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 1995
Sold by
Bought by

Purchase Details

Closed on
May 1, 1985
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Margate Estates, FL

  • Denise Parrish-Gonzalez Real Estate Agent - NextHome with Prosperity

    Denise Parrish-Gonzalez

    NextHome with Prosperity

    (844) 759-6788

    45 Total Sales

    2 in Margate Estates

    $450,000 Price Range

    Denise Parrish-Gonzalez
     Section Image
  • Jesse Pan Real Estate Agent - Coldwell Banker Realty

    Jesse Pan

    Coldwell Banker Realty

    (561) 678-3919

    136 Total Sales

    1 in Margate Estates

    $360,000 Price

    Jesse Pan
     Section Image
  • Barbara Savalli Real Estate Agent - BHHS EWM Realty

    Barbara Savalli

    Responds Quickly

    BHHS EWM Realty

    (786) 670-9052

    45 Total Sales

    1 in Margate Estates

    $599,000 Price

    Barbara Savalli
     Section Image
  • Gloria Heck Real Estate Agent - RE/MAX Direct

    Gloria Heck

    RE/MAX Direct

    (754) 212-8524

    78 Total Sales

    4 in Margate Estates

    $415K - $535K Price Range

    Gloria Heck
     Section Image
  • Stephen Greenidge Real Estate Agent - Samson Companies, LLC

    Stephen Greenidge

    Samson Companies, LLC

    (954) 569-3777

    57 Total Sales

    1 in Margate Estates

    $260,000 Price

    Stephen Greenidge
     Section Image
  • Louise Daigle Real Estate Agent - Florida Homes Realty & Mortgag

    Louise Daigle

    Florida Homes Realty & Mortgag

    (888) 378-5019

    9 Total Sales

    1 in Margate Estates

    $67,000 Price

    Louise Daigle
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$180,000 Title & Abstract Agency Of A
$151,300 None Available
$265,000 International Land Title & E
-- --
$57,214 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $137,362
Previous Owner $251,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2023 07/19/23 Rented $3,800 0.0% --
06/01/2023 06/01/23 For Rent $3,800 +8.6% --
06/20/2022 06/20/22 For Rent $3,500 0.0% --
06/20/2022 06/20/22 Rented $3,500 0.0% --
05/01/2014 05/01/14 Sold $180,000 -10.0% $100 / Sq Ft View Prior Sale
04/01/2014 04/01/14 Pending -- -- --
10/29/2013 10/29/13 For Sale $199,900 -- $111 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $11,040 $505,930 $91,590 $414,340
2025 $10,618 $474,680 $41,630 $433,050
2024 $9,961 $474,680 $41,630 $433,050
2023 $9,961 $438,640 $41,630 $397,010
2022 $3,530 $191,280 $0 $0
2021 $3,431 $185,710 $0 $0
2020 $3,372 $183,150 $0 $0
2019 $3,308 $179,040 $0 $0
2018 $3,104 $175,710 $0 $0
2017 $3,070 $172,100 $0 $0
2016 $2,986 $168,570 $0 $0
2015 $3,063 $167,400 $0 $0
2014 $5,512 $230,160 $0 $0
2013 -- $210,910 $33,300 $177,610
Source: Public Records

Agents Affiliated with this Home

  • F

    Landlord's Agent in 2023

    Francklin Myrthil

    Property Expo Center Inc.

    (561) 246-8498

    20 Total Sales

    Francklin Myrthil
    Section Image

  • S

    Tenant's Agent in 2023

    Shirley Julien

    Guild Real Estate Services

    (954) 643-7481

    Shirley Julien
    Section Image
  • Colin Freire Real Estate Agent - LoKation

    Buyer's Agent in 2022

    Colin Freire

    LoKation

    (954) 494-0267

    4 Total Sales

    Colin Freire
    Section Image

  • R

    Seller's Agent in 2014

    Richard Frost

    Frost & Associates Inc

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10894081

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-06-19-0050

Florida Broward County Margate 33068 Margate Estates

1040 SW 50th Ave, Margate, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. 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.

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