$745,000
SOLD FEB 25, 2025

124 E Palm Dr Margate, FL 33063

4 Beds
3 Baths
3,093 Sq Ft
0.43 Acres

Recently Sold

$241 Per Sq Ft

12% Below List Price

251 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Canal Access
  • Workshop
  • Private Pool
  • Canal View
  • Circular Driveway

About This Home

As of February 2025

ABSOLUTELY STUNNING opportunity to live in one of the MOST SOUGH AFTER NEIGHBORHOODS IN MARGATE! You will fall in love with this 4 bed, 3 bath REMODELED HOME w/ pool & 3 CAR GARAGE sitting on an oversized DOUBLE LOT of nearly a 1/2 acre. This huge kitchen has been fully remodeled with QUARTZ COUNTERTOPS, wood custom cabinetry, large pantry, STAINLESS STEEL APPLIANCES & farm house sink. Tons of parking in the circular driveway as well as the 2nd large drive way on the side of the house. Other amazing features include: a primary bedroom that is like something out of a magazine which includes a MASSIVE WALK IN CLOSET that is the size of a full bedroom, a spa like experience in the primary bathroom, an EV Charger, lush landscape. NEW ROOF installed 2019 and COMPLETE IMPACT WINDOWS AND DOORS.

Last Agent to Sell the Property

Steve Boyette

Blue Realty Team, LLC License #3296266 Listed on: 05/30/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,880

Year Built

  • Built in 1974

Lot Details

  • 0.43 Acre Lot
  • 200 Feet of Waterfront
  • West Facing Home
  • Fenced

Parking

  • 3 Car Garage
  • Circular Driveway

Property Views

  • Canal
  • Pool

Home Design

  • Flat Roof Shape
  • Metal Roof

Interior Spaces

  • 3,093 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Workshop
  • Impact Glass

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Canal Access
  • Shed

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Hammon Heights Sec 3 39 5 Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 484136040560

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,880

Year Built

Built in 1974

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: ATLANTIC BLVD JUST EAST OF 441 FIRST RIGHT ON TO W. PALM DR.
  • Year Built: 1974
  • Architectural Style: Ranch, One Story
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, Closet Cabinetry, Kitchen Island, Main Level Primary, Pantry, Split Bedrooms, Workshop
  • Main Level Bedrooms: 4
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Laminate, Tile
  • Living Area: 3093.0
  • Dining Room Type: Family Room, Storage Room, Workshop
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Security/High Impact Doors, Shed
  • View: Canal, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, Dock Access, None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Direction Faces: West
  • Other Structures: Shed(s)
  • Property Condition: Resale
  • Roof: Flat, Metal

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Laundry Features: In Garage
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Maintained Community, Non-Gated, Street Lights
  • Senior Community: No
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 484136040560
  • Lot Size Sq Ft: 18738.0
  • Zoning Description: R-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9880.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Feb 28, 2025
Sold by
Galaska Joseph and Galaska Erica
Bought by
Mattos Oscar and Mattos Dana
Seller's Agent
Steve Boyette
Blue Realty Team, LLC
List Price
$850,000
Sold Price
$745,000
Premium/Discount to List
-$105,000
-12.35%
Views
109
Current Estimated Value
$737,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,636
Avg. Annual Appreciation
-1.26%
Original Mortgage
$707,750
Outstanding Balance
$703,050
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$34,314

Purchase Details

Closed on
Nov 4, 2013
Sold by
Galaska Joseph and Galaska Bonnie
Bought by
Galaska Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,163
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 2009
Sold by
Countrywide Home Loans Funding Llc
Bought by
Galaska Joseph and Galaska Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,524
Interest Rate
4.79%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 20, 2009
Sold by
Walcott Vernon E and Maitland Walcott Keesha
Bought by
Countrywide Home Loans Funding Llc

Purchase Details

Closed on
Apr 14, 2007
Sold by
Walcott Vernon E
Bought by
Enoch Financial Services

Purchase Details

Closed on
Apr 15, 2006
Sold by
Henry Linneth
Bought by
Walcott Vernon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 26, 2004
Sold by
Duncan Delores
Bought by
Henry Linneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 1999
Sold by
Thomas Woodrow W
Bought by
Duncan Delores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,800
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 1994
Sold by
Abundant Life Christian Centre
Bought by
Thomas Woodrow W and Thomas Edith D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $745,000 Nautica Title Usa
Quit Claim Deed -- Nautica Title Usa
Warranty Deed $283,000 Attorney
Special Warranty Deed $266,000 None Available
Trustee Deed $111,100 Attorney
Quit Claim Deed -- None Available
Warranty Deed $475,000 First United Title & Escrow
Warranty Deed $300,000 Complete Title Solutions
Warranty Deed $208,000 --
Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $707,750 New Conventional
Previous Owner $271,163 FHA
Previous Owner $216,524 FHA
Previous Owner $95,000 Fannie Mae Freddie Mac
Previous Owner $380,000 Purchase Money Mortgage
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $176,800 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2025 02/25/25 Sold $745,000 -5.6% $241 / Sq Ft
02/05/2025 02/05/25 Pending -- -- --
10/16/2024 10/16/24 Price Changed $789,500 -1.2% $255 / Sq Ft
09/13/2024 09/13/24 Price Changed $799,000 -3.2% $258 / Sq Ft
07/12/2024 07/12/24 Price Changed $825,000 -2.9% $267 / Sq Ft
05/30/2024 05/30/24 For Sale $850,000 -- $275 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $9,975 $245,330 -- --
2024 $9,880 $238,420 -- --
2023 $9,880 $231,480 $0 $0
2022 $9,656 $224,740 $0 $0
2021 $9,540 $218,200 $0 $0
2020 $9,469 $215,190 $0 $0
2019 $9,395 $210,360 $0 $0
2018 $9,148 $206,440 $0 $0
2017 $9,110 $202,200 $0 $0
2016 $9,028 $198,050 $0 $0
2015 $3,612 $196,680 $0 $0
2014 $3,630 $195,120 $0 $0
2013 -- $254,690 $74,950 $179,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10443349

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-36-04-0560