NOT LISTED FOR SALE

1612 E River Dr Margate, FL 33063

Margate Gardens Neighborhood

Estimated Value: $356,000 - $471,000

2 Beds
1 Bath
1,015 Sq Ft
$381/Sq Ft Est. Value

Sale Details

Date Sold: April 18, 2023

Last sale price $250,000 $246 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,663 / mo

Highlights

  • Fruit Trees
  • Main Floor Bedroom
  • No HOA
  • Room in yard for a pool
  • Garden View
  • Tile Flooring

About This Home

As of April 2023

INVESTORS DREAM. FABULOUS NEIGHBORHOOD. As stated in the appraisal Report, this is a single family home with 1015 square feet under air per BCPA but had 3 additional areas that have been enclosed to bring it to a total of 1575 square feet under air on a 7496 square foot lot. It needs repairs and renovations to bring it back to at least the 3/2 home with a bonus room it once was. Get maximum return by the product you use to turn this property into your next airbnb, rental or sale.

Last Agent to Sell the Property

Debra Rochlin

The Agency Florida LLC License #3221557 Listed on: 03/23/2023

The Agency Florida LLC

Last Buyer's Agent

Debra Rochlin

The Agency Florida LLC License #3221557 Listed on: 03/23/2023

The Agency Florida LLC

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,321

Year Built

  • Built in 1958

Lot Details

  • 7,498 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Fruit Trees

Parking

  • 9 Car Garage
  • Driveway
  • On-Street Parking

Home Design

  • Entry on the 1st floor
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 1,015 Sq Ft Home
  • 1-Story Property
  • Garden Views

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Room in yard for a pool

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • No Home Owners Association
  • Margate 3Rd Add 44 48 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484125032050

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,321

Year Built

Built in 1958

Lot Details

7,498 Sq Ft Lot

Parking

9

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: GPS
  • Year Built: 1958
  • Architectural Style: Ranch
  • Entry Level: 1
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, Main Level Primary, Other, Split Bedrooms
  • Main Level Bedrooms: 2
  • Appliances: Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Entry,Other Interior Features,Split Be
  • Flooring: Terrazzo, Tile
  • Living Area: 1015.0
  • Stories: 1

Exterior Features

  • Exterior Features: Room For Pool
  • View: Garden
  • Fencing: Fenced
  • Lot Features: Fruit Trees, < 1/4 Acre
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Direction Faces: West
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Covered Parking Spaces: 9.0
  • Garage Spaces: 9.0
  • Garage Yn: Yes
  • Parking Features: Driveway, On Street

Utilities

  • Other Equipment: Other
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 484125032050
  • Mobile Dim Units: Feet
  • Zoning: R-1

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1321.0

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
May 30, 2024
Sold by
Bought by
Current Estimated Value
$386,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,300
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 23, 2023
Closed on
Apr 18, 2023
Sold by
Bought by
Seller's Agent
Debra Rochlin
The Agency Florida LLC
Buyer's Agent
Debra Rochlin
The Agency Florida LLC
List Price
$250,000
Sold Price
$250,000
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.89%
Original Mortgage
$273,600
Interest Rate
6.73%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Margate Gardens, FL

  • Julie Wright Real Estate Agent - Realty & Resources LLC

    Julie Wright

    Realty & Resources LLC

    (833) 689-0074

    43 Total Sales

    1 in Margate Gardens

    $250,000 Price

    Julie Wright
     Section Image
  • Katerina Keymont Real Estate Agent - Beachfront Properties Real Estate LLC

    Katerina Keymont

    Beachfront Properties Real Estate LLC

    (833) 853-7227

    43 Total Sales

    1 in Margate Gardens

    $485,000 Price

    Katerina Keymont
     Section Image
  • Andre Barrett Real Estate Agent - EXP Realty LLC

    Andre Barrett

    EXP Realty LLC

    (754) 714-5332

    185 Total Sales

    2 in Margate Gardens

    $294,000 Price Range

    Andre Barrett
     Section Image
  • Beverly Fray Real Estate Agent - Home Wise Realty Group, Inc.

    Beverly Fray

    Home Wise Realty Group, Inc.

    (844) 876-9665

    21 Total Sales

    2 in Margate Gardens

    $455,000 Price Range

    Beverly Fray
     Section Image
  • Emily Gamber Real Estate Agent - ZenQuest Realty Inc

    Emily Gamber

    Responds Quickly

    ZenQuest Realty Inc

    (786) 396-7469

    65 Total Sales

    2 in Margate Gardens

    $498,000 Price Range

    Emily Gamber
     Section Image

  • DL

    Dylan Lamb

    Compass Florida LLC

    (561) 933-6132

    87 Total Sales

    2 in Margate Gardens

    $480,000 Price Range

    Dylan Lamb
     Section Image
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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
$285,000 Supreme Title
$254,000 Gold Coast Settlement Services
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
Open $375,000
Closed $321,300
Previous Owner $273,600
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
04/18/2023 04/18/23 Sold $250,000 0.0% $246 / Sq Ft
03/24/2023 03/24/23 For Sale $250,000 -- $246 / 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 $6,466 $377,900
2025 $6,012 $262,810 $33,740 $229,070
2024 $5,894 $262,810 $33,740 $229,070
2023 $5,894 $254,000 $33,740 $220,260
2022 $1,321 $89,860 $0 $0
2021 $1,277 $87,250 $0 $0
2020 $1,250 $86,050 $0 $0
2019 $1,219 $84,120 $0 $0
2018 $1,145 $82,560 $0 $0
2017 $1,122 $80,870 $0 $0
2016 -- $79,210 $0 $0
2015 -- $78,660 $0 $0
2014 $1,055 $78,040 $0 $0
2013 -- $86,860 $29,990 $56,870
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Debra Rochlin

    The Agency Florida LLC

    (305) 203-5085

    1 in this area

    17 Total Sales

    Debra Rochlin
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10373334

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-25-03-2050

Florida Broward County Margate 33063 Margate Gardens

1612 E River Dr, 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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