1624 E River Dr Margate, FL 33063
Margate Gardens NeighborhoodEstimated payment $2,487/month
Total Views
29,308
2
Beds
1
Bath
975
Sq Ft
$385
Price per Sq Ft
Highlights
- No HOA
- Laundry Room
- 1 Car Garage
- Views
- Central Heating and Cooling System
- North Facing Home
About This Home
This charming single-family home offers a rare opportunity for first-time buyers to stop renting and start building equity. Situated on a generous 7,998 square foot lot, the property features a functional 2-bedroom, 1-bathroom, laundry room, family room, etc. There are no HOA restrictions, you have the total freedom to customize your home and landscape your massive backyard exactly how you’ve always imagined. The location is ideal for those seeking a quiet residential lifestyle without sacrificing convenience. You’ll be perfectly positioned near major South Florida thoroughfares, local parks, and popular shopping hubs, making your daily commute and weekend errands a breeze. Whether you are looking for a cozy starter home to live in now or a strategic property that will appreciate in value over time, this residence offers the stability and flexibility you need to plant roots in a high-demand neighborhood. Owner financing available.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,795
Year Built
- Built in 1959
Lot Details
- 7,998 Sq Ft Lot
- North Facing Home
Parking
- 1 Car Garage
Home Design
- 975 Sq Ft Home
- Shingle Roof
Kitchen
- Electric Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Margate Elementary School
- Margate Middle School
- Coconut Crk High School
Additional Features
- Laundry Room
- Central Heating and Cooling System
- Property Views
Community Details
- No Home Owners Association
- Margate 3Rd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 484125032020
Matterport 3D Tour
Floorplan
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2026 | $5,795 | $260,310 | -- | -- |
| 2025 | $5,524 | $236,650 | -- | -- |
| 2024 | $5,247 | $236,650 | -- | -- |
| 2023 | $5,247 | $195,590 | $0 | $0 |
| 2022 | $4,511 | $177,810 | $0 | $0 |
| 2021 | $4,129 | $161,650 | $0 | $0 |
| 2020 | $3,757 | $184,770 | $35,990 | $148,780 |
| 2019 | $3,467 | $167,260 | $35,990 | $131,270 |
| 2018 | $3,064 | $154,260 | $35,990 | $118,270 |
| 2017 | $2,898 | $110,420 | $0 | $0 |
| 2016 | $2,493 | $100,390 | $0 | $0 |
| 2015 | $2,452 | $91,270 | $0 | $0 |
| 2014 | $2,160 | $82,980 | $0 | $0 |
| 2013 | -- | $75,440 | $31,990 | $43,450 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/28/2026 01/28/26 | Price Changed | $375,000 | -1.3% | $385 / Sq Ft |
| 12/26/2025 12/26/25 | For Sale | $380,000 | -- | $390 / Sq Ft |
Source: MIAMI REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Warranty Deed | $77,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $79,458 | VA |
Source: Public Records
About the Listing Agent
Nestor J. Palacios is a dedicated real estate professional and committed to taking real estate to the next level for his clients. A true Floridian, Nestor grew up in Miami and is deeply rooted in the community. He earned his bachelor’s degree in accounting and an MBA in Finance from Florida International University, after attending Miami Dade College. With over a decade of experience in real estate, Nestor has successfully guided buyers, sellers, and investors through every stage of their
Nestor's Other Listings
Source: MIAMI REALTORS® MLS
MLS Number: A11935605
APN: 48-41-25-03-2020
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