$375,000
$5K PRICE DROP

1624 E River Dr Margate, FL 33063

Margate Gardens Neighborhood

Estimated payment $2,473/month

Total Views 11,344
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.

Listing Agent

Nestor Palacios

Luxe Properties License #3350259 Listed on: 12/26/2025

Luxe Properties

Co-Listing Agent

Keily Berrios

Luxe Properties License #3387752

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,795

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Other
  • Co List Office Mls Id: LMPR01
  • Co List Office Phone: 305-809-7650
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: MARGATE 3RD ADD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 375000
  • InternetRemarks: Property for First time buyers.
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other
  • Living Area: 975
  • Bedroom Features: Entry Level
  • Living Room Features: Other

Exterior Features

  • Roof: Shingle
  • View: Other
  • Exterior Features: Fruit Trees, Other
  • Construction Type: Concrete Block Construction
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: MARGATE 3RD ADD
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Margate Elem
  • High School: Coconut Crk High
  • Middle Or Junior School: Margate Middle

Lot Info

  • Parcel Number: 484125032020
  • Lot Size Sq Ft: 7998
  • Zoning: R-1

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5795

Map

Range of Values:

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

Source: Public Records

Average Home Value in this Area

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
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

Source: MIAMI REALTORS® MLS

MLS Number: A11935605

MIAMI REALTORS® MLS

APN: 48-41-25-03-2020

Florida Broward County Margate 33063 Margate Gardens

1624 E River Dr, Margate, FL

For Sale

Detached

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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Nestor Palacios
Listing Agent
Nestor Palacios
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Luxe Properties
(754) 287-6759