NOT LISTED FOR SALE

5480 NW 27th Ct Margate, FL 33063

Coral Lake Neighborhood

Estimated Value: $438,037 - $471,000

3 Beds
2.5 Baths
1,363 Sq Ft
$336/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $470,000 $345 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,256/month

68 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Breakfast Area or Nook
  • Community Cabanas
  • High Ceiling
  • Hurricane or Storm Shutters

About This Home

As of November 2023

CALLING ALL INVESTORS: CURRENTLY RENTED AT $3,250/MO UNTIL MAY 31, 2024. Built in 2018, this gorgeous 3 bedroom 2.5 bath townhome is located in a lovely gated community of just 160 properties. Low HOA of just $130/mo. This lakefront home is walking distance to a beautiful community pool. Inside you'll find volume ceilings and a spacious floor plan. Large primary bedroom with en-suite and walk-in closet, 2 additional roomy bedrooms, guest bathroom, 2nd floor laundry, open, flexible living space with living / dining / family room areas, open kitchen, ground floor 1/2 bath and over-sized, upgraded patio with a fantastic lake view. Lots of parking with a 1-car garage and 2 driveway spaces. Smart home features include nest thermostats and ring doorbell. Close to shopping, restaurants, school

Last Agent to Sell the Property

Michael Mucci

LoKation License #3302521 Listed on: 09/21/2023

LoKation

Last Buyer's Agent

Michael Mucci

LoKation License #3302521 Listed on: 09/21/2023

LoKation

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,644

Year Built

  • Built in 2018

Lot Details

  • Lake Front
  • North Facing Home

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Deeded Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,363 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Decorative Fireplace
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Utility Room
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Schools

  • Liberty Elementary School
  • Margate Middle School
  • Monarch High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 484219360370

Community Details

Overview

  • Association fees include amenities
  • 160 Units
  • Horizon Subdivision

Recreation

  • Community Cabanas
  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Gated Community
  • Hurricane or Storm Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,644

Year Built

Built in 2018

Lot Details

0

HOA Fees

$130 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: From State Road 7 (441) between Copans and Sample, head East on Rancho Blvd to the circle. Entrance is on the right. Use the right lane and use the callbox for entry. Access instructions will be provided in ShowingTime
  • Year Built: 2018
  • Entry Level: 1
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Area, Dual Sinks, First Floor Entry, Fireplace, High Ceilings, Living/Dining Room, Main Living Area Entry Level, Pantry, Upper Level Primary, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Decorative
  • Flooring: Carpet, Ceramic Tile, Tile
  • Living Area: 1363.0
  • Dining Room Type: Family Room, Laundry, Utility Room
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Storm/Security Shutters
  • View: Lake
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Deeded, Garage, Two or More Spaces

Utilities

  • Security: Complex Fenced, Key Card Entry
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 130.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Cabana, Playground, Pool, Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: Amenities

Schools

  • Elementary School: Liberty
  • High School: Monarch
  • Middle Or Junior School: Margate Middle

Lot Info

  • Parcel #: 484219360370

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5644.0

Multi Family

  • Number Of Units In Community: 160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Nov 29, 2023
Sold by
Flores William and Kelly Johanna
Bought by
Andres A Duque 2016 Trust and Duque
Seller's Agent
Michael Mucci
LoKation
Buyer's Agent
Michael Mucci
LoKation
List Price
$499,000
Sold Price
$470,000
Premium/Discount to List
-$29,000
-5.81%
Views
162
Current Estimated Value
$458,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,991
Avg. Annual Appreciation
-1.22%

Purchase Details

Closed on
Nov 30, 2018
Sold by
Lennar Homes Llc
Bought by
Flores William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,144
Interest Rate
4.8%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Andres A Duque 2016 Trust $470,000 None Listed On Document
Flores William $298,300 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flores William $273,144
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2023 11/29/23 Sold $470,000 -5.8% $345 / Sq Ft
09/21/2023 09/21/23 For Sale $499,000 0.0% $366 / Sq Ft
05/15/2023 05/15/23 Rented $3,250 0.0% --
04/13/2023 04/13/23 Under Contract -- -- --
04/04/2023 04/04/23 For Rent $3,250 -- --
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 $8,809 $389,010 $27,960 $361,050
2024 $5,494 $389,010 $27,960 $361,050
2023 $5,904 $295,430 $0 $0
2022 $5,644 $286,830 $0 $0
2021 $5,494 $278,480 $0 $0
2020 $5,403 $274,640 $0 $0
2019 $5,308 $268,470 $26,160 $242,310
Source: Public Records

Agents Affiliated with this Home

  • Michael Mucci

    Seller's Agent in 2023

    Michael Mucci

    LoKation

    (305) 799-8810

    2 in this area

    84 Total Sales

    Michael Mucci
    Section Image

  • A

    Buyer's Agent in 2023

    Arturo Rojas

    One Sotheby's International Re

    (347) 299-1420

    1 Total Sale

    Arturo Rojas
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10401195

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-19-36-0370

Florida Broward County Margate 33063 Coral Lake

5480 NW 27th Ct, Margate, FL

Not Listed for Sale

Townhouses

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