$415,000
SOLD AUG 9, 2024 RENTED DEC 15, 2024

5575 SW 8th Ct Margate, FL 33068

Margate Estates Neighborhood
2 Beds
2 Baths
1,062 Sq Ft
7,503 Sq Ft Lot

Recently Sold

$391 Per Sq Ft

5% Below List Price

75 Days on Market

Highlights

  • Garden View
  • 1 Car Attached Garage
  • 1-Story Property
  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of August 2024

Discover this inviting 2-bedroom,2-bath home in Margate,FL! Perfectly situated just a short walk from Serino Park,this property offers both convenience and tranquility. The home features a huge fenced yard,ideal for outdoor activities,gardening,or a safe play area for pets and children. Inside,find an updated kitchen with modern appliances for a seamless cooking experience. The home boasts elegant tiled floors throughout for easy maintenance. Each bedroom is spacious and filled with natural light. With its prime location,you're close to amenities,shopping,dining,and entertainment. Don’t miss the opportunity to make this cozy home your own. Contact us today to schedule a viewing!

Last Agent to Sell the Property

Melissa Miller

EXP Realty, LLC. License #3022898 Listed on: 05/19/2024

EXP Realty, LLC.

Last Buyer's Agent

Josafa Sousa

Floridian International Realty License #3324005

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,485

Year Built

  • Built in 1976

Lot Details

  • 7,503 Sq Ft Lot
  • South Facing Home
  • Property is zoned R-1B

Parking

  • 1 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,062 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Tile Flooring
  • Garden Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Serino Park Sec 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494206180560

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,485

Year Built

Built in 1976

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1976
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: SEE MAPQUEST
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: SERINO PARK SEC 3
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Family Room
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1062
  • Possible Use: Primary
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Family Room

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: SERINO PARK SEC 3
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494206180560
  • Lot Size Sq Ft: 7503
  • Zoning: R-1B
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5485

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2024
Closed on
Aug 8, 2024
Sold by
Baf 4 Llc
Bought by
Monteiro Amaral Vinicius and Pires Thamires De Sa
Seller's Agent
Melissa Miller
EXP Realty, LLC.
Buyer's Agent
Josafa Sousa
Floridian International Realty
List Price
$435,000
Sold Price
$415,000
Premium/Discount to List
-$20,000
-4.6%
Views
8
Current Estimated Value
$416,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,814
Avg. Annual Appreciation
0.39%
Original Mortgage
$386,650
Outstanding Balance
$382,266
Interest Rate
6.86%
Mortgage Type
FHA
Estimated Equity
$34,548

Purchase Details

Closed on
May 29, 2024
Sold by
Baf Assets Llc
Bought by
Baf 4 Llc

Purchase Details

Closed on
Jun 18, 2020
Sold by
Baf 2 Llc
Bought by
Baf Assets Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,502,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2019
Sold by
Resi Reo Sub Llc
Bought by
Baf 2 Llc

Purchase Details

Closed on
Aug 8, 2018
Sold by
Rha 2 Llc
Bought by
Resi Sfr Sub Llc

Purchase Details

Listed on
Sep 24, 2014
Closed on
Mar 25, 2015
Sold by
Parkland Whistler 001 Llc
Bought by
Rha 2 Llc
Seller's Agent
Mohammad Kazmi
Prosperity Investments & Realt
Buyer's Agent
Mohammad Kazmi
Prosperity Investments & Realt
List Price
$130,000
Sold Price
$118,000
Premium/Discount to List
-$12,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.76%

Purchase Details

Closed on
Nov 6, 2012
Sold by
Mcgee Timothy and Mcgee Ingreed
Bought by
Parkland Whistler 001 Llc

Purchase Details

Closed on
Nov 9, 2005
Sold by
Mcgee Ingreed and Mcgee Timothy
Bought by
Mcgee Timothy and Mcgee Ingreed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 1997
Sold by
Rusicka Deana
Bought by
Candela Ingreed A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,348
Interest Rate
7.51%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 1994
Sold by
Dipalma Pat
Bought by
Rusicka Deana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,750
Interest Rate
8.82%

Purchase Details

Closed on
Aug 1, 1991
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Special Warranty Deed $415,000 None Listed On Document
Special Warranty Deed $3,588,500 None Listed On Document
Special Warranty Deed -- None Available
Special Warranty Deed $32,857,300 Bchh Inc
Special Warranty Deed $17,288,411 Premium Title
Warranty Deed $118,000 Hm National Title Services
Trustee Deed $78,500 None Available
Interfamily Deed Transfer $53,200 Ocean Point Title Llc
Warranty Deed $70,400 --
Warranty Deed $89,000 --
Quit Claim Deed $8,571 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $386,650 FHA
Previous Owner $516,502,000 Commercial
Previous Owner $188,000 Purchase Money Mortgage
Previous Owner $108,900 New Conventional
Previous Owner $70,348 FHA
Previous Owner $66,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2024 12/15/24 Rented $3,000 -3.2% --
10/11/2024 10/11/24 Price Changed $3,100 +6.9% $3 / Sq Ft
10/01/2024 10/01/24 Price Changed $2,900 -6.5% $3 / Sq Ft
09/18/2024 09/18/24 Price Changed $3,100 +34.8% $3 / Sq Ft
09/14/2024 09/14/24 For Rent $2,300 0.0% --
08/09/2024 08/09/24 Sold $415,000 -4.6% $391 / Sq Ft
05/25/2024 05/25/24 For Sale $435,000 0.0% $410 / Sq Ft
09/05/2017 09/05/17 For Rent $1,579 0.0% --
09/05/2017 09/05/17 Rented $1,579 +12.8% --
08/21/2015 08/21/15 Rented $1,400 0.0% --
08/21/2015 08/21/15 For Rent $1,400 0.0% --
03/25/2015 03/25/15 Sold $118,000 -9.2% $96 / Sq Ft
02/23/2015 02/23/15 Pending -- -- --
09/24/2014 09/24/14 For Sale $130,000 -- $106 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $5,894 $262,930 $30,010 $232,920
2024 $5,485 $262,930 $30,010 $232,920
2023 $5,485 $231,810 $0 $0
2022 $4,971 $210,740 $0 $0
2021 $4,492 $191,590 $30,010 $161,580
2020 $4,191 $178,110 $30,010 $148,100
2019 $4,048 $170,300 $30,010 $140,290
2018 $3,315 $166,040 $30,010 $136,030
2017 $2,961 $121,290 $0 $0
2016 $2,632 $110,270 $0 $0
2015 $2,332 $86,520 $0 $0
2014 $2,032 $78,660 $0 $0
2013 -- $100,140 $22,510 $77,630
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    J Sousa

    Honey One Real Estate Corp

    (561) 501-9508

    35 Total Sales

    J Sousa
    Section Image
  • Melissa Miller

    Seller's Agent in 2024

    Melissa Miller

    EXP Realty, LLC.

    (954) 870-9670

    4 in this area

    369 Total Sales

    Melissa Miller
    Section Image

  • J

    Buyer's Agent in 2024

    Josafa Sousa

    Floridian International Realty

  • D

    Seller's Agent in 2017

    Daniel Travis

    State Street Realty Group

    (954) 515-6032

    19 Total Sales

    Daniel Travis
    Section Image

  • L

    Seller's Agent in 2015

    Lester Salman

    Heath & Joseph Real Estate

    Section Image
  • Mohammad Kazmi

    Seller's Agent in 2015

    Mohammad Kazmi

    Prosperity Investments & Realt

    (954) 614-2771

    25 Total Sales

    Mohammad Kazmi
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11589961

MIAMI REALTORS® MLS

APN: 49-42-06-18-0560

Florida Broward County Margate 33068 Margate Estates

5575 SW 8th Ct, Margate, FL

This home is located at 5575 SW 8th Ct, Margate, FL 33068 and is currently priced at $415,000, approximately $390 per square foot. This property was built in 1976. 5575 SW 8th Ct is a home located in Broward County with nearby schools including Liberty Elementary School, Margate Middle School, and Coconut Creek High School.

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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