$485,000
SOLD SEP 27, 2024
4 Beds
2 Baths
1,686 Sq Ft
0.31 Acres

Recently Sold

$288 Per Sq Ft

3% Below List Price

71 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Separate Shower in Primary Bathroom
  • Family Room
  • Canal View
  • Central Heating and Cooling System
  • 1-minute walk to Legacy Park

About This Home

As of September 2024

In the heart of Margate City, this spacious 4-bedroom, 2-bathroom house is a prime location for both living and Airbnb. This 1686 sq ft property boasts a comfortable layout, featuring a dedicated family room and living room, perfect for entertaining or relaxation.

Ideal for:
* Families seeking a comfortable and spacious home
* Investors looking for a high-performing Airbnb property

Location:
Situated in Margate City, this house is close to all the excitement the city has to offer, including:
* Restaurants
* Shops
* Entertainment venues
* Beaches

Don't miss out on this fantastic opportunity! Schedule a showing today.

Last Agent to Sell the Property

Anice Mathew

Pala Homes Inc License #3481243 Listed on: 07/17/2024

Last Buyer's Agent

Gregory Salgado

Goldbay Realty Inc License #3516979

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,821

Year Built

  • Built in 1957

Lot Details

  • 0.31 Acre Lot
  • 200 Feet of Waterfront
  • Home fronts a canal
  • North Facing Home

Parking

  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,686 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Family Room
  • Vinyl Flooring
  • Canal Views
  • Dryer

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Margate 3Rd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484125032540

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,821

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1957
  • Architectural Style: One Story
  • Carport Y N: No
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Dual Sinks, First Floor Entry, Main Level Primary, Separate Shower
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Vinyl
  • Living Area: 1686.0
  • Dining Room Type: Family Room
  • Window Features: Blinds

Exterior Features

  • Exterior Features: None
  • View: Canal
  • Road Frontage Type: Waterfront
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Property Condition: Resale
  • Roof: Composition, Shingle
  • FrontageLengthRemarks: 200

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 484125032540
  • Lot Size Sq Ft: 13373.0
  • Zoning Description: R-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8821.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Sep 27, 2024
Sold by
Paulose Sunish
Bought by
Perez Osiris Nieves and Morales Yaumara Rodriguez
Seller's Agent
Anice Mathew
Pala Homes Inc
Buyer's Agent
Gregory Salgado
Goldbay Realty Inc
List Price
$499,999
Sold Price
$485,000
Premium/Discount to List
-$14,999
-3%
Views
27
Current Estimated Value
$478,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,592
Avg. Annual Appreciation
-1.66%
Original Mortgage
$23,759
Outstanding Balance
$23,641
Interest Rate
6.08%
Estimated Equity
$454,915

Purchase Details

Closed on
May 1, 2024
Sold by
Homeinc Llc
Bought by
Paulose Sunish

Purchase Details

Closed on
Apr 26, 2024
Sold by
Zamora Elicio A
Bought by
Homeinc Llc

Purchase Details

Listed on
Dec 10, 2013
Closed on
Mar 17, 2014
Sold by
Wvs Business Llc
Bought by
Zamaro Elicio A and Zarmora Estela M
Seller's Agent
Patricia Savio
VIP International Realty LLC
Buyer's Agent
Victoria Louramore
Allstar Realty Inc
List Price
$199,999
Sold Price
$189,000
Premium/Discount to List
-$10,999
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$185,576
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2013
Sold by
The Bank Of New York Mellon
Bought by
Wvs Business Llc

Purchase Details

Closed on
Aug 6, 2013
Sold by
Ulloa Guillermo S
Bought by
The Bank Of New York

Purchase Details

Closed on
Dec 10, 2007
Sold by
Ulloa Denni X
Bought by
Ulloa Guillermo S

Purchase Details

Closed on
Mar 28, 2007
Sold by
Ulloa Guillermo S
Bought by
Ulloa Denni X

Purchase Details

Closed on
Nov 17, 2005
Sold by
Alvarez Louis E
Bought by
Ulloa Guillermo S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
5.57%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 14, 2005
Sold by
Maini Christopher and Maini Sheri
Bought by
Alvarez Louis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
5.57%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 14, 1995
Sold by
Lobiondo Rose and Purpura Anthony
Bought by
Maini Christopher and Maini Sheri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,505
Interest Rate
7.5%
Mortgage Type
FHA
Source: Public Records

Similar Homes in Margate, FL

  • 1421 E River Dr, Margate, FL 33063

    $400,000

    • 2 Beds
    • 2 Baths
    • 1,503 Sq Ft
    • 1421 E River Dr
    • Margate, FL

    Welcome to 1421 East River Drive--a charming 3-bedroom, 2-bath home in one of Margate's most desirable neighborhoods. The garage was legally converted into a spacious third bedroom with permits. Bedrooms and bathrooms were remodeled in 2023. Major updates include a new roof (2018), A/C (2021), water heater (2023), electrical panel box (2021), and impact windows (2021). The kitchen and living area

    Inella Odom-Williams Remax Homes & Properties

    Section Image
  • 6113 NW 18th St, Margate, FL 33063

    $520,000

    • 4 Beds
    • 2 Baths
    • 1,542 Sq Ft
    • 6113 NW 18th St
    • Margate, FL

    Completely remodeled and spacious 4-bedroom, 2-Bathroom home with pool in the heart of Margate. This house boasts a modern kitchen with quartz countertops, dark wood cabinets, high-end stainless steel appliances, a 2-zone AC with a separate mini-split system in the master bedroom, a large laundry and utility room, bathrooms with glass doors and stone countertops, a large backyard shed. The living

    William Tordjman Flat Fee Florida Realty LLC

    Section Image
  • 1270 NW 66th Terrace, Margate, FL 33063

    $550,000

    • 3 Beds
    • 2 Baths
    • 1,587 Sq Ft
    • 1270 NW 66th Terrace
    • Margate, FL

    This beautifully renovated 3-bed, 2-bath home in a 55+ community features impact windows, a spacious dining area, open kitchen, and large living spaces. Located on a corner lot, it includes a utility room and one-car garage. Enjoy a private clubhouse, pool, and low HOA fees of $222, covering lawn care and exterior painting. One owner must be 55+, with a 700+ credit score for HOA approval. Close

    Roberta Lucas Century 21 LUXE HOMES

    Section Image
  • 7385 NW 24th St, Margate, FL 33063

    $515,000

    • 3 Beds
    • 2 Baths
    • 1,330 Sq Ft
    • 7385 NW 24th St
    • Margate, FL

    Charming 3 bedroom 2 bath home with a 2 car garage in The Greens at Carolina. This move-in-ready residence features a split floor plan, laminate flooring throughout, white kitchen cabinets, and updated appliances. The kitchen opens to a private patio and fenced yard - perfect for relaxing or entertaining. Additional highlights include a 2019 roof and accordion shutters. Ideally located within

    Kelly-Ann Hall Premier Agent Realty

    Section Image
  • 5561 SW 6th Ct, Margate, FL 33068

    $430,000

    • 3 Beds
    • 2 Baths
    • 1,175 Sq Ft
    • 5561 SW 6th Ct
    • Margate, FL

    Unlock the potential in this updated 3BR/2BA home in Margate Estates—with no HOA and room to grow! Enjoy a bright, open layout with a cozy fireplace, modern eat-in kitchen with granite counters, upgraded appliances, and a walk-in pantry/laundry room. Experience easy-care tile floors. Private primary suite has laminate floors, en suite bath, and two closets including a walk-in. Recent big-ticket

    Julie Harris, PA Century 21 Hansen Realty Inc

    Section Image
  • 7965 NW 9th St, Margate, FL 33063

    $540,000

    • 3 Beds
    • 2 Baths
    • 1,985 Sq Ft
    • 7965 NW 9th St
    • Margate, FL

    This solid 3-bed, 2-bath South Florida home has it all—ceramic tile floors throughout, a brand-new kitchen with white shaker cabinets, spacious living room and a separate den (that can easily be converted to an office or 4th bedroom) plus a large 2-car garage. Step outside to your private, fenced-in backyard with a sparkling pool, relaxing hot tub, and a mature mango tree for that perfect

    Greg Caron LoKation

    Section Image
  • 7793 Highlands Cir, Margate, FL 33063

    $590,000

    • 3 Beds
    • 2 Baths
    • 2,103 Sq Ft
    • 7793 Highlands Cir
    • Margate, FL

    **New Roof 2022**Welcome to this beautifully maintained 3-bedroom, 2-bathroom single-family home, quietly nestled in a rare, intimate community of just 55 homes--perfectly positioned away from the hustle and bustle of Sample and Rock Island Roads. This is where privacy, peace, and comfort meet. From the moment you arrive, the charming curb appeal and mature shade trees draw you in. Step inside to

    Loodmy Jacques KW Reserve Palm Beach

    Section Image
  • 1500 W River Dr, Margate, FL 33063

    $539,000

    • 3 Beds
    • 2 Baths
    • 1,750 Sq Ft
    • 1500 W River Dr
    • Margate, FL

    Welcome Home! This charming 3-bed, 2-bath home offers the perfect combination of comfort and Florida lifestyle all under the BRAND NEW 2021 ROOF. Nestled on a quiet, picture-perfect street, this home features a bright and open layout, ideal for both everyday living and entertaining. Step outside to your own private oasis with your pool overlooking the canal, perfect for relaxing evenings or

    Gabriella Schwager LoKation

    Section Image
  • 6275 Lakeshore Dr, Margate, FL 33063

    $499,000

    • 3 Beds
    • 2 Baths
    • 1,555 Sq Ft
    • 6275 Lakeshore Dr
    • Margate, FL

    Great split bedroom floorplan on spacious lot in Margate! Enjoy your peace at home in this great layout. This home has been beautifully renovated, with gorgeous floors, modern appliances, and bright features throughout. Walk outside to your wonderful yard with additional shed, fruit trees, screened in porch, and more! Location is amazing, minutes from groceries, restaurants, shopping,

    Bill Cuthbertson RE/MAX First

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Warranty Deed $485,000 Near North Title Group
Warranty Deed $485,000 Near North Title Group
Warranty Deed $350,000 None Listed On Document
Warranty Deed $315,000 None Listed On Document
Warranty Deed $189,000 Nexstar Title & Escrow Llc
Quit Claim Deed $120,800 North American Title Company
Trustee Deed $111,600 None Available
Quit Claim Deed -- Attorney
Quit Claim Deed -- S & S Title Partners
Warranty Deed $306,000 None Available
Warranty Deed $240,000 --
Warranty Deed $105,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $23,759 No Value Available
Closed $23,759 No Value Available
Open $475,172 FHA
Closed $475,172 FHA
Previous Owner $38,760 FHA
Previous Owner $185,576 FHA
Previous Owner $61,200 Balloon
Previous Owner $244,800 Purchase Money Mortgage
Previous Owner $153,750 Unknown
Previous Owner $12,700 Stand Alone Second
Previous Owner $102,505 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $485,000 0.0% $288 / Sq Ft
08/12/2024 08/12/24 Price Changed $485,000 -3.0% $288 / Sq Ft
07/17/2024 07/17/24 For Sale $499,999 +164.5% $297 / Sq Ft
03/17/2014 03/17/14 Sold $189,000 -5.5% $115 / Sq Ft
02/15/2014 02/15/14 Pending -- -- --
12/10/2013 12/10/13 For Sale $199,999 -- $122 / Sq Ft
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 $8,730 $435,380 $73,550 $361,830
2024 $9,121 $435,380 $73,550 $361,830
2023 $9,121 $448,010 $73,550 $374,460
2022 $7,804 $338,010 $0 $0
2021 $7,081 $307,290 $0 $0
2020 $6,473 $290,110 $73,550 $216,560
2019 $5,986 $268,400 $73,550 $194,850
2018 $5,292 $252,220 $73,550 $178,670
2017 $4,791 $209,900 $0 $0
2016 $4,511 $190,820 $0 $0
2015 $4,150 $173,480 $0 $0
2014 $3,742 $153,120 $0 $0
2013 -- $133,190 $70,210 $62,980
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10451502

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-25-03-2540