NOT LISTED FOR SALE

6325 NW 11th St Margate, FL 33063

Margate Gardens Neighborhood

Estimated Value: $750,000 - $841,478

-- Bed
-- Bath
3,080 Sq Ft
$264/Sq Ft Est. Value

Last Sold November 20, 2018

Last sale price $527,500 $171 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,294/month

193 Days on Market

Highlights

  • Lake Front
  • Central Heating and Cooling System
  • 5-minute walk to Vinson Park
  • Tile Flooring

About This Home

As of November 2018

Lake Front 4 Plex with Rents Below Market! All Units are 2 Bedroom 1 Bath with Central A/C, Washer & Dryer. Average Market Rent is approx. $1200 Monthly. Gross income is $50,400 Estimated Annual Expenses include Taxes: $5,988 Lawn: $600 Insurance: $4000 Water&Trash $3,600 (Total $14,188) Estimated Cap is 8% Estimated Proforma Cap Rate is 8%. All information is believed to be accurate but is not guaranteed.

Last Agent to Sell the Property

Carlos Montoya

Fidelity Real Estate Group LLC License #0623048 Listed on: 04/10/2018

Co-Listed By

Natasha Q Realtor

Fidelity Real Estate Group LLC License #3320937

Last Buyer's Agent

Carlos Montoya

Fidelity Real Estate Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,188

Year Built

  • Built in 1972

Lot Details

  • Lake Front

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape

Interior Spaces

  • 3,080 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $50,400
  • Rent includes sewer
  • Assessor Parcel Number 484125040240

Community Details

Overview

  • 4 Units
  • Margate 3Rd Add Resub Of Subdivision

Building Details

  • Net Operating Income $36,212

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,188

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: From 441 & Atlantic Head East on Atlantic. Turn right onto NW 66th Ave. Turn right onto NW 11th St Destination will be on the left
  • Year Built: 1972
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Tile
  • Living Area: 3080.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: Lake Front, Other
  • Waterfront: Yes
  • Construction Type: Stucco
  • Property Condition: Resale
  • Roof: Flat

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Sewer

Lot Info

  • Parcel #: 484125040240
  • Zoning Description: R-3

Multi Family

  • Property Net Operating Income: 36212.0
  • Number Of Units Total: 4
  • Total Actual Rent: 50400.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7188.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2018
Closed on
Nov 19, 2018
Sold by
Agostino Joseph D and Agostino Nicole D D
Bought by
Glick Jeffrey D
Seller's Agent
Carlos Montoya
Fidelity Real Estate Group LLC
Buyer's Agent
Carlos Montoya
Fidelity Real Estate Group LLC
List Price
$547,500
Sold Price
$527,500
Premium/Discount to List
-$20,000
-3.65%
Current Estimated Value
$811,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,370
Avg. Annual Appreciation
6.45%

Purchase Details

Listed on
Feb 13, 2017
Closed on
Mar 7, 2017
Sold by
Valles Jope
Bought by
Agostino Joseph D and Agostino Nicole D
Seller's Agent
Carlos Montoya
Fidelity Real Estate Group LLC
Buyer's Agent
Carlos Montoya
Fidelity Real Estate Group LLC
List Price
$379,900
Sold Price
$379,000
Premium/Discount to List
-$900
-0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.33%

Purchase Details

Closed on
Jul 31, 2002
Sold by
Salmeron Gladys
Bought by
Valles Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
8.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 12, 2001
Sold by
Yalim Tevfik
Bought by
Salmeron Gladys

Purchase Details

Closed on
Jul 24, 1995
Sold by
Barnett Haydee
Bought by
Yalim Tevfik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
7.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 1990
Sold by
Available Not
Bought by
Available Not
Source: Public Records

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 Buyer Sale Price Title Company
Glick Jeffrey D $527,500 Main Street Title & Escrow I
Agostino Joseph D $379,000 Capital Abstract & Title
Valles Jose $265,000 Florida Intl Title & Escrow
Salmeron Gladys $220,000 --
Yalim Tevfik $145,000 --
Available Not $26,164 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valles Jose $198,750
Previous Owner Yalim Tevfik $101,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2018 11/20/18 Sold $527,500 -3.7% $171 / Sq Ft
10/21/2018 10/21/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $547,500 +44.5% $178 / Sq Ft
03/07/2017 03/07/17 Sold $379,000 -0.2% $123 / Sq Ft View Prior Sale
02/13/2017 02/13/17 For Sale $379,900 -- $123 / 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 $12,436 $516,920 $57,400 $459,520
2024 $12,152 $516,920 $57,400 $459,520
2023 $12,152 $497,260 $57,400 $439,860
2022 $11,476 $471,980 $57,400 $414,580
2021 $11,989 $493,050 $57,400 $435,650
2020 $11,976 $493,260 $73,060 $420,200
2019 $11,424 $464,580 $73,060 $391,520
2018 $8,401 $342,390 $73,060 $269,330
2017 $7,188 $270,350 $0 $0
2016 $6,474 $245,780 $0 $0
2015 $6,029 $223,440 $0 $0
2014 $5,622 $203,130 $0 $0
2013 -- $197,990 $73,060 $124,930
Source: Public Records

Agents Affiliated with this Home

  • Carlos Montoya

    Seller's Agent in 2018

    Carlos Montoya

    Fidelity Real Estate Group LLC

    (954) 345-9144

    144 Total Sales

    Carlos Montoya
    Section Image

  • N

    Seller Co-Listing Agent in 2018

    Natasha Q Realtor

    Fidelity Real Estate Group LLC

    (954) 345-9144

    95 Total Sales

    Natasha Q Realtor
    Section Image

  • C

    Buyer's Agent in 2018

    Carlos Montoya

    Fidelity Real Estate Group LLC

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10115541

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-25-04-0240

Florida Broward County Margate 33063 Margate Gardens

6325 NW 11th St, Margate, FL

This home is located at 6325 NW 11th St, Margate, FL 33063 since 10 April 2018 and is currently estimated at $811,870, approximately $263 per square foot. This property was built in 1972. 6325 NW 11th St is a home located in Broward County with nearby schools including Margate 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.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes