NOT LISTED FOR SALE

6503 NW 16th St Margate, FL 33063

Margate Gardens Neighborhood

Estimated Value: $485,660

3 Beds
2 Baths
1,605 Sq Ft
$303/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $505,000 $315 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,292/month

21 Days on Market

Highlights

  • 30 Feet of Waterfront
  • Hurricane or Storm Shutters
  • Tile Flooring
  • Canal View
  • Patio
  • Central Heating and Cooling System

About This Home

As of May 2024

This exquisite home is a Rare Gem with beautiful Waterfront Views & no HOA. As you step inside, the impact bay window immediately draws your attention, flooding the space with natural light and framing the breathtaking water views that set this property apart. The open kitchen plan, complete with a handy pantry, is a cook's delight, offering ample space and just steps away from the dining area. This home has 3 generously sized bedrooms & 2 full baths, with a versatile family room that can easily transition into a fourth bedroom, catering to your evolving needs. Covered screen back patio is a tranquil retreat where you can relax and enjoy the water views. Roof, A/C, and water heater all in excellent condition. Storm Shutters, Impact Bay Window offers peace of mind for the new homeowners.

Last Agent to Sell the Property

Andrew Velez

RE/MAX Select Group License #3360502 Listed on: 04/03/2024

RE/MAX Select Group

Last Buyer's Agent

Noriel Gonzalez

Realty One Group Evolution License #3432165

Realty One Group Evolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,729

Year Built

  • Built in 1969

Lot Details

  • 7,959 Sq Ft Lot
  • 30 Feet of Waterfront
  • Home fronts a canal
  • North Facing Home

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,605 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Family Room
  • Canal Views
  • Hurricane or Storm Shutters
  • Laundry in Garage

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Margate Elementary School
  • Margate Middle School
  • Coconut Crk High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Margate Fifth Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484125140540

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,729

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Rockland Island Blvd to Margate Blvd to NW 66th Avenue to NW 16th Street.
  • Year Built: 1969
  • Architectural Style: One Story
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, First Floor Entry
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile, Vinyl
  • Living Area: 1605.0
  • Dining Room Type: Family Room
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Patio, Storm/Security Shutters
  • View: Canal
  • Road Frontage Type: Waterfront
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Road Frontage Type: City Street
  • View: Yes
  • Waterfront Features: Canal Front, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Pets Allowed: No Pet Restrictions, Yes

Schools

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

Lot Info

  • Parcel #: 484125140540
  • Lot Size Sq Ft: 7959.0
  • Zoning Description: R-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7729.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 22, 2024
Sold by
Simpson Diane Gonzalez and Simpson Ronald Paul
Bought by
Alvarez Andrei and Evora Dayan Gilberto
Seller's Agent
Andrew Velez
RE/MAX Select Group
Buyer's Agent
Noriel Gonzalez
Realty One Group Evolution
List Price
$509,000
Sold Price
$505,000
Premium/Discount to List
-$4,000
-0.79%
Total Days on Market
21
Views
54
Current Estimated Value
$485,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,340
Avg. Annual Appreciation
-1.87%
Original Mortgage
$489,850
Outstanding Balance
$485,631
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$7,144

Purchase Details

Listed on
Jan 27, 2017
Closed on
Mar 7, 2017
Sold by
Kivlighn Robert R and Kivlighn Theresa M
Bought by
Simpson Diane and Simpson Ronald
Seller's Agent
Tony Mahayni
Kroll Realty Company
Buyer's Agent
Timothy Byrne
RE/MAX Direct
List Price
$269,900
Sold Price
$225,000
Premium/Discount to List
-$44,900
-16.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.87%

Purchase Details

Closed on
Apr 27, 2015
Sold by
Kivlighn Robert R and Kivlighn Theresa M
Bought by
Kivlighn Robert R and Kivlighn Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
3.18%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Oct 1, 1982
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 Buyer Sale Price Title Company
Alvarez Andrei $505,000 None Listed On Document
Simpson Diane $225,000 Capital Abstract & Title Co
Kivlighn Robert R -- First American Title Co
Available Not $51,364 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Andrei $489,850
Previous Owner Simpson Diane $200,000
Previous Owner Kivlighn Robert R $307,500
Previous Owner Kivlighn Theresa M $32,500
Previous Owner Kivlighn Robert $15,000
Previous Owner Kivlighn Robert R $100,000
Previous Owner Kivlighn Theresa M $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $505,000 +1.2% $315 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/15/2024 04/15/24 Price Changed $499,000 -2.0% $311 / Sq Ft
04/03/2024 04/03/24 For Sale $509,000 0.0% $317 / Sq Ft
03/08/2023 03/08/23 Rented $3,100 -8.8% --
02/11/2023 02/11/23 Price Changed $3,400 -2.9% $2 / Sq Ft
02/01/2023 02/01/23 For Rent $3,500 +29.6% --
08/25/2021 08/25/21 Rented $2,700 0.0% --
07/26/2021 07/26/21 Under Contract -- -- --
07/23/2021 07/23/21 For Rent $2,700 0.0% --
03/09/2017 03/09/17 Sold $225,000 -16.6% $113 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $269,900 -- $136 / 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 $7,986 $353,610 $43,770 $309,840
2024 $7,729 $353,610 $43,770 $309,840
2023 $7,729 $324,620 $0 $0
2022 $6,835 $295,110 $0 $0
2021 $6,203 $268,290 $0 $0
2020 $5,697 $254,410 $43,770 $210,640
2019 $5,180 $221,730 $43,770 $177,960
2018 $4,653 $207,000 $43,770 $163,230
2017 $1,799 $112,550 $0 $0
2016 $1,713 $110,240 $0 $0
2015 $1,753 $109,480 $0 $0
2014 $1,758 $108,620 $0 $0
2013 -- $117,930 $41,780 $76,150
Source: Public Records

Agents Affiliated with this Home

  • Andrew Velez

    Seller's Agent in 2024

    Andrew Velez

    RE/MAX

    (954) 729-3568

    1 in this area

    91 Total Sales

    Andrew Velez
    Section Image
  • Noriel Gonzalez

    Buyer's Agent in 2024

    Noriel Gonzalez

    Realty One Group Evolution

    (786) 562-4090

    1 in this area

    116 Total Sales

    Noriel Gonzalez
    Section Image

  • C

    Seller's Agent in 2023

    Cliff Glansen

    FlatFee.com

    (877) 575-5505

    2 in this area

    2,872 Total Sales

    Cliff Glansen
    Section Image
  • Nancy Simmers

    Buyer's Agent in 2023

    Nancy Simmers

    United Realty Group Inc

    (954) 770-8907

    1 Total Sale

    Nancy Simmers
    Section Image

  • A

    Buyer's Agent in 2021

    Andrea Scaramucci

    BrokerNation Real Estate

    (954) 235-1049

    13 Total Sales

    Andrea Scaramucci
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10432341

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-25-14-0540

Florida Broward County Margate 33063 Margate Gardens

6503 NW 16th St, Margate, FL

This home is located at 6503 NW 16th St, Margate, FL 33063 since 03 April 2024 and is currently priced at $485,660, approximately $302 per square foot. This property was built in 1969. 6503 NW 16th 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.

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