NOT LISTED FOR SALE

7500 NW 5th Place Unit 203 Margate, FL 33063

Estimated Value: $105,000 - $114,839

2 Beds
2 Baths
990 Sq Ft
$334/mo HOA Fee

Last Sold August 09, 2024

Last sale price $111,000 $112 Per Sq Ft

Current estimated payment $1,120/month

128 Days on Market

Highlights

  • Senior Community
  • Clubhouse
  • Guest Parking
  • Canal View
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of August 2024

Welcome to your dream condo in Margate, FL! This delightful 2 bedroom, 2 full bathroom condo offers a serene second-story location within an active 55+ community. Retreat to the spacious master bedroom, complete with an en suite bathroom. A second full guest bath ensures convenience for visitors. Step out onto the large lanai, where you can soak in breathtaking views of the lush community garden below. Enjoy resort-style amenities such as 2 swimming pools, a sprawling sunbathing deck, a convenient bathhouse, and a BBQ area perfect for gatherings. Keep active in the community exercise room or unwind with a book in the library. Engage in friendly competition in the billiards room or join in the weekly excitement of Bingo at the auditorium. This condo offers a lifestyle of leisure!

Last Agent to Sell the Property

Michael Palencar

EXP Realty LLC License #3462667 Listed on: 04/02/2024

EXP Realty LLC

Last Buyer's Agent

Daniel Contreras

Keller Williams Realty Consultants License #3590007

Keller Williams Realty Consultants

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,721

Year Built

  • Built in 1974

Lot Details

  • 1,133

HOA Fees

  • $334 Monthly HOA Fees

Property Views

  • Canal
  • Garden

Interior Spaces

  • 990 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Decorative Fireplace
  • Single Hung Metal Windows

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Assigned Parking

Schools

  • Bowman Ashe/Doolin K-8 Academy Elementary School
  • Margate Middle School
  • Coconut Crk High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $4,002
  • Assessor Parcel Number 484135gm0110

Community Details

Overview

  • Senior Community
  • Association fees include common areas, cable TV, ground maintenance, maintenance structure, roof, sewer, trash, water
  • Oriole Gardens Phase 1 Subdivision

Amenities

  • Clubhouse
  • Game Room
  • Billiard Room
  • Community Library
  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,721

Year Built

Built in 1974

Lot Details

0

HOA Fees

$334 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Atlantic Ave west of 441, Right on NW 76th Ave, Right on NW 5th PL. 2nd building on the right.
  • Year Built: 1974
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Fireplace, Custom Mirrors, Tub Shower
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Decorative
  • Flooring: Laminate, Tile
  • Living Area: 990.0
  • Dining Room Type: Storage Room
  • Stories: 2
  • Window Features: Metal, Single Hung

Exterior Features

  • View: Canal, Garden
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Disclosures: Foreign Seller
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 334.0
  • Community Features: Clubhouse, Game Room, Non-Gated
  • Senior Community: Yes
  • Amenities: Billiard Room, Clubhouse, Laundry, Library, Storage
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds, Maintenance Structure, Roof, Sewer, Trash, Water

Schools

  • Elementary School: Bowman Ashe/Doolin K-8 Academy
  • High School: Coconut Crk High
  • Middle Or Junior School: Margate Middle

Lot Info

  • Parcel #: 484135gm0110
  • Zoning Description: -

Rental Info

  • Security Deposit: 4002.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1721.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2024
Sold by
Zapata Ernesto and Cardenas Gladys
Bought by
Cardenas Gladys
Current Estimated Value
$111,210

Purchase Details

Listed on
Apr 2, 2024
Closed on
Jul 30, 2024
Sold by
Nazon Joceline
Bought by
Cardenas Gladys and Zapata Ernesto
Seller's Agent
Michael Palencar
EXP Realty LLC
Buyer's Agent
Daniel Contreras
Keller Williams Realty Consultants
List Price
$130,000
Sold Price
$111,000
Premium/Discount to List
-$19,000
-14.62%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.18%
Original Mortgage
$83,250
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2021
Sold by
Rose Alexandre
Bought by
Nazon Joceline

Purchase Details

Listed on
Sep 29, 2020
Closed on
Nov 13, 2020
Sold by
Trotti Giuseppina
Bought by
Nazon Joceline and Alexandre Rose
Seller's Agent
Philip Rose
Douglas Elliman
List Price
$59,900
Sold Price
$57,000
Premium/Discount to List
-$2,900
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.01%

Purchase Details

Closed on
Nov 29, 2010
Sold by
Trotti Francisco and Trotti Giuseppina
Bought by
Trotti Francesco and Trotti Giuseppina

Purchase Details

Closed on
Feb 10, 2010
Sold by
Trotti Francisco and Trotti Giuseppina
Bought by
Trotti Giuseppe and Trotti Michele

Purchase Details

Closed on
Feb 8, 2006
Sold by
Dier Ruth
Bought by
Trotti Francesco and Trotti Giuseppina

Purchase Details

Closed on
Feb 6, 2006
Sold by
Dier Avril and Zuckerman Sharon Lee
Bought by
Dier Ruth

Purchase Details

Closed on
Jan 7, 1998
Sold by
Dier Ruth
Bought by
Jacobson Avril D and Zuckerman Sharon L
Source: Public Records

Range of Values:

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Average Value
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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
Cardenas Gladys $41,600 None Listed On Document
Cardenas Gladys $111,000 First Choice Title & Escrow
Nazon Joceline -- None Available
Nazon Joceline $57,000 Attorney
Trotti Francesco -- Attorney
Trotti Giuseppe -- Attorney
Trotti Francesco -- Beacon Title Services Inc
Dier Ruth $103,000 Beacon Title Services Inc
Jacobson Avril D $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cardenas Gladys $83,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $111,000 -3.4% $112 / Sq Ft
06/14/2024 06/14/24 Price Changed $114,900 -11.6% $116 / Sq Ft
04/02/2024 04/02/24 For Sale $130,000 +128.1% $131 / Sq Ft
11/16/2020 11/16/20 Sold $57,000 -4.8% $58 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $59,900 -- $61 / Sq Ft
Source: BeachesMLS

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 $2,161 $119,410 $11,940 $107,470
2024 $2,021 $119,410 $11,940 $107,470
2023 $2,021 $64,820 $0 $0
2022 $1,625 $58,930 $0 $0
2021 $1,472 $53,580 $5,360 $48,220
2020 $1,398 $53,460 $5,350 $48,110
2019 $1,301 $47,820 $4,780 $43,040
2018 $1,170 $43,560 $4,360 $39,200
2017 $1,102 $36,760 $0 $0
2016 $979 $33,420 $0 $0
2015 $953 $30,390 $0 $0
2014 $874 $27,630 $0 $0
2013 -- $25,120 $2,510 $22,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10974183

BeachesMLS

APN: 48-41-35-GM-0110