850 SW 55th Way Margate, FL 33068
Margate Estates NeighborhoodEstimated payment $2,840/month
Highlights
- Outdoor Pool
- Den
- Tile Flooring
- No HOA
- Porch
- 1-Story Property
About This Home
Nestled on a quiet cul-de-sac, this 3-bedroom, 2-bath home offers space, potential, and desirable features for buyers ready to make it their own. The property boasts a converted garage that adds flexible living or workspace options, along with a refreshing pool perfect for Florida’s sunny days. A generous front and back yard provide plenty of room for outdoor activities, gardening, or future enhancements. Inside, the layout is functional and inviting, with ample natural light and comfortable room sizes. While the home could benefit from some updates and repairs, it presents an excellent opportunity for customization, whether you’re an investor seeking value or a homeowner eager to create your dream space. With its combination of location, lot size, and amenities, this property is a rare find that’s ready for vision and TLC.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,142
Year Built
- Built in 1977
Lot Details
- 0.26 Acre Lot
- West Facing Home
- Property is zoned R-1B
Home Design
- Wood Shingle Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 1,886 Sq Ft Home
- 1-Story Property
- Den
Flooring
- Tile
- Terrazzo
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Carport Spaces
- Driveway
- Open Parking
Outdoor Features
- Outdoor Pool
- Porch
Schools
- Liberty Elementary School
- Margate Middle School
- Coconut Crk High School
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Serino Park Sec 3 Subdivision
Listing and Financial Details
- Assessor Parcel Number 494206180690
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,317 | $393,750 | -- | -- |
| 2024 | $7,732 | $393,750 | -- | -- |
| 2023 | $7,732 | $325,420 | $0 | $0 |
| 2022 | $6,992 | $295,840 | $0 | $0 |
| 2021 | $6,305 | $268,950 | $0 | $0 |
| 2020 | $5,791 | $267,470 | $45,770 | $221,700 |
| 2019 | $5,432 | $257,980 | $45,770 | $212,210 |
| 2018 | $4,868 | $251,770 | $45,770 | $206,000 |
| 2017 | $4,330 | $183,710 | $0 | $0 |
| 2016 | $3,871 | $167,010 | $0 | $0 |
| 2015 | $3,825 | $159,110 | $0 | $0 |
| 2014 | $1,946 | $116,810 | $0 | $0 |
| 2013 | -- | $117,940 | $34,330 | $83,610 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/08/2025 12/08/25 | For Sale | $395,000 | -- | $209 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $130,000 | Consumer Title Services Llc | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $112,900 | -- | |
| Warranty Deed | $125,000 | -- | |
| Quit Claim Deed | $100 | -- | |
| Warranty Deed | $117,000 | -- | |
| Warranty Deed | $114,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $163,800 | Purchase Money Mortgage | |
| Previous Owner | $103,896 | FHA | |
| Previous Owner | $118,750 | New Conventional | |
| Previous Owner | $77,000 | No Value Available | |
| Previous Owner | $103,400 | No Value Available |
Source: MIAMI REALTORS® MLS
MLS Number: A11927314
APN: 49-42-06-18-0690
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