RENTED OCT 29, 2025

850 SW 55th Terrace Margate, FL 33068

Margate Estates Neighborhood

Estimated Value: $558,000 - $570,000

1 Bed
1 Bath
1,885 Sq Ft
0.27 Acres

Last Sold November 22, 2023

Last sale price $560,000 $297 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,926/month

About This Home

As of October 2025

Live where convenience meets comfort! This cozy yet stylish Margate efficiency unit offers modern touches, a private bathroom, washer & dryer, and utilities included. Nestled in the heart of Margate, enjoy proximity to beaches, parks, shopping & dining! Landlord requires first month, last month, and security deposit. Don’t miss out on this cozy retreat—schedule your private showing through ShowingTime today. Rapid approval—move in and start enjoying your new home right away!

Last Agent to Rent the Property

Judee Roundtree

Align Right Realty K1 Group License #3546931 Listed on: 08/30/2025

Align Right Realty K1 Group

Co-Listed By

Sandra Piquant

Align Right Realty K1 Group License #3405345

Last Renter's Agent

Fareed Farraj

Elite Dream Realty License #3378733

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1977

Lot Details

  • 0.27

Parking

  • 1 Car Parking Space

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,885 Sq Ft Home
  • 1-Story Property
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Schools

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

Listing and Financial Details

  • Property Available on 9/1/25
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 494206180750

Community Details

Overview

  • No Home Owners Association
  • Serino Park Sec 3 Condos
  • Serino Park Sec 3 Subdivision

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1977

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2025-09-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1977
  • Property Sub Type: Efficiency
  • Co List Office Mls Id: ARRK01
  • Co List Office Phone: 754-701-4155
  • Directions: Turn left on US-441 N/FL-7 / S State Road 7, right onto SW 8th Ct, and right onto SW 55th Terrace. The property ison the left.
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Apartments-Annual, Efficiency
  • Subdivision Name: SERINO PARK SEC 3
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • LastStatus: Pending
  • CurrentPrice: 2000
  • InternetRemarks: This cozy yet stylish Margate efficiency unit offers modern touches, a private bathroom, a washer & dryer, and utilities included. Rapid approval!
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Unfurnished
  • Living Area: 1885
  • Stories: 1
  • Bedroom Features: Entry Level, Primary Bath Shower

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SERINO PARK SEC 3
  • Parking Features: 1 Space, Limited # Of Vehicle

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel Number: 494206180750
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 11794
  • Zoning: R-1B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Nov 20, 2023
Sold by
Cyndi L Fargo Living Trust
Bought by
Edison Louis and Edison Emmanuella Lozier
Seller's Agent
Sandra Piquant
Align Right Realty K1 Group
Buyer's Agent
Brian Liscio
Realty 100
List Price
$635,000
Sold Price
$560,000
Premium/Discount to List
-$75,000
-11.81%
Views
138
Current Estimated Value
$555,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,122
Avg. Annual Appreciation
0.31%
Original Mortgage
$549,857
Outstanding Balance
$538,527
Interest Rate
7.57%
Mortgage Type
FHA
Estimated Equity
$25,303

Purchase Details

Closed on
Jan 16, 2020
Sold by
Fargo Cyndi
Bought by
Fargo Cyndia L and The Cyndi L Fargo Living Trust

Purchase Details

Closed on
Sep 14, 2007
Sold by
Balter James P
Bought by
Fargo Cyndi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1983
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Edison Louis $560,000 Title Service And Escrow
Fargo Cyndia L -- None Available
Fargo Cyndi $315,000 Barrister Title Services Inc
Available Not $57,793 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edison Louis $549,857
Previous Owner Fargo Cyndi $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2025 10/29/25 Under Contract -- -- --
10/27/2025 10/27/25 Rented $2,000 0.0% --
09/30/2025 09/30/25 Price Changed $2,000 +17.6% $1 / Sq Ft
08/30/2025 08/30/25 For Rent $1,700 +6.3% --
08/01/2024 08/01/24 Rented $1,600 0.0% --
07/18/2024 07/18/24 Under Contract -- -- --
06/20/2024 06/20/24 For Rent $1,600 +6.7% --
02/19/2024 02/19/24 Rented $1,500 -6.3% --
01/22/2024 01/22/24 Price Changed $1,600 -3.0% $1 / Sq Ft
01/01/2024 01/01/24 For Rent $1,650 0.0% --
11/22/2023 11/22/23 Sold $560,000 -6.5% $297 / Sq Ft View Prior Sale
09/29/2023 09/29/23 Price Changed $599,000 -5.7% $318 / Sq Ft
09/13/2023 09/13/23 For Sale $635,000 -- $337 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2026 $12,431 $570,480 $47,180 $523,300
2025 $11,298 $505,980 $47,180 $458,800
2024 $3,308 $505,980 $47,180 $458,800
2023 $3,308 $184,060 $0 $0
2022 $3,245 $178,700 $0 $0
2021 $3,153 $173,500 $0 $0
2020 $3,098 $171,110 $0 $0
2019 $3,038 $167,270 $0 $0
2018 $6,342 $334,110 $47,180 $286,930
2017 $3,019 $160,790 $0 $0
2016 $2,760 $153,020 $0 $0
2015 $2,732 $147,120 $0 $0
2014 $2,515 $141,610 $0 $0
2013 -- $161,110 $35,380 $125,730
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2025

    Judee Roundtree

    Align Right Realty K1 Group

    (561) 305-9133

    2 Total Sales

    Judee Roundtree
    Section Image
  • Sandra Piquant

    Landlord's Co-Listing Agent in 2025

    Sandra Piquant

    Align Right Realty K1 Group

    (954) 613-7131

    1 in this area

    93 Total Sales

    Sandra Piquant
    Section Image

  • F

    Tenant's Agent in 2025

    Fareed Farraj

    Elite Dream Realty

    (561) 880-1109

    35 Total Sales

    Fareed Farraj
    Section Image

  • B

    Buyer's Agent in 2023

    Brian Liscio

    Realty 100

    (786) 953-5870

    1 in this area

    67 Total Sales

    Brian Liscio
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11869396

MIAMI REALTORS® MLS

APN: 49-42-06-18-0750

Florida Broward County Margate 33068 Margate Estates

850 SW 55th Terrace, Margate, FL

Not Listed for Sale

Condos

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