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Backup Offers

1505 E River Dr, Margate, FL, 33063

$499,999

Home List Price

$5,937*

Closing Credit

3 Bedrooms
2 Full Baths
1,261 SqFt
$397/SqFt
House

Location

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1505 E River Dr, Margate$499,999

Buyer Closing Credits

$5,937*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport, Circular Driveway, Covered
Year Built1961
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
WaterfrontRiver Front
ViewPool, River
MLS #A11667872
StatusAccepting Backup Offers
(Active Under Contract)

About 1505 E River Dr

Riverside Oasis in Margate, FL! Discover your dream home on the Stranahan River! Charming 3 bed 2 bath SFH offers a blend of comfort and space. Updated essential systems like water heater and AC, convection flat-top range, open living area to accommodate the modern "work from home" lifestyle or raising the growing family. Floor plan is 3 bedroom currently used as 2 bed with larger master suite. Covered carport, expansive circular driveway with plenty of guest parking, screened rear patio and in-ground pool, fenced tree lined lot that's over 1/4 acre with one the most coveted locations on the River. Primed for personalization and offers immediate comfort and exciting potential. Don't miss this chance to own a slice of Florida paradise with a BREATHTAKING view that will soothe your soul!

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1961
  • Stories: 1
  • Living Area: 1,261 SqFt

Listing Office:

  • Office Name: Lifestyles Luxury Living
  • Office Phone: (954) 227-3970
  • Listing Agent: Michael Zeoli

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Flooring Type: Ceramic Tile
  • Interior: Bedroom on Main Level, First Floor Entry, Kitchen/Dining Combo, Living/Dining Room, Stacked Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: River Front
  • View: Pool, River
  • Exterior: Fence, Patio, Shed, Storm/Security Shutters

Parking Information:

  • Parking: Attached Carport, Circular Driveway, Covered

Virtual/3D Tour

  • Virtual Tour: 1505 E River Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Sprinklers

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,999
  • Price Per SqFt: $397/SqFt

Tax Information:

  • Annual Amount: $2,706
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Margate, FL.

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Margate, FL

City

Med. Sold Price

$349.2K

Med. Price/SqFt

$254

Avg. Days On Market

62

# of Sold Homes

28

1505 E River Dr vs Margate

44 DAYS ON ROCKET

-18 Days

$499,999

+$150.7K More

$397/SqFt

+$143 More

KEY TAKEAWAY

This property is $150.7K more than the Median Sold Price and $143/SqFt more than other homes in Margate, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11667872

Listing Office:

  • Office Name: Lifestyles Luxury Living
  • Office Phone: (954) 227-3970
  • Listing Agent: Michael Zeoli

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 1:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,706$153,190
2019$2,488$149,750
2018$2,458$146,960
2017$2,458$143,940

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-331240
6
/10

  • Margate Elementary School

  • 6300 NW 18th St

  • 0.45 miles

  • Public District Grades KG-5

school-card-donut-331241
6
/10

  • Liberty Elementary School

  • 2450 Banks Rd

  • 1.05 miles

  • Public Magnet Grades KG-5

school-card-donut-331242
4
/10

  • Atlantic West Elementary School

  • 301 NW 69th Ter

  • 1.32 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,910. The majority of Margate, FL residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1505 E River Dr

What is the listing price of this property?

The listing price of 1505 E River Dr property is $499,999.

What type of property is this?

The property 1505 E River Dr is a house located in Margate, Florida, 33063.

Is this property for sale now?

Accepting Backup Offers: 1505 E River Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,706 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1505 E River Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1505 E River Dr is 1,261 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1505 E River Dr is 1961.

Rocket Homes›Florida›Broward County›Margate›33063›1505 E River Dr

This home is located at 1505 E River Dr in Margate, FL and zip code 33063. This 1,261 square foot home was built in 1961. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $499,999.

In October 2024, from all listings sold in Margate, FL there were more than 4 sold above asking price, over 18 sold below and more than 6 were sold right at the asked price. Between September 2024 and October 2024, Margate, FL real estate market has seen increase in the number of listings by 1.4%. In October 2024 median list price was $349,283 and the average listing age was 62 days.

From Rocket Homes Real Estate and based on county public records data.

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