Enjoy Maintenance- free living and tailored senior activities. Moving ready seller motivated. 2nd floor 2 bed, 2 bath unit in a 55+ community. Wonderful amenities, spacious layout and accessibility make it ideal. Association confirms this is a 55+ community and requires 700+ credit score, income of $25.000-$30.000 Minimum DP of 20% and buyer is required to make a security deposit equal to 6 month of maintenance fee to be held in escrow for 18 months. Community has great amenities and a great location. Close to shopping n banking public. Schedule your viewing No Rental is allow B #53
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1974
Living Area: 990 SqFt
Listing Office:
Office Name: Fortune Christie's International Real Estate
Office Phone: (305) 400-6393
Listing Agent: Irlande Sanon
Interior Features
Interior Information:
Appliances: Dishwasher
Flooring Type: Other
Interior: Bedroom on Main Level, First Floor Entry
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,141
Per Month
Principal & Interest
$624
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$450
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$441
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Atlantic West Elementary School
301 NW 69th Ter
Distance between this listing and this school0.78 miles
Public Magnet Grades PK-5
5
/10
Morrow Elementary School
408 SW 76th Ter
Distance between this listing and this school0.83 miles
Public District Grades PK-5
8
/10
Ramblewood Elementary School
8950 Shadow Wood Blvd
Distance between this listing and this school1.15 miles
Public District Grades KG-5
Nearby Schools
6
/10
Ramblewood Middle School
8505 W Atlantic Blvd
Distance between this listing and this school0.47 miles
Public District Grades 6-8
4
/10
Margate Middle School
500 NW 65th Ave
Distance between this listing and this school1.24 miles
Public Magnet Grades 6-8
5
/10
Eagles Nest Middle Charter School
201 N University Dr
Distance between this listing and this school1.34 miles
Public Charter Grades 6-8
Nearby Schools
4
/10
Somerset Preparatory Academy Charter High North Lauderdale Campus
7101 Kimberly Blvd
Distance between this listing and this school1.37 miles
Public Charter Grades 9-12
2
/10
Ascend Career Academy
5251 Coconut Creek Pkwy
Distance between this listing and this school2.20 miles
Public Charter Grades 9-12
1
/10
Suned High School of North Broward
1117 Banks Rd
Distance between this listing and this school2.28 miles
The neighbors living near this home have an average income of $27,017. The majority of Margate, FL residents have income less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 601 NW 78th Ter Unit 201
What is the listing price of this property?
The listing price of 601 NW 78th Ter Unit 201 property is $125,000.
What type of property is this?
The property 601 NW 78th Ter Unit 201 is a condo located in Margate, Florida, 33063.
Is this property for sale now?
Active Listing: 601 NW 78th Ter Unit 201 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 601 NW 78th Ter Unit 201 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 601 NW 78th Ter Unit 201 is 990 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 601 NW 78th Ter Unit 201 is 1974.
This home is located at 601 NW 78th Ter Unit 201 in Margate, FL and zip code 33063 in the Oriole Golf and Tennis Club neighborhood. This 990 square foot home was built in 1974. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 11, 2024 and is currently priced at $125,000.
While more than 4 listings in Margate, FL in October 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 18 were sold below. In October 2024 in Margate, FL there were 1.4% more homes for sale than in September 2024. While the average time on the market in October 2024 was 62 days, the median list price was $349,283.
From Rocket Homes Real Estate and based on county public records data.