ParkingAssigned, Detached Carport, Guest, One Space
Year Built1980
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
ViewGarden
MLS #A11561676
StatusActive
About 7561 NW 1st St Unit 208
Welcome to your serene oasis! This stunning corner unit condo boasts the perfect blend of comfort and luxury in a 55+ community. With 2 bedrooms, 2 bathrooms, and an expansive balcony offering breathtaking garden and lake views. Step inside to discover the allure of stainless steel appliances, granite countertops, sleek laminated floors, modern and beautiful bathrooms and convenient built-in closets, enhancing both style and functionality. Bathed in natural light due to its privilaged corner position with only one neighbor on the side, this sun-soaked sanctuary invites you to unwind in tranquility. Noteworthy for first-time homebuyers, this property offers a rare opportunity allowing for financing with just a 3% down payment and with only 5% down poayment for other buyers.
Property Details
Property Features
Property Information:
Architectural Style: Garden Apartment
Year Built: 1980
Living Area: 1,110 SqFt
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (305) 672-6300
Listing Agent: Carlos Herrera
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
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.
$2,043
Per Month
Principal & Interest
$1,298
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)
$678
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
$846
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 school0.33 miles
Public Magnet Grades PK-5
5
/10
Morrow Elementary School
408 SW 76th Ter
Distance between this listing and this school0.61 miles
Public District Grades PK-5
5
/10
North Lauderdale PK-8 School
7500 Kimberly Blvd
Distance between this listing and this school1.12 miles
Public District Grades PK-5
Nearby Schools
4
/10
Margate Middle School
500 NW 65th Ave
Distance between this listing and this school0.85 miles
Public Magnet Grades 6-8
6
/10
Ramblewood Middle School
8505 W Atlantic Blvd
Distance between this listing and this school0.94 miles
Public District Grades 6-8
5
/10
Somerset Preparatory Academy Charter School at North Lauderdale Campus
7101 Kimberly Blvd
Distance between this listing and this school0.98 miles
Public Charter Grades KG-8
Nearby Schools
4
/10
Somerset Preparatory Academy Charter High North Lauderdale Campus
7101 Kimberly Blvd
Distance between this listing and this school0.98 miles
Public Charter Grades 9-12
2
/10
Ascend Career Academy
5251 Coconut Creek Pkwy
Distance between this listing and this school1.90 miles
Public Charter Grades 9-12
1
/10
Suned High School of North Broward
1117 Banks Rd
Distance between this listing and this school1.94 miles
The neighbors living near this home have an average income of $39,133. The most common annual income of people living in Margate, FL is less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7561 NW 1st St Unit 208
What is the listing price of this property?
The listing price of 7561 NW 1st St Unit 208 property is $260,000.
What type of property is this?
The property 7561 NW 1st St Unit 208 is a condo located in Margate, Florida, 33063.
Is this property for sale now?
Active Listing: 7561 NW 1st St Unit 208 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 7561 NW 1st St Unit 208 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 7561 NW 1st St Unit 208 is 1,110 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 7561 NW 1st St Unit 208 is 1980.
This home is located at 7561 NW 1st St Unit 208 in Margate, FL and zip code 33063 in the Oriole neighborhood. This 1,110 square foot home was built in 1980. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $260,000.
Margate, FL housing market in November 2024 saw over 3 listings sold above listed price, more than 8 sold at listed price and over 10 sold below. Between October 2024 and November 2024, Margate, FL real estate market has seen increase in the number of listings by 7.4%. Listings spent 58 days on the market in November 2024, and had a median list price of $350,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.