7 months on rocket

7561 NW 1st St Unit 208, Margate, FL, 33063

$260,000

Home List Price

$3,088*

Closing Credit

2 Bedrooms
2 Full Baths
1,110 SqFt
$234/SqFt
Condo

Location

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7561 NW 1st St Unit 208, Margate$260,000

Buyer Closing Credits

$3,088*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
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
  • Flooring Type: Laminate
  • Interior: Closet Cabinetry, Entrance Foyer, Living/Dining Room, Skylights, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Balcony, Storm/Security Shutters

Parking Information:

  • Parking: Assigned, Detached Carport, Guest, One Space

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $260,000
  • Price Per SqFt: $234/SqFt

HOA Fees:

  • Amount: $678
  • Frequency: Monthly
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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

7561 NW 1st St Unit 208 vs Margate

231 DAYS ON ROCKET

+169 Days

$260,000

-$89.2K Less

$234/SqFt

-$20 Less

KEY TAKEAWAY

This property is $89.2K less than the Median Sold Price and $20/SqFt less than other homes in Margate, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11561676

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 672-6300
  • Listing Agent: Carlos Herrera

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: 11/22/2024, 4:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,043

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$846

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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.

Nearby Schools

school-card-donut-515387
4
/10

  • Atlantic West Elementary School

  • 301 NW 69th Ter

  • 0.33 miles

  • Public Magnet Grades PK-5

school-card-donut-515388
5
/10

  • Morrow Elementary School

  • 408 SW 76th Ter

  • 0.61 miles

  • Public District Grades PK-5

school-card-donut-515389
5
/10

  • North Lauderdale PK-8 School

  • 7500 Kimberly Blvd

  • 1.12 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,133. Residents of Margate, FL typically earn less than $35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

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.

Rocket Homes›Florida›Broward County›Margate›33063›7561 NW 1st St Unit 208

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.

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. The inventory of homes for sale in Margate, FL between September 2024 and October 2024 increased by 1.4%. Listings spent 62 days on the market in October 2024, and had a median list price of $349,283 during the same period.

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

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