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Margate No HOA, 1624 E River Dr, Margate, FL, Florida 33063

2Beds
1Baths
975SqFt

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Details

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Status:
Active
Parking: 1
Size: 975 SqFt (91 m2)
Price: $390/SqFt ($4,195/m2)
Type: Single Family Home
Built: 1959
MLS Number: A11935605
View: Other
On Site: 19 Days
Updated: 11 Days ago
Page Views: 0
Prime Investment Opportunity! This Single-family Residence Presents A High-yield Opportunity For Savvy Investors Looking To Capitalize On The Robust Margate Rental Market. Situated On A Generous 7,998 Square Foot Lot, This Property Offers The Ideal Footprint For A "buy-and-hold" Strategy Or A Strategic Value-add Renovation. The Home Currently Features A Functional 2-bedroom, 1-bathroom Layout. the Location Is A Major Draw For Long-term Equity Growth, Nestled In A Quiet Residential Pocket With No Hoa Restrictions, Allowing For Maximum Flexibility In Management And Leasing. The Property Is Ideally Positioned Near Major South Florida Thoroughfares, Local Parks, And Shopping Hubs, Ensuring Low Vacancy Rates And High Tenant Demand. Whether You Are Looking To Fix-and-flip In A Neighborhood Where Renovated Homes Are Commanding Premium Prices Or Seeking A Steady Cash-flowing Asset To Add To Your Portfolio.
Open House

Sunday, January 18

4:00 PM to 7:00 PM

Features
Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: FruitTrees,Other
  • View: Other
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FirstFloorEntry
  • Equipment / Appliances: ElectricRange, Microwave, Refrigerator
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Other
  • Year Built: 1959
  • Year Built Description: Resale
  • Style: Detached,Other
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
  • Elementary School: Margate Elem
  • Middle School: Margate Middle
  • Senior High School: Coconut Crk High
Other Property Info
  • Garage: 1
  • Listing Date: 2025-12-26T20:09:13.000-00:00
  • Directions: North
Taxes, Fees & More
  • Taxes: 5795
  • Parking Description: Other

Apples-to-Apples Comparables

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Price History

12/26/2025

Date

Listed

Event

$380K

Price

$390 ft2 / $4,195 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Keily BerriosLuxe Properties • Buyer Agency Compensation .

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