1624 E River Dr, Margate, FL 33063

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
1624 E River Dr,Margate, FL 33063
$380,000
  • 2 Beds
  • 1 Baths
  • 975 sq. ft.
  • Single family
  • Active
Listed by: keily berrios, nestor palacios
Office: luxe properties
MLS#:A11935605
Source:SEFMLS

Price summary

  • Price:$380,000
  • Price per sq. ft.:$233.7

About this home

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.

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Home facts

  • Year built:1959
  • Listing ID #:A11935605
  • Updated:December 27, 2025 at 02:55 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:975 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Shingle
  • Year built:1959
  • Building area:975 sq. ft.
  • Lot area:0.18 Acres

Schools

  • High school:Coconut Crk High
  • Middle school:Margate Middle
  • Elementary school:Margate Elem

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$380,000
  • Price per sq. ft.:$233.7
  • Tax amount:$5,795 (2025)
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