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$640,000

Beds
4
Baths
2.5
sq ft
2,036

2865 NW 68th Ln, Margate, FL 33063

2865 NW 68th Ln

Margate, FL 33063

  • <1 day on market
Large, beautiful home located in the heart of Margate with vaulted ceilings. This house is nestled in the desirable Coral Lakes Estate Community. Boasting four bedrooms, 2.5 baths, and a car garage with a picturesque lake view, this home is a haven of comfort for a large family. The new roof and impact windows add to the feeling of security. Conveniently located near schools, highways, and shops, this home is a perfect retreat. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$565,262

Lot size

6,433 sq ft

Price per sq ft

$315

Year built

1993

Annual property taxes

$6,988

Monthly HOA fee

$70

Price History

01/07/2025
SEF

SEF #A11718885

Listed
$640,000
+12.28%
01/19/2024
SEF

SEF #A11472639

Sold
$570,000
+0.88%
11/17/2023
SEF

SEF #A11472639

Pending
$565,000
+59.15%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$37,444
Asking price
$640,000
Closing costs (~8% of asking)
-$51,200
Est. remaining loan balance
-$551,356
Cash to seller
$37,444

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

January 2024

Original loan amount

$556,776

Est. remaining balance

$551,356

Interest rate

7.22%

Loan type

FHA, 30 year

Seller

Milo Michel

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/22/2025 at 10:50 AM

Listing updated: 01/21/2025 at 4:54 PM

Listed by: Darline Ulcena, Florida Capital Realty Phone #: (786) 953-5870

MLS: SEF #A11718885

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