tomo logo

$625,000

Beds
3
Baths
2.0
sq ft
1,738

4980 SW 8th Ct, Margate, FL 33068

4980 SW 8th Ct

Margate, FL 33068

  • <1 day on market
This beautifully updated home in Margate, FL, showcases a modern and stylish design with high-end finishes throughout. Brand-new French Oak wood floors consistently through the entire house. A fully renovated kitchen with new appliances, quartz countertops with an island, and ample storage. Smart home upgrades include Wi-Fi-connected ceiling fans, a new thermostat, with ring cameras & alarm system. Both bathrooms have been remodeled. 2017 roof, a new air conditioner, & a tankless water heater for efficiency. Outdoor amenities include 2 pergolas, a pool with a new pump and outdoor shower, & backyard fully paved for entertaining. Additional upgrades include impact doors and windows, plantation shutters, recessed lighting, & a stackable washer/dryer. Located minutes to parks & restaurants.

Details

Property type

Single Family Residence

Est. home value

$499,058

Lot size

7,214 sq ft

Price per sq ft

$360

Year built

1974

Annual property taxes

$7,842

Monthly HOA fee

$13

Price History

01/31/2025
Beaches

Beaches #F10484102

Listed
$625,000
+35.87%
04/27/2022
Beaches

Beaches #R10780818

Sold
$460,000
+92.47%
04/19/2017
Beaches

Beaches #F10048739

Sold
$239,000

Schools & Community

Elementary school: 

Liberty (Broward)

Middle school: 

Margate Middle

High school: 

Coconut Crk High

Community features: 

Pool, Clubhouse, Street Lights, Sidewalks, Tennis Court(s)

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

$167,112
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$407,888
Cash to seller
$167,112

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

Seller’s Loan History

Lender

Pentagon Fcu

Loan start date

April 2022

Original loan amount

$430,000

Est. remaining balance

$407,888

Interest rate

3.85%

Loan type

VA, 30 year

Seller

Stevie Cook

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: 01/31/2025 at 10:00 PM

Listing updated: 01/31/2025 at 9:36 PM

Listed by: John Tomlinson, REDFIN CORPORATION Phone #: (813) 518-8756

MLS: Beaches #F10484102

Beaches logo

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