tomo logo

$520,000

Beds
3
Baths
2.0
sq ft
1,812

5361 SW 7th St, Margate, FL 33068

5361 SW 7th St

Margate, FL 33068

  • 6 days on market
This beautifully renovated 3-bedroom, 2-bathroom home offers breathtaking lake views and modern upgrades throughout. The kitchen features wood cabinets, granite countertops, and stainless-steel appliances. Enjoy stunning sunrises and sunsets from the spacious wooden deck, perfect for outdoor relaxation. The garage has been converted into a comfortable third bedroom with AC and a closet. For added peace of mind, the home is equipped with impact windows and a brand-new roof installed in 2024. Located in a community with a pool, racquetball, and tennis courts, but no HOA approval required. Close to Soccer field, shopping and restaurant.

Details

Property type

Single Family Residence

Est. home value

$491,829

Lot size

6,931 sq ft

Price per sq ft

$287

Year built

1975

Annual property taxes

$8,958

Monthly HOA fee

$21.83

Price History

02/16/2025
Beaches

Beaches #F10487287

Listed
$520,000
+98.85%
03/27/2017
Beaches

Beaches #F10044909

Sold
$261,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, 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

$328,115
Asking price
$520,000
Closing costs (~8% of asking)
-$41,600
Est. remaining loan balance
-$150,285
Cash to seller
$328,115

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

September 2019

Original loan amount

$216,100

Est. remaining balance

$150,285

Interest rate

3.05%

Loan type

New Conventional, 15 year

Seller

Ronald Doret

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?

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Status: Active

Tomo last checked: 02/22/2025 at 5:35 PM

Listing updated: 02/16/2025 at 4:35 PM

Listed by: Manon Nadeau, Century 21 Tenace Realty Inc Phone #: (954) 755-2100

MLS: Beaches #F10487287

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