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$445,000

Beds
3
Baths
2.0
sq ft
1,175

5561 SW 6th Ct, Margate, FL 33068

5561 SW 6th Ct

Margate, FL 33068

  • 9 days on market
Step into homeownership with this beautifully updated 3-bedroom, 2-bathroom home in Margate Estates—with no HOA! The bright and airy living space features a cozy fireplace, while the updated kitchen boasts granite countertops, upgraded appliances, and a spacious pantry/laundry room for extra storage. Mostly tile flooring throughout, with laminate in the primary bedroom and laundry room. Recent updates include a new A/C, water heater, upgraded electric panel, and new well sprinkler pump. The large fenced yard offers plenty of space for outdoor fun or a future pool. A double driveway provides parking for up to six cars. A perfect starter home—don’t miss this opportunity.

Details

Property type

Single Family Residence

Est. home value

$375,063

Lot size

6,507 sq ft

Price per sq ft

$379

Year built

1959

Annual property taxes

$7,118

Price History

02/13/2025
Beaches

Beaches #F10486253

Listed
$445,000
+4.22%
03/29/2024
Beaches

Beaches #R10960032

Sold
$427,000
03/07/2024
Beaches

Beaches #R10960032

Pending
$427,000

Schools & Community

Elementary school: 

Liberty (Broward)

Middle school: 

Margate Middle

High school: 

Coconut Crk High

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

$38,736
Asking price
$445,000
Closing costs (~8% of asking)
-$35,600
Est. remaining loan balance
-$370,664
Cash to seller
$38,736

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

June 2023

Original loan amount

$377,955

Est. remaining balance

$370,664

Interest rate

6.43%

Loan type

VA, 30 year

Seller

Francisco Rosado

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: 02/23/2025 at 1:30 AM

Listing updated: 02/16/2025 at 10:50 AM

Listed by: Julie Harris PA, Century 21 Hansen Realty Inc Phone #: (954) 776-5400

MLS: Beaches #F10486253

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