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$312,000

Beds
2
Baths
1.5
sq ft
1,128

5707 NW 85th Ave, Tamarac, FL 33321

5707 NW 85th Ave

Margate, FL 33321

  • 37 days on market
    • Price drop $28,000↓
This cozy home offers 2 bedrooms 1 1/2 baths plus a bonus room. The flooring has tile in the common areas and both bedrooms have a wood laminate. Nicely renovated kitchen with granite countertops and stainless steel appliances. Separate laundry room with large full size washer/dryer. The master bedroom is bright and spacious and offers a private bathroom with a glass shower enclosure. New roof added in 2023. Accordion shutters on all windows. Located in a very quiet 55+ community just steps away from the clubhouse and pool. Local shopping, highways and restaurants are minutes away.

Details

Property type

Single Family Residence

Est. home value

$283,086

Lot size

3,790 sq ft

Price per sq ft

$277

Year built

1971

Annual property taxes

$5,728

Monthly HOA fee

$70

Price History

03/27/2025
SEF

SEF #A11749482

Price change
$312,000
-8.24%
02/09/2025
SEF

SEF #A11749482

Listed
$340,000
-4.23%
12/19/2024
Beaches

Beaches #F10466753

Removed
$355,000

Schools & Community

Elementary school: 

Tamarac

Middle school: 

Silver Lks Middle

High school: 

Taravella

Community features: 

Pool, Clubhouse

Senior community center: 

Yes

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

$142,576
Asking price
$312,000
Closing costs (~8% of asking)
-$24,960
Est. remaining loan balance
-$144,464
Cash to seller
$142,576

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

Seller’s Loan History

Lender

Bankers Mortgage Lending Inc

Loan start date

May 2019

Original loan amount

$162,000

Est. remaining balance

$144,464

Interest rate

4.31%

Loan type

New Conventional, 30 year

Seller

Totty D Morris

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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8200 NW 59th St, Tamarac, FL 33321

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Sold
Beaches
$305,900
2 bd
|
2 ba
|
1,587 sq ft
|
House

8201 NW 59th Ct, Tamarac, FL 33321

Status: Active

Tomo last checked: 03/30/2025 at 9:05 PM

Listing updated: 03/27/2025 at 7:11 AM

Listed by: Catherine Clark, Coldwell Banker Realty Phone #: (305) 931-8266

MLS: SEF #A11749482

SEF logo

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