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$519,997

Beds
4
Baths
2.5
sq ft
1,639

6217 Mohawk Ter, Margate, FL 33063

6217 Mohawk Ter

Margate, FL 33063

  • 7 days on market
    • Open house Apr 05
Amazing location! Those familiar with this area know what a hidden gem this home is. Gated Coral Bay is one of the most affordable and sought-after communities in Margate, offering an exceptional lifestyle. Within Indian Key, 4-bedroom homes are rare--but this one has it all!Move-in ready & designed for comfort! This exquisite two-story home features 4 bedrooms, 2.5 bathrooms, and a 2-car garage, spanning nearly 1,700 sq. ft. Step inside to a bright and open floor plan featuring an elegant kitchen with wood cabinetry, granite countertops, and stainless-steel appliances. The first floor boasts sleek tile flooring, while the stairs and second floor feature beautiful wood laminate.

Details

Property type

Single Family Residence

Est. home value

$487,549

Lot size

3,009 sq ft

Price per sq ft

$318

Year built

1995

Annual property taxes

$8,076

Monthly HOA fee

$15

Price History

03/26/2025
Beaches

Beaches #R11075689

Listed
$519,997
+48.61%
12/04/2020
Beaches

Beaches #F10252653

Sold
$349,900

Schools & Community

Elementary school: 

Margate

Middle school: 

Margate Middle

High school: 

Coral Springs

Community features: 

Pool, Clubhouse, Gated, 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

$167,785
Asking price
$519,997
Closing costs (~8% of asking)
-$41,600
Est. remaining loan balance
-$310,612
Cash to seller
$167,785

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

December 2020

Original loan amount

$343,561

Est. remaining balance

$310,612

Interest rate

2.81%

Loan type

FHA, 30 year

Seller

Edgard Rivera Morales and Yilsette Erazo Morales

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: 04/02/2025 at 5:10 AM

Listing updated: 03/27/2025 at 10:56 PM

Listed by: Celmarie Aviles Rios, LPT Realty Phone #: (877) 366-2213

MLS: Beaches #R11075689

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