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$374,000

Beds
2
Baths
1.0
sq ft
1,061

6700 NW 16th St, Margate, FL 33063

6700 NW 16th St

Margate, FL 33063

  • 109 days on market
    • Price drop $25,900↓
Welcome to this beautifully upgraded 1-story home in the desirable Paradise Gardens 55+ community. Nestled on a quiet cul-de-sac, this property offers stunning water views and easy entry-level living with a spacious Florida room. Featuring 2 beds &1 bath, the home boasts a 1-car garage, a 2018 roof, and a host of recent improvements.Enjoy peace of mind with 2024 upgrades, including new windows, hurricane protection, and a refreshed landscape with tree replacement. In 2023, this home received even more modern touches, such as a new AC, flooring, refrigerator, kitchen appliances, ceiling fans, a driveway extension, and an upgraded main water line.Perfect for those seeking comfort, security, and modern living in a tranquil setting! Don't miss the chance to make this your own!

Details

Property type

Single Family Residence

Est. home value

$293,297

Lot size

5,889 sq ft

Price per sq ft

$353

Year built

1971

Annual property taxes

$4,128

Monthly HOA fee

$88

Price History

12/03/2024
Beaches

Beaches #R11018333

Price change
$374,000
-6.48%
09/05/2024
Beaches

Beaches #R11018333

Listed
$399,900
+52.63%
04/18/2023
Beaches

Beaches #F10348921

Sold
$262,000

Schools & Community

Elementary school: 

Margate

Middle school: 

Margate Middle

High school: 

Coconut Crk High

Community features: 

Pool, Clubhouse, Tennis Court(s)

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

$185,080
Asking price
$374,000
Closing costs (~8% of asking)
-$29,920
Est. remaining loan balance
-$159,000
Cash to seller
$185,080

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

Seller’s Loan History

Lender

Change Lending Llc

Loan start date

April 2023

Original loan amount

$162,000

Est. remaining balance

$159,000

Interest rate

6.65%

Loan type

New Conventional, 30 year

Seller

David W Klingler

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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Price drop
Beaches
$380,000
2 bd
|
2 ba
|
1,123 sq ft
|
House

1655 NW 69th Ave, Margate, FL 33063

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Beaches
$399,999
2 bd
|
2 ba
|
1,690 sq ft
|
House

1700 NW 70th Ln, Margate, FL 33063

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Beaches
$335,000
2 bd
|
2 ba
|
1,400 sq ft
|
House

6875 NW 17th St, Margate, FL 33063

Status: Active

Tomo last checked: 12/23/2024 at 4:55 AM

Listing updated: 12/18/2024 at 1:45 PM

Listed by: Jeff Tricoli, KW Reserve Palm Beach Phone #: (561) 220-6866

MLS: Beaches #R11018333

Beaches logo

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