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$382,500

Beds
2
Baths
2.0
sq ft
1,587

6880 NW 16th St, Margate, FL 33063

6880 NW 16th St

Margate, FL 33063

  • <1 day on market
Excellent Condition This home is in impeccable condition and well maintained, and ready for its new owners. Updated spacious lot, and prime location, Water Views truly offers the best of both comfort and convenience. It’s easy to show, so don’t miss the chance to make this wonderful home yours! The home is fitted with impact-resistant windows, ensuring safety and protection against the elements. New Air Conditioning Unit Garage Door Opener Freshly Painted Tile Flooring Throughout Newer Roof Newer Stainless Steel Appliances Walking Distance to Clubhouse This is a must see!

Details

Property type

Single Family Residence

Est. home value

$339,556

Lot size

5,767 sq ft

Price per sq ft

$242

Year built

1971

Annual property taxes

$4,574

Monthly HOA fee

$72

Price History

03/04/2025
Beaches

Beaches #F10489863

Listed
$382,500
+12.5%
06/05/2023
Beaches

Beaches #F10379056

Sold
$340,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse

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

$35,178
Asking price
$382,500
Closing costs (~8% of asking)
-$30,600
Est. remaining loan balance
-$316,722
Cash to seller
$35,178

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

Seller’s Loan History

Lender

Trustone Financial Cu

Loan start date

June 2023

Original loan amount

$323,000

Est. remaining balance

$316,722

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Steven R Grayes and Renee M Grayes

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: 03/04/2025 at 8:15 PM

Listing updated: 03/04/2025 at 6:20 PM

Listed by: Jon Kroll, Kroll Realty Company Phone #: (954) 771-7200

MLS: Beaches #F10489863

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