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$367,000

Beds
2
Baths
2.0
sq ft
1,257

7220 NW 8th Ct, Margate, FL 33063

7220 NW 8th Ct

Margate, FL 33063

  • <1 day on market
Charming 2-Bed, 2-Bath Home in a Tranquil 55+ Community beautifully maintained single-family home, nestled in a peaceful and well-kept 55+ community. This inviting home features tile and laminate flooring throughout, offering both style and easy maintenance. The spacious living area flows seamlessly into a bright and airy kitchen, perfect for entertaining.Enjoy your morning coffee or relax in the evenings on the screened-in patio, providing a serene outdoor retreat. The one-car garage adds convenience and extra storage space.This home is just minutes from shopping, dining, and recreational activities. Don’t miss out on this wonderful opportunity—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$352,000

Lot size

5,478 sq ft

Price per sq ft

$292

Year built

1973

Annual property taxes

$3,633

Monthly HOA fee

$71.33

Price History

03/15/2025
SEF

SEF #A11763331

Listed
$367,000
+103.89%
12/30/2016
Beaches

Beaches #F10039310

Sold
$180,000
+28.57%
04/25/2014
Beaches

Beaches #F1278734

Sold
$140,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Park

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

$129,488
Asking price
$367,000
Closing costs (~8% of asking)
-$29,360
Est. remaining loan balance
-$208,152
Cash to seller
$129,488

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

Seller’s Loan History

Lender

Strong Home Mortgage Llc

Loan start date

April 2022

Original loan amount

$220,000

Est. remaining balance

$208,152

Interest rate

3.76%

Loan type

VA, 30 year

Seller

Garnie C Dunning and Lee G Dunning

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: 03/15/2025 at 5:10 AM

Listing updated: 03/15/2025 at 4:05 AM

Listed by: Tatiana Gillins, London Foster Realty Phone #: (305) 514-0100

MLS: SEF #A11763331

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