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$192,337Estimated home value

Beds
2
Baths
2.0
sq ft
1,110

7561 NW 1st St Unit 208, Margate, FL 33063

7561 NW 1st St Unit 208

Margate, FL 33063

  • Sold On 7/15/2020
HIGHLY SOUGHT AFTER 2nd FLOOR CORNER UNIT IN GREAT CONDITION. lAMINATE WOOD FLOORS IN LIVING ROOM & KITCHEN. CARPETS IN BEDROOM. NEWER KITCHEN, REMODELED MASTER BATH, LARGE SCREENED PATIO, ACCORDIAN HURRICANE SHUTTERS. EAT-IN KITCHEN. WASHER DRYER IN UNIT. GREAT LOCATION. CLOSE TO POOL & WALKING DISTANCE TO PUBLIX, RESTAURANTS & BANKS.
CAN RENT AFTER 1 YEAR. 2 SMALL PETS OK. MONTHLY FEE INCLUDES CABLE WITH HBO, PEST CONTROL & ALL AMENITIES. PLENTY OF GUEST PARKING. IT IS A 55+ COMMUNITY & CREDIT SCORE OF 650 MINIMUM REQUIRED AS PER ASSOCIATION. EASY TO SHOW.

Details

Property type

Condominium

Est. home value

$192,337

Lot size

Unknown

Price per sq ft

$111

Year built

1980

Annual property taxes

$335

HOA

Yes

Price History

04/03/2025
SEF

SEF #A11561676

Removed
$260,000
05/10/2024
SEF

SEF #A11561676

Price change
$260,000
+20.93%
04/03/2024
SEF

SEF #A11561676

Listed
$215,000
+74.94%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Senior community center: 

Yes

Number of units in community: 

448

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

$5,758
Asking price
$122,900
Closing costs (~8% of asking)
-$9,832
Est. remaining loan balance
-$107,310
Cash to seller
$5,758

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

Seller’s Loan History

Lender

Hamilton Group Funding Inc

Loan start date

July 2020

Original loan amount

$119,213

Est. remaining balance

$107,310

Interest rate

3.21%

Loan type

New Conventional, 30 year

Seller

Jesus A Lopez

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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Status: Off Market

Tomo last checked: 04/03/2025 at 3:15 PM

Listing updated: 03/29/2023 at 1:40 PM

Listed by: Naim Naqi, Canvas Real Estate Phone #: (954) 880-2550

MLS: SEF #A10839779

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