1624 E River Dr, Margate, FL 33063

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Single Family Residence - Margate 3rd Add

$380,000 Built: 1959

2 bedrooms 1 bathrooms N/A

Type of PropertySingle Family Residence

Style of PropertyR30-No Pool/No Water

Property Ft²1,626

Living Ft²975

Price per Ft²$389.74

PetsN/A

WaterfrontN/A

PoolN/A

FurnitureN/A

Property description of Single Family Residence - Margate 3rd Add

Prime investment opportunity! This single-family residence presents a high-yield opportunity for savvy investors looking to capitalize on the robust margate rental market. Situated on a generous 7,998 square foot lot, this property offers the ideal footprint for a "buy-and-hold" strategy or a strategic value-add renovation. The home currently features a functional 2-bedroom, 1-bathroom layout. The location is a major draw for long-term equity growth, nestled in a quiet residential pocket with no hoa restrictions, allowing for maximum flexibility in management and leasing. The property is ideally positioned near major south florida thoroughfares, local parks, and shopping hubs, ensuring low vacancy rates and high tenant demand. Whether you are looking to fix-and-flip in a neighborhood where renovated homes are commanding premium prices or seeking a steady cash-flowing asset t

Exterior Features

Fruit Trees

Other

Interior Features

First Floor Entry

Other

Amenities

Public Road

Equipment/Appliances

Microwave

Electric Range

Refrigerator

Property Features

NameMargate 3rd Add

MLSA11935605

ForeclosureN/A

Short SaleN/A

ParkingOther

Parking Restrictions

Parking Spaces

Lot Ft²7,998

Approx. Lot Size

Boat Dock

Last Update1 day

Pet Restrictions

Floor Number

Cooling DescriptionCentral Air

Heating DescriptionCentral

ViewOther

ConstructionConcrete Block Construction

Flooring TypeOther

Maintenance Fees

Taxes$5,795

Property contact form

Gladys Martinez PA305-321-7889gmrealtor7@gmail.com

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Built: 1967

MLS Data Source: Miami Association of REALTORS. Copyright SEFMLS © 2026
Listing is a courtesy of Luxe Properties. Office (operations@luxeknows.com, 305-809-7650). Agent (kberriosrealty@gmail.com, 786-308-5459).
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

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Name	Address	Type	# of Students	Grades	Distance
Hebrew Academy Community School	1500 N STATE ROAD 7	private	314	PK - 8	0.18 mi
Margate Elementary School	6300 NW 18TH ST	public	1023	PK - 5	0.4 mi
West Broward Academy	5281 COCONUT CREEK PKWY	public	654	KG - 8	0.41 mi
Ascend Career Academy	5251 COCONUT CREEK PKWY	public	231	9 - 12	0.53 mi
Abundant Life Christian Academy	1494 BANKS RD	private	443	PK - 12	0.6 mi
Suned High School Of North Broward	1117 BANKS RD	public	311	9 - 12	0.64 mi
Sunfire High School	2360 W OAKLAND PARK BLVD	public	304	9 - 12	0.64 mi
Atlantic Technical College	4700 COCONUT CREEK PKWY	public	672	9 - 12	0.81 mi
Liberty Elementary School	2450 BANKS RD	public	732	PK - 5	0.91 mi
Faith Baptist Academy	6950 ROYAL PALM BLVD	private	32	PK - 11	0.96 mi
Dave Thomas Education Center West	4690 COCONUT CREEK PKWY	public	423	6 - 12	0.98 mi
Margate Middle School	500 NW 65TH AVE	public	1094	6 - 8	1 mi
Alphabet Land-margate	2851 N STATE ROAD 7	public	8	PK	1.09 mi
Broward Virtual Franchise	1400 NW 44TH AVE	public	600	6 - 12	1.24 mi
Coconut Creek High School	1400 NW 44TH AVE	public	1892	9 - 12	1.26 mi
Broward Virtual Instruction Program	1400 NW 44TH AVE	public	113	KG - 5	1.26 mi
Phyl's Academy	7205 ROYAL PALM BLVD	private	289	PK - 12	1.26 mi
Meridian High School	6805 NW 29TH CT	private	40	9 - 12	1.32 mi
Grace Christian Preschool	200 S STATE ROAD 7	private	63	PK - 3	1.38 mi
Broward Math And Science Schools	6101 NW 31ST ST	public	321	KG - 12	1.39 mi
Rise Academy School Of Science And Technology	6101 NW 31ST ST	public	336	KG - 8	1.4 mi
Atlantic West Elementary School	301 NW 69TH TER	public	622	PK - 5	1.45 mi
Coconut Creek Elementary School	500 NW 45TH AVE	public	475	PK - 5	1.49 mi
Renaissance Charter School At Coral Springs	6250 W SAMPLE RD	public	1537	KG - 8	1.63 mi
Premier Academy School	3720 COCONUT CREEK PKWY STE J	private	31	PK - 8	1.85 mi
Randazzo School	2251 NW 36TH AVE	private	129	PK - 12	1.87 mi
Coral Springs High School	7201 W SAMPLE RD	public	2320	9 - 12	2 mi
Morrow Elementary School	408 SW 76TH TER	public	516	PK - 5	2.27 mi
Somerset Preparatory Academy Charter School At North Lauderd	7101 KIMBERLY BLVD	public	726	KG - 8	2.35 mi
Somerset Preparatory Academy Charter High At North Lauderdal	7101 KIMBERLY BLVD	public	342	9 - 12	2.35 mi
Ramblewood Middle School	8505 W ATLANTIC BLVD	public	1125	6 - 8	2.35 mi
James S. Hunt Elementary School	7800 NW 35TH CT	public	502	PK - 5	2.39 mi
Moreland's Alternative Educational Academy	3171 W ATLANTIC BLVD	private	143	PK - 12	2.51 mi
New Dominion Christian Academy	3143 W ATLANTIC BLVD	private	66	PK - 7	2.52 mi
Ramblewood Elementary School	8950 SHADOW WOOD BLVD	public	709	PK - 5	2.54 mi
Monarch High School	5050 WILES RD	public	2344	9 - 12	2.55 mi
Cross Creek School	1010 NW 31ST AVE	public	106	KG - 12	2.57 mi
Charles Drew Elementary School	1000 NW 31ST AVE	public	433	PK - 5	2.58 mi
Forest Glen Middle School	6501 TURTLE RUN BLVD	public	1115	6 - 8	2.6 mi
North Lauderdale Elementary School	7500 KIMBERLY BLVD	public	646	PK - 5	2.63 mi
Forest Hills Elementary School	3100 NW 85TH AVE	public	693	PK - 5	2.69 mi
Imagine Charter School At North Lauderdale Elementary	1395 S STATE ROAD 7	public	423	KG - 5	2.7 mi
Silver Lakes Middle School	7600 TAM OSHANTER BLVD	public	782	6 - 8	2.85 mi
Park Springs Elementary School	5800 NW 66TH TER	public	842	PK - 5	2.99 mi