550 NW 78th Terrace #205, Margate, FL 33063

Margate
Local realty services provided by:First Service Realty ERA Powered
550 NW 78th Terrace #205,Margate, FL 33063
$55,000
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  • 1 Beds
  • 2 Baths
  • 735 sq. ft.
  • Condominium
  • Pending
Listed by: cedric dadaille
Office: blue lion realty754-218-5744
MLS#:B26016345
Source:SEFMLS

Price summary

  • Price:$55,000
  • Price per sq. ft.:$74.83
  • Monthly HOA dues:$495

About this home

This 55+ condo in the heart of Margate offers a fantastic opportunity for those looking to create a space tailored to their specific taste. As a "diamond in the rough," this unit is perfect for a handy buyer or investor ready to build immediate equity. The interior features a spacious, sun-filled layout that provides a solid foundation for your personalized updates. While the property requires cosmetic work—including flooring, paint, and a kitchen refresh—it is priced to sell and reflects its significant potential. Residents of this quiet community enjoy a relaxed lifestyle with access to excellent amenities like a clubhouse and a sparkling pool. Sold as-is, this represents a rare chance to secure a property at a competitive price point. Schedule your showing today!

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Home facts

  • Year built:1974
  • Listing ID #:B26016345
  • Updated:June 14, 2026 at 12:36 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Rooms Total:3
  • Flooring:Carpet, Tile, Vinyl
  • Kitchen Description:Electric Range, Refrigerator
  • Living area:735 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1974
  • Building area:735 sq. ft.
  • Architectural Style:Cluster Home
  • Construction Materials:Block, Stucco
  • Levels:2 Story

Schools

  • High school:Coconut Crk High
  • Middle school:Margate Middle
  • Elementary school:Atlantic West

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$55,000
  • Price per sq. ft.:$74.83
  • Tax amount:$526 (2025)

Features and amenities

  • Appliances:Electric Range, Electric Water Heater, Refrigerator
  • Laundry features:Common Area, Laundry
  • Amenities:Clubhouse, Laundry, Maintenance

Parking

  • Total parking spaces:2
  • Parking description:Assigned, Common
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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