428 N Laurel Drive 1703, Margate, FL 33063

$75,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,019 Status: Closed
Current Price: $75,000 List Date: 1/27/2024 Last Modified: 8/03/2026

Overview

Description

INVESTOR/HANDYMAN SPECIAL! Lowest priced ALL AGES condo in Margate. Featuring a large open living area and enclosed patio w/ space for your own washer & dryer. Good sized bedrooms w/ plenty of closet space. The unit will need new flooring throughout, and both bathrooms should be updated but the unit is priced accordingly. Come get a great deal and style the unit to your personal taste. Association requires 650 Credit, Combined Household income of $35,000 per year: no rentals for the first 3 years of ownership. 18 Months ($12,024) of association fees held in escrow with the association indefinitely until resale in the future, buyer still has to pay monthly fees during first 18 months. ASSOCIATION HAS LIENS/TITLE ISSUES, BUYER TO TAKE PROPERTY AS IS WITH TITLE ISSUES. FACTOR IT INTO PRICE

Listing Details MLS# F10420735

General Property Information

Unit Floor #
Yes
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Living Area Main
1019
Year Built
1981
Gated Community YN
No
Senior Community YN
No
Land Lease YN
No
Outdoor Living Spaces YN
Yes
Stories Total
2
LP/Assessed Value
0.53

Property Features

Application Information: 3-4 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Insurance; Maintenance Grounds; Maintenance Structure; Water Dining Area: Formal Dining Flooring: Carpet; Vinyl Parking Features: Guest Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Washer Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air Heating: Central Listing Terms: Cash Pets Allowed YN: Yes Pets Allowed: Breed Restrictions Possession: Close Of Escrow Security Features: None Special Information: Sold As-Is Tax Information: Homestead Exemption Unit Description: Garden Apartment View: Garden Showing Requirements: Showing Service Outdoor Living Spaces: Balcony Balcony Details: Balcony - Screened Porch Details: Porch - Screened Contingencies: Inspection Room Types: Family Room

Contract Information

Comp Sale YN
No
Original List Price
100000
Occupant Type
Vacant

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
428
Street Direction Prefix
N
Street Name
Laurel
Street Suffix
Drive
Unit Number
1703
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
5348
Postal Zip
33063
Subdivision Name
Laurels at Margate
Area
3524
Geographic Area
NE41 - North Broward Turnpike To 441 (3511-3524)
Parcel Number
484231AK1390
Directions
GOOGLE MAPS

Financial Information

Association YN
Yes
Association Fee
668
Association Fee Frequency
Monthly
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
743
Tax Year
2023
Tax Assessed/SOH Value
142140
Tax Legal Description
LAURELS AT MARGATE CONDO UNIT 1703 BLDG 17 PER CDO BK/PG: 5957/1
Assessor Market Value
142140

Status Change Information

Major Change Timestamp
2024-05-21T17:56:28Z
Major Change Type
Status Change
Price Change Timestamp
2024-04-01T15:23:22Z
Status Change Date
2024-05-21
Under Contract Date
2024-04-04
Close Date
2024-05-21
Close Price
75000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Entry Information

Entry Level
Yes
Entry Location
First Floor Entry

Parking Information

Open Parking Spaces
Yes

Short Sale Details

Short Sale Addendum
No

Co-Ownership

Property Management YN
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Leasing Restrictions

Leasing - Max Times Per Year
Yes

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
73.6
Original List Price To Close Price
0.75

Section Details

Parcel Number MLX
1390

Originating Details

Originating System Key
577499364
Originating System ID
M00000170

Room Information

Room Name
Family Room
IDX
Listing Office: EXP Realty LLC
Source MLS Verified
Last Updated: August - 03 - 2026
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