551 SW 62nd Terrace, Margate, FL 33068 (MLS# F10408982)

551 SW 62nd Terrace, Margate, FL 33068

$500,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,563 Status: Closed
Current Price: $500,000 List Date: 11/09/2023 Last Modified: 8/03/2026

Overview

Description

Step into this beautifully maintained 3 bed/2 bath home featuring an open floor plan, a spacious living area with built-ins, and an updated kitchen featuring granite countertops and stainless steel appliances. The large primary bedroom offers an updated bath and ample closet space. Wood-look laminate floors and crown molding enhance the charm throughout the living areas. Enjoy outdoor living in the oversized fenced-in lot with a screened patio and mature fruit trees in the landscaped backyard. The additional expansive covered concrete pad adds versatility for various activities. The home's A/C & tankless water heater with a full house filter were installed in 2020. Conveniently located near schools, parks, and shopping, with easy access to major highways.

Listing Details MLS# F10408982

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
3
Bathrooms Total
2
Bathrooms Full
2
Living Area Main
1563
Year Built
1973
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Gated Community YN
No
Lot Size Area
11320
Senior Community YN
No
Guest House YN
No
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
East
Pool Private YN
No

Property Features

Dining Area: Eat-In Kitchen Flooring: Carpet; Ceramic Tile; Laminate Leasing Permitted Details: Okay To Lease Parking Features: Circular Driveway; RV Access/Parking Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer; Water Heater; Water Softener Water Heater Details: Electric Water Heater Water Softener Details: Water Softener Owned Boat and Dock Features: Parking Construction Materials: Block Cooling: Ceiling Fan(s); Central Air Fencing: Fenced Heating: Central Interior Features: Bar; Built-in Features; Pantry Laundry Features: In Garage; Laundry Tub Levels: One Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Fruit Tree(s); Room for Pool Possession: Negotiable Restrictions: No Restrictions Roof: Composition; Shingle Sewer: Public Sewer Sprinkler Description: Well Sprinkler Tax Information: Homestead Exemption View: Garden Water Source: Public Window Features: Blinds; Sliding; Other Showing Requirements: Appointment Only; Showing Service Outdoor Living Spaces: Patio; Porch Porch Details: Porch - Screened Contingencies: Inspection Room Types: Attic; Family Room Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
499900

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
551
Street Direction Prefix
SW
Street Name
62nd
Street Suffix
Terrace
City Name
Margate
State Or Province
FL
Postal Code
33068
Postal Code +4
1740
Postal Zip
33068
Subdivision Name
KIMBERLY FOREST SEC 2
Area
3633
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Parcel Number
494101161570
Subdivision Number
16
Zoning
R-1B
Directions
From SR7/441, turn WEST onto 7th Street. Make RIGHT onto SW 62nd Ave. Turn LEFT onto SW 6th St. Turn RIGHT onto SW 62nd Terrace. Destination will be on corner to the left.

Financial Information

Membership Fee Required YN
No
Tax Annual Amount
3758
Tax Year
2022
Tax Legal Description
KIMBERLY FOREST SEC 2 74-24 B LOT 7 BLK 9

Status Change Information

Major Change Timestamp
2023-12-23T03:20:49Z
Major Change Type
Status Change
Status Change Date
2023-12-22
Under Contract Date
2023-12-01
Close Date
2023-12-22
Close Price
500000
Buyer Financing
FHA

More Information

Entry Information

Entry Level
Yes
Entry Location
First Floor Entry,Bar,Built-Ins,Laundry Tub,Pantry

Leasing Permitted Details

Leasing Permitted YN
Yes

Co-Ownership

Property Management YN
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
3

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
319.9
Original List Price To Close Price
Yes

Originating Details

Originating System Key
573439616
Originating System ID
M00000170

Room Information

Room Name
Attic
Family Room
IDX
Listing Office: Giltrap Group Realty LLC
Source MLS Verified
Last Updated: August - 03 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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