IBEC ADD NO 3

1905 NW 62nd Ter, Margate FL 33063

4 beds · 2.5 baths · 2,346 ft²

Closed

$3,950

3.66%

Est. Payment $21/mo

MLS Sheet Video

Bedrooms

2.5

Bathrooms

2,346

Sq. Ft.

1960

Year Built

Days on Market

Description

Beautiful 4-bedroom / 2.5-bath waterfront home in Margate featuring a stunning sun deck overlooking the lake, perfect for relaxing and entertaining. Bright open-concept living with designated dining and family areas that seamlessly flow toward the water. The home offers a stylish kitchen with a spacious island and brand new stainless-steel appliances. The spacious primary suite, double-vanity bathroom, and a stylish outdoor shower that adds a resort-like, relaxing touch. Secondary bedrooms are well-sized. Additional features include a separate laundry room and extra storage. The oversized backyard provides ample space for gatherings and enjoying peaceful sunset lake views. New roof (2026). Conveniently located near shopping, dining, parks, schools, and major highways. Move-in ready—come enjoy waterfront living!

Facts

MLS#: A11972793
Subdivision: IBEC ADD NO 3
Property Type: Residential Lease
Property Sub Type: Single Family Residence
Year Built: 1960
Lot Size: 7,979 ft²
Sq. Ft.: 2,346 ft²
Sq. Mt.: 218 m²
Price per sq. ft.: $2/ft²
Price per sq. mt.: $18/m²
Stories: —
Garage: —
Pool: —
Days on Market: 42 days
Listed: Mar 4, 2026
Last Updated: Apr 15, 2026
Price/Lot Sq.Ft.: —

Market insights for Margate

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Buyers market

May 2026

0/100

Buyers marketSellers market

Median days to sold

-1.2%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

4/15/2026	Sold	$3,950
3/26/2026	Price change	$3,950-3.7%
3/4/2026	Listed for sale	$4,100

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1905 NW 62nd Ter, Margate FL 33063Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Ada Merritt K-8 Center
PK,KG,1,2,3,4,5,6,7,8 · public · 0.1 mi
Mater Academy East Charter School
6,7,8,9,10,11,12 · charter · 0.3 mi
Mater Academy East Charter
KG,1,2,3,4,5,6,7,8 · charter · 0.3 mi
Lincoln Marti Dc-931 Sw 1st
PK,KG · private · 0.3 mi
Lincoln Marti Schools #08
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.3 mi
Lincoln-Marti Charter School Little Havana Campus
KG,1,2,3,4,5,6,7,8 · charter · 0.3 mi
Mater Academy Kiwanis
KG,1,2,3,4,5 · charter · 0.4 mi
Mater East Academy Middle School
6,7,8 · charter · 0.4 mi
Charter High School Of The Americas
9,10,11,12 · charter · 0.4 mi
Lincoln-Marti Community Agency 10
PK,KG,1,2,3,4,5,6,7,8 · private · 0.4 mi

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$13,167

gross income / month to qualify

Monthly rent$3,950

Required annual income$158,000

Security deposit (est.)$3,950

Move-in cost (1st + last + security)$11,850

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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