MARGATE 3RD ADD RESUB OF

1235 W River Drive # 5, Margate FL 33063

1 beds · 1 baths · 600 ft²

Closed

$1,000

9.09%

Est. Payment $5/mo

MLS Sheet Video

Bedrooms

Bathrooms

600

Sq. Ft.

1972

Year Built

Stories

108

Days on Market

Description

*** Nicely remodeled STUDIO all new inside on quiet street in Margate. With beautiful lake view. Located off Margate Blvd, close to schools and shopping. No association approval required. ***

Facts

MLS#: F10262022
Subdivision: MARGATE 3RD ADD RESUB OF
Property Type: Residential Lease
Property Sub Type: Condominium
Year Built: 1972
Lot Size: 0 sqft
Sq. Ft.: 600 ft²
Sq. Mt.: 56 m²
Price per sq. ft.: $2/ft²
Price per sq. mt.: $18/m²
Stories: 2
Garage: —
Pool: —
Days on Market: 108 days
Listed: Dec 9, 2020
Last Updated: Aug 23, 2026
Price/Lot Sq.Ft.: —

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Market insights for Margate

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

Sellers market

September 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

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

8/23/2026	Sold	$1,000
3/5/2021	Price change	$1,000-9.1%
12/9/2020	Listed for sale	$1,100

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

Location

1235 W River Drive # 5, Margate FL 33063Directions

Affordability

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

$3,333

gross income / month to qualify

Monthly rent$1,000

Required annual income$40,000

Security deposit (est.)$1,000

Move-in cost (1st + last + security)$3,000

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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