Southgate First Add 50-38

6158 SW 1st Street, Margate FL 33068

3 beds · 1.5 baths · 1,160 ft²

Closed

$285,000

Est. Payment $1,517/mo

MLS Sheet Video

3

Bedrooms

1.5

Bathrooms

1,160

Sq. Ft.

1960

Year Built

1

Stories

1

Days on Market

Description

NO FUTHER OFFERS CONSIDERED AT THIS TIME. Highest and best by Tuesday 9/19. Situated on a nice sized lot with fenced-in backyard and shed, with room for a pool. The spacious driveway can easily accommodate 4 cars, ensuring plenty of parking for tenants or guests. Inside, you'll find 3 bedrooms and 2 bathrooms, along with an additional 2nd living space to the right of the kitchen (currently being used as an additional bedroom). The design of the home allows for easy conversion to a duplex, for more income potential. Property is in need of extensive renovations but the potential it holds is truly remarkable. No HOA giving you the freedom to create your vision and maximize your returns.

Facts

MLS#
F10400632
Subdivision
Southgate First Add 50-38
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1960
Lot Size
6,300 ft²
Sq. Ft.
1,160 ft²
Sq. Mt.
108 m²
Price per sq. ft.
$246/ft²
Price per sq. mt.
$2,639/m²
Stories
1
Garage
—
Pool
—
Days on Market
1 day
Listed
Sep 18, 2023
Last Updated
Sep 29, 2026
Price/Lot Sq.Ft.
$45/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Margate

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

Sellers market

October 2026

100/100
Buyers marketSellers market

19

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).

9/29/2026Sold$285,000
9/18/2023Listed for sale$285,000

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

Location

6158 SW 1st Street, Margate FL 33068Directions

Estimated Monthly Payment

$1,904/mo

Principal & Interest

$1,517

Property Tax

$238

Insurance

$150

HOA

$0

20% ($57,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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