IBEC ADD NO 8
2221 NW 62 Terrace, Margate FL 33063
4 beds · 2 baths · 1,572 ft²
$480,000
Est. Payment $2,555/mo
4
Bedrooms
2
Bathrooms
1,572
Sq. Ft.
1960
Year Built
1
Stories
11
Days on Market
Description
This charming 4 Bedroom 2 Bath home with In-law suite with separate entrance is located in the City of Margate. The kitchen, bathrooms and ceramic tile were updated less than 2 years ago. There is plenty of space for all your toys bring your boat, jet skis or work vehicles. The backyard is great for entertaining with a large patio and a great river view of the Stranahan River it is ideal for your summer BBQs. The Stranahan River flows throughout Margate and Broward County. You can enjoy a wonderful day on the river boating, jet skiing, kayaking or simply sitting in your backyard enjoying the view.
Facts
- MLS#
- R10878365
- Subdivision
- IBEC ADD NO 8
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 0 sqft
- Sq. Ft.
- 1,572 ft²
- Sq. Mt.
- 146 m²
- Price per sq. ft.
- $305/ft²
- Price per sq. mt.
- $3,288/m²
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 11 days
- Listed
- Apr 1, 2023
- Last Updated
- Sep 5, 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
16
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).
| 9/5/2026 | Sold | $480,000 |
| 4/1/2023 | Listed for sale | $480,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$3,105/mo
Principal & Interest
$2,555
Property Tax
$400
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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