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1521 NW 62nd Terrace, Margate, FL 33063
Active
226 Days on Market
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$419,000

1521 NW 62nd Terrace

Margate, FL 33063

MARGATE 4TH ADD 46-27

Explore the area: Margate homes for sale · Broward County real estate

How this price compares

List price
$419,000
Price per sq ft
$445
Vs. nearby sales
47.8% above
Days on market
226

This 2-bedroom single-family home in ZIP 33063 is listed at $419,000, or $445 per square foot. The asking price has come down 3.7% from its original $435,000. It has been on the market for 226 days. The 3 most recent single-family home sales in the closings shown below sold at a median of $301 per square foot, so the asking price is 47.8% above what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
941
Living Sq Ft
1959
Year Built

Estimated monthly payment

$2,202 /mo

Principal and interest only, based on $83,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$419,000
Days on Site
226 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
941 sqft
Lot Size
0.19 Acres
Year Built
1959
Property Type
Single Family
MLS #
F10552340
Property Tax
$5,082 (2025)
Subdivision
MARGATE 4TH ADD 46-27
County
Broward
Status
Active

About This Property

Great starter home in a beautiful maintained Margate neighborhood. This is a perfect place to relax and enjoy the Floridian lifestyle. This property is situated on a large corner lot with mature trees, fruit trees and plenty of shade. You'll love spending time in the backyard! There's plenty of room to bring your boat, RV, other toys and more. Newly added gorgeous bathroom and also newer electrical panel. NO HOA!!!!

Virtual Tour

General Features

Property Type
Single Family
Status
Active
Year Built
1959
Property Condition
Resale
Number of Stories
1
Levels
One
Parking
Attached Carport / Covered / Carport / Driveway
Direction Faces
East
Lot Size (Acres)
0.19
Living Sq Ft
941
Structure Type
House
Sewer
Public Sewer
Water Source
Public

Interior Features

Appliances
Cooktop / Dryer / Dishwasher / Electric Water Heater / Refrigerator / Water Heater / Washer
Cooling
Wall Window Units
Heating
None
Flooring
Tile
Interior Features
Bedroom On Main Level
Windows
Other
Main Level Bedrooms
2
Main Level Baths
2
Furnished
Unfurnished

Exterior Features

Construction
Block
Roof
Composition / Shingle
Exterior Features
Room For Pool
Lot Features
Less Than Quarter Acre
Waterfront Features
None
View
Garden

Community & HOA

Utilities
Cable Available
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional / FHA / Va Loan
Restrictions
No Restrictions
MLS Area
3632

Browse Margate homes for sale across every neighborhood and price point in Broward. Available homes span single-family, townhome, and condo segments throughout the city. Margate includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Broward, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Broward market data, see Florida Realtors' monthly statistics. Browse the latest Margate listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale
616
Median List Price
$161,000
Median $/Sq Ft
$172
Avg Days on Market
135
View all 616 homes for sale in Margate →
How do I schedule a tour of 1521 NW 62nd Terrace, Margate, FL 33063?
Use the Tour button on this listing to request a showing of 1521 NW 62nd Terrace, Margate, FL 33063. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 1521 NW 62nd Terrace, Margate, FL 33063 still available?
1521 NW 62nd Terrace, Margate, FL 33063 is currently listed as Active, and has been on the market 226 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 1521 NW 62nd Terrace, Margate, FL 33063?
With 20% down ($83,800) on the $419,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1521 NW 62nd Terrace, Margate, FL 33063 is about $2,202/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1521 NW 62nd Terrace, Margate, FL 33063?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1521 NW 62nd Terrace, Margate, FL 33063. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Can I negotiate the price of 1521 NW 62nd Terrace, Margate, FL 33063?
Often, yes. The right offer on 1521 NW 62nd Terrace, Margate, FL 33063 depends on how it's priced against comparable single family sales in Margate, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Noah Realty

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$419,000

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Listed by Kimberly A Noah, Noah Realty

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