How do I schedule a tour of 1905 NW 62nd Terrace, Margate, FL 33063?

Use the Tour button on this listing to request a showing of 1905 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 1905 NW 62nd Terrace, Margate, FL 33063 still available?

1905 NW 62nd Terrace, Margate, FL 33063 is currently listed as Active, and has been on the market 50 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 1905 NW 62nd Terrace, Margate, FL 33063?

With 20% down ($129,900) on the $649,500 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1905 NW 62nd Terrace, Margate, FL 33063 is about $3,413/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 1905 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 1905 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.

What schools serve 1905 NW 62nd Terrace, Margate, FL 33063?

1905 NW 62nd Terrace, Margate, FL 33063 is zoned for Margate (elementary), Margate (middle), Coconut Creek (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 1905 NW 62nd Terrace, Margate, FL 33063?

Often, yes. The right offer on 1905 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.

Active

50 Days on Market

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$649,500

1905 NW 62nd Terrace

Margate, FL 33063

IBEC ADD NO 3

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

Price Check

How this price compares

List price: $649,500
Price per sq ft: $277
Original price: Unchanged
Days on market: 50

This 4-bedroom single-family home in Ibec Add No 3 is listed at $649,500, or $277 per square foot. It has been on the market for 50 days.

Bedrooms

Bathrooms

2,346

Living Sq Ft

1960

Year Built

Estimated monthly payment

$3,413 /mo

Principal and interest only, based on $129,900 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price: $649,500
Days on Site: 50 Days
Bedrooms: 4
Total Baths: 2
Full Baths: 2
Living Area: 2,346 sqft
Total Sq Ft: 2,438 sqft
Lot Size: 0.18 Acres
Year Built: 1960
Property Type: Single Family
MLS #: A12065311
Property Tax: $11,713 (2025)
Subdivision: IBEC ADD NO 3
County: Broward
Status: Active
Special Conditions: Listed As Is

About This Property

Beautiful 4-bedroom / 2-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! TENANT OCCUPIED. Showings require advance notice (48–72 hours minimum) and are subject to tenant availability. No same-day showings. Please contact listing agent to coordinate access. Do not disturb tenant. Serious inquiries only

Virtual Tour

General Features

Property Type: Single Family
Status: Active
Year Built: 1960
Property Condition: Resale
Number of Stories: 1
Levels: One
Garage Spaces: 0
Parking: Driveway
Direction Faces: East
Lot Size (Acres): 0.18
Living Sq Ft: 2,346
Total Sq Ft: 2,438
Sewer: Public Sewer
Water Source: Public
Zoning: R-1

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Microwave / Refrigerator / Washer
Cooling: Central Air
Heating: Central
Flooring: Laminate
Interior Features: Bedroom On Main Level
Laundry: In Garage

Exterior Features

Construction: Block
Roof: Shingle
Exterior Features: Outdoor Living Area / Other
Patio & Porch: Patio
Lot Features: Fruit Trees
Waterfront: Yes
Waterfront Features: Canal Front / Other
Frontage: Waterfront
Frontage Length: 15.00 ft
View: Garden / Water

Community & HOA

Association Amenities: Sidewalks
Community Features: Street Lights
Pets Allowed: Yes
Financing Terms: Cash / Conventional
Restrictions: No Restrictions
MLS Area: 3632

Schools

Elementary School: Margate
Middle School: Margate
High School: Coconut Creek

About the Community

Ibec

View Community Details →

Ibec Add No 3 is a waterfront community in Margate, Broward County, Florida. Active listings are priced from $529,900 to $649,500. Homes were built between 1958 and 1960. Pure Equity lists homes in Ibec and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale: 5
Median List Price: $535,000
Median $/Sq Ft: $368
Avg Days on Market: 53

View all 5 homes for sale in Ibec →

Frequently Asked Questions

How do I schedule a tour of 1905 NW 62nd Terrace, Margate, FL 33063?: Use the Tour button on this listing to request a showing of 1905 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 1905 NW 62nd Terrace, Margate, FL 33063 still available?: 1905 NW 62nd Terrace, Margate, FL 33063 is currently listed as Active, and has been on the market 50 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 1905 NW 62nd Terrace, Margate, FL 33063?: With 20% down ($129,900) on the $649,500 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1905 NW 62nd Terrace, Margate, FL 33063 is about $3,413/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 1905 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 1905 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.
What schools serve 1905 NW 62nd Terrace, Margate, FL 33063?: 1905 NW 62nd Terrace, Margate, FL 33063 is zoned for Margate (elementary), Margate (middle), Coconut Creek (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 1905 NW 62nd Terrace, Margate, FL 33063?: Often, yes. The right offer on 1905 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 Master Team Realty, LLC.

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 August 7, 2026.

$649,500

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Listed by Andrea I Pereira, Master Team Realty, LLC.

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Recently sold homes in Ibec Add No 3

These are the last 6 recorded closings in Ibec Add No 3, with the price each home actually sold for rather than what it was listed at. They closed at a median of $350 per square foot. The most recent closed on August 3, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.