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2305 E River Drive, Margate, FL 33063
Sold
50 Days on Market
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$340,000

Sold · June 15, 2026

2305 E River Drive

Margate, FL 33063

IBEC ADD NO 2

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

What this home sold for

Sold price
$340,000
Vs. list price
2.6% under
Days on market
50
Price per sq ft
$322

This 2-bedroom single-family home in ZIP 33063 sold for $340,000 on June 15, 2026. That was 2.6% below its final list price of $349,000. It spent 50 days on the market.

2
Bedrooms
1
Bathrooms
1,056
Living Sq Ft
1972
Year Built

Listing Snapshot

Sold Price
$340,000
Sold On
June 15, 2026
Days on Site
50 Days
Bedrooms
2
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
1,056 sqft
Total Sq Ft
1,276 sqft
Lot Size
0.16 Acres
Year Built
1972
Property Type
Single Family
MLS #
B26001476
Property Tax
$5,354 (2025)
Subdivision
IBEC ADD NO 2
County
Broward
Status
Sold
Special Conditions
Standard / Listed As Is

About This Property

Get up to $10k closing credits as well as new impact windows to be installed with full priced offers that close with seller's preferred lender & title company (ask for details). This detached single family home is situated on a 7000sqft canal front lot. It's currently a 2/1 with a large indoor space that can be an extra office/den area (total 1066sqft under AC, or it can be closed to make a 3rd bedroom. A 2nd bathroom can be added to make a 3/2. The home has a new central AC and including new airducts. It's a great starter home or investment property in a good area and NO HOA for under $350k. I also have 2 additional detached, single family homes, on adjacent over-sized canalfront lots on the next street (2/2 with pool and 3/2) that will be coming available soon!

MLS media link

General Features

Property Type
Single Family
Status
Sold
Year Built
1972
Property Condition
Resale
Number of Stories
1
Levels
One
Parking
Attached Carport / Carport / Driveway
Direction Faces
East
Lot Size (Acres)
0.16
Living Sq Ft
1,056
Total Sq Ft
1,276
Structure Type
House
Sewer
Public Sewer
Water Source
Public
Zoning
R-1

Interior Features

Appliances
Dishwasher / Electric Range / Electric Water Heater / Freezer / Microwave / Refrigerator / Water Heater
Cooling
Central Air / Electric
Heating
Central / Electric
Flooring
Tile / Vinyl
Interior Features
Breakfast Bar / Bedroom On Main Level / Living Dining Room / Main Level Primary / Other / Stacked Bedrooms
Laundry
Washer Hookup / Electric Dryer Hookup / In Carport
Windows
Blinds
Main Level Bedrooms
2
Main Level Baths
1
Total Rooms
3

Exterior Features

Construction
Block / Concrete / Stucco
Roof
Shingle
Exterior Features
Room For Pool
Lot Features
Fruit Trees / None / Less Than Quarter Acre
Waterfront Features
Canal Access / Canal Front / None / Other
View
Canal / Water

Community & HOA

Utilities
Cable Available / Electricity Connected / Phone Available / Sewer Connected / Water Connected
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional / FHA / Va Loan
Restrictions
No Restrictions
MLS Area
3631

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
499
Under Contract
108
Median List Price
$158,900
Median Sale Price (September)
$321,000
Median $/Sq Ft
$165
Avg Days on Market
131
View all 499 homes for sale in Margate →
How do I schedule a tour of 2305 E River Drive, Margate, FL 33063?
Use the Tour button on this listing to request a showing of 2305 E River Drive, 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 2305 E River Drive, Margate, FL 33063 still available?
2305 E River Drive, Margate, FL 33063 is currently listed as Sold, 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 2305 E River Drive, Margate, FL 33063?
With 20% down ($69,800) on the $349,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2305 E River Drive, Margate, FL 33063 is about $1,834/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 2305 E River Drive, Margate, FL 33063?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2305 E River Drive, 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 2305 E River Drive, Margate, FL 33063?
Often, yes. The right offer on 2305 E River Drive, 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 The Keyes Company

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 July 1, 2026.

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Listed by Matthew B Stanley, The Keyes Company

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