$465,000
Sold · March 30, 2026
2462 NW 62nd Terrace
Explore the area: Margate homes for sale · Broward County real estate
Sale Summary
What this home sold for
- Sold price
- $465,000
- Vs. list price
- At list
- Days on market
- 64
- Price per sq ft
- $316
This 4-bedroom single-family home in North Margate 1st Add sold for $465,000 on March 30, 2026. That was exactly its final list price of $465,000. It spent 64 days on the market. At $316 per square foot, it closed 12.7% below the $362 median of the 4 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $465,000
- Sold On
- March 30, 2026
- Days on Site
- 64 Days
- Bedrooms
- 4
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- 0
- Living Area
- 1,472 sqft
- Total Sq Ft
- 1,472 sqft
- Lot Size
- 0.25 Acres
- Year Built
- 1960
- Property Type
- Single Family
- MLS #
- A11910991
- Property Tax
- $4,501 (2025)
- Subdivision
- NORTH MARGATE 1ST ADD
- Development
- NORTH MARGATE
- County
- Broward
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
No HOA! Bring your RV, boat, or commercial vehicle! This spacious 4-bed, 3-bath single-family home sits on an oversized 10,962 sq ft waterfront lot with a 6-car driveway. The main house offers 3 beds / 2 baths, plus a private 1 bed / 1 bath suite with separate entrance—ideal for guests or in-laws. Enjoy a huge backyard with lake views, a possible dock, or enough room to create your own pool paradise. The upgraded kitchen features quartz countertops and stainless-steel appliances, complemented by an impact sliding door to the patio, accordion shutters, and solar panels. The tropical patio setting is perfect for entertaining. Excellent Margate location close to schools, shopping, and major highways—space, flexibility, and value all in one! *REALTORS, PLEASE MAKE SURE YOUR CLIENT'S DONT TOUCH OWNERS BELONGINGS*
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1960
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 0
- Parking
- Boat / Driveway / Rv Access Parking
- Direction Faces
- Northwest
- Lot Size (Acres)
- 0.25
- Living Sq Ft
- 1,472
- Total Sq Ft
- 1,472
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- R-1
Interior Features
- Appliances
- Dryer / Electric Range / Electric Water Heater / Disposal / Microwave / Refrigerator / Washer
- Cooling
- Electric
- Heating
- Electric
- Flooring
- Ceramic Tile / Vinyl
- Interior Features
- Living Dining Room / Main Level Primary / Split Bedrooms / Separate Shower
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Roof
- Shingle
- Exterior Features
- Lighting
- Lot Features
- Sprinkler System
- Waterfront
- Yes
- Waterfront Features
- Lake Front / Other
- Frontage
- Waterfront
- Frontage Length
- 20.00 ft
- View
- Garden / Lagoon
Community & HOA
- Security
- Smoke Detectors
- Utilities
- Cable Available
- Pets Allowed
- Dogs Ok / Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- No Restrictions
- MLS Area
- 3631
Schools
- Elementary School
- Margate
- Middle School
- Margate
- High School
- Coral Springs
About the Community
- Homes for Sale
- 1
- Under Contract
- 3
- Median List Price
- $430,000
- Median $/Sq Ft
- $497
- Avg Days on Market
- 21
Frequently Asked Questions
- How do I schedule a tour of 2462 NW 62nd Terrace, Margate, FL 33063?
- Use the Tour button on this listing to request a showing of 2462 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 2462 NW 62nd Terrace, Margate, FL 33063 still available?
- 2462 NW 62nd Terrace, Margate, FL 33063 is currently listed as Sold, and has been on the market 64 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 2462 NW 62nd Terrace, Margate, FL 33063?
- With 20% down ($93,000) on the $465,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2462 NW 62nd Terrace, Margate, FL 33063 is about $2,444/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 2462 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 2462 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 2462 NW 62nd Terrace, Margate, FL 33063?
- 2462 NW 62nd Terrace, Margate, FL 33063 is zoned for Margate (elementary), Margate (middle), Coral Springs (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 2462 NW 62nd Terrace, Margate, FL 33063?
- Often, yes. The right offer on 2462 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 Oceanica International 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 August 30, 2026.
$465,000
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Listed by Cristhian H Osorio, Oceanica International Realty
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Recent Sales
Recently sold homes in North Margate 1st Add
These are the last 4 recorded closings in North Margate 1st Add, with the price each home actually sold for rather than what it was listed at. They closed at a median of $381 per square foot. The most recent closed on October 1, 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.
Sold$380,000
Sold · October 1, 2026
6771 NW 24TH Street
3 bed · 2 bath · 1,356 sqft · $280/sqft
$15,000 under the asking price
Sold$460,000
Sold · September 4, 2026
2681 NW 63rd Avenue
3 bed · 2 bath · 1,208 sqft · $381/sqft
$14,900 under the asking price
Sold$360,000
Sold · May 29, 2026
2648 NW 65th Avenue
3 bed · 2 bath · 915 sqft · $393/sqft
Sold$460,000
Sold · February 6, 2026
6558 NW 24th Court
4 bed · 2 bath · 1,344 sqft · $342/sqft
$9,900 under the asking price
See every recorded sale in North Margate 1st Add or find out what your North Margate 1st Add home is worth.
