$50,000
Sold · June 15, 2026
550 NW 78th Terrace 205
Explore the area: Margate homes for sale · Broward County real estate
Sale Summary
What this home sold for
- Sold price
- $50,000
- Vs. list price
- 9.1% under
- Days on market
- 12
- Price per sq ft
- $68
This 1-bedroom condo in Oriole Gardens Two 51 Condo sold for $50,000 on June 15, 2026. That was 9.1% below its final list price of $55,000. It spent 12 days on the market. At $68 per square foot, it closed 22.7% below the $88 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $50,000
- Sold On
- June 15, 2026
- Days on Site
- 12 Days
- Bedrooms
- 1
- Total Baths
- 2
- Full Baths
- 1
- Partial Baths
- 1
- Living Area
- 735 sqft
- Total Sq Ft
- 735 sqft
- Year Built
- 1974
- Property Type
- Condo
- MLS #
- B26016345
- Property Tax
- $526 (2025)
- HOA Fees
- $495 / Monthly
- Subdivision
- ORIOLE GARDENS TWO 51 CONDO
- Development
- Oriole Gardens 2
- County
- Broward
- Status
- Sold
- Special Conditions
- Standard / Listed As Is
About This Property
This 55+ condo in the heart of Margate offers a fantastic opportunity for those looking to create a space tailored to their specific taste. As a "diamond in the rough," this unit is perfect for a handy buyer or investor ready to build immediate equity. The interior features a spacious, sun-filled layout that provides a solid foundation for your personalized updates. While the property requires cosmetic work—including flooring, paint, and a kitchen refresh—it is priced to sell and reflects its significant potential. Residents of this quiet community enjoy a relaxed lifestyle with access to excellent amenities like a clubhouse and a sparkling pool. Sold as-is, this represents a rare chance to secure a property at a competitive price point. Schedule your showing today!
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1974
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- One
- Parking
- Assigned / Common
- Direction Faces
- West
- Lot Size (Acres)
- 0
- Living Sq Ft
- 735
- Total Sq Ft
- 735
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- R-3A
Interior Features
- Appliances
- Electric Range / Electric Water Heater / Refrigerator / Water Heater
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central / Other
- Flooring
- Carpet / Tile / Vinyl
- Interior Features
- Other
- Laundry
- Common Area
- Main Level Bedrooms
- 1
- Main Level Baths
- 1
- Furnished
- Partially
Exterior Features
- Construction
- Block / Stucco
- Roof
- Other
- Exterior Features
- None
- View
- Other
Community & HOA
- HOA Fee
- $495 / Monthly
- HOA Name
- Orio Gardens II Condominium association.
- HOA Includes
- Common Areas / Maintenance Grounds / Maintenance Structure / Pools / Roof / Sewer / Trash / Water
- Association Amenities
- Clubhouse / Maintenance Grounds / Laundry / Parking
- Security
- None
- Utilities
- Cable Available
- Pets Allowed
- No
- 55+ Community
- Yes
- Financing Terms
- Cash
- Restrictions
- No Trailer Parking
- MLS Area
- 3632
Schools
- Elementary School
- Atlantic West
- Middle School
- Margate
- High School
- Coconut Creek
About the Community
- Homes for Sale
- 56
- Under Contract
- 9
- Median List Price
- $111,500
- Median $/Sq Ft
- $118
- Avg Days on Market
- 157
Frequently Asked Questions
- How do I schedule a tour of 550 NW 78th Terrace 205, Margate, FL 33063?
- Use the Tour button on this listing to request a showing of 550 NW 78th Terrace 205, 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 550 NW 78th Terrace 205, Margate, FL 33063 still available?
- 550 NW 78th Terrace 205, Margate, FL 33063 is currently listed as Sold, and has been on the market 12 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 550 NW 78th Terrace 205, Margate, FL 33063?
- With 20% down ($11,000) on the $55,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 550 NW 78th Terrace 205, Margate, FL 33063 is about $289/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 550 NW 78th Terrace 205, Margate, FL 33063?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 550 NW 78th Terrace 205, Margate, FL 33063. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 550 NW 78th Terrace 205, Margate, FL 33063 have an HOA fee?
- Yes: 550 NW 78th Terrace 205, Margate, FL 33063 carries an HOA fee of about $495 monthly (Orio Gardens II Condominium association.). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 550 NW 78th Terrace 205, Margate, FL 33063?
- 550 NW 78th Terrace 205, Margate, FL 33063 is zoned for Atlantic West (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 550 NW 78th Terrace 205, Margate, FL 33063?
- Often, yes. The right offer on 550 NW 78th Terrace 205, Margate, FL 33063 depends on how it's priced against comparable condo 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 Blue Lion 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 July 1, 2026.
$50,000
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Listed by Cedric Dadaille, Blue Lion Realty
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Recent Sales
Recently sold homes in Oriole Gardens Two 51 Condo
These are the last 6 recorded closings in Oriole Gardens Two 51 Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $91 per square foot. The most recent closed on October 6, 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$90,000
Sold · October 6, 2026
7410 NW 1st Street 207
2 bed · 2 bath · 990 sqft · $91/sqft
$20,000 under the asking price
Sold$58,000
Sold · October 1, 2026
601 NW 78th Avenue 205
1 bed · 1.5 bath · 735 sqft · $79/sqft
$1,900 under the asking price
Sold$84,000
Sold · September 15, 2026
7360 NW 1st Street 206
2 bed · 2 bath · 990 sqft · $85/sqft
Sold$102,000
Sold · August 13, 2026
7310 NW 1st Street 102
2 bed · 2 bath · 990 sqft · $103/sqft
Sold$63,000
Sold · June 26, 2026
7855 NW 5th Court 104
1 bed · 1 bath · 670 sqft · $94/sqft
$2,000 under the asking price
Sold$51,500
Sold · June 23, 2026
7400 NW 5th Place 105
1 bed · 1.5 bath · 735 sqft · $70/sqft
$10,400 under the asking price
See every recorded sale in Oriole Gardens Two 51 Condo or find out what your Oriole Gardens Two 51 Condo home is worth.
