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7371 SW 1st Street, Margate, FL 33068
Under Contract
204 Days on Market
Virtual Tour
1 / 30
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How this price compares

Asking price
$498,000
Price per sq ft
$390
Vs. nearby sales
14.7% above
Days on market
204

This 3-bedroom single-family home in Oriole-Margate Sec 5 went under contract with an asking price of $498,000, or $390 per square foot. It spent 204 days on the market before going under contract. The 6 most recent single-family home sales in the closings shown below sold at a median of $340 per square foot, so the asking price was 14.7% above what comparable homes here actually sold for.

3
Bedrooms
2
Bathrooms
1,277
Living Sq Ft
1977
Year Built

Estimated monthly payment

$2,617 /mo

Principal and interest only, based on $99,600 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$498,000
Days on Site
204 Days
Bedrooms
3
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,277 sqft
Total Sq Ft
1,628 sqft
Lot Size
0.37 Acres
Year Built
1977
Property Type
Single Family
MLS #
A11983423
Property Tax
$7,489 (2025)
Subdivision
ORIOLE-MARGATE SEC 5
County
Broward
Status
Under Contract
Special Conditions
Listed As Is

About This Property

RARE FIND!! This charming home sits on a 15,900 SQFT OVERSIZED lot with NO HOA in a quiet community with only 64 houses WITH A HUGE lot IN THE BACKYARD backyard that has access to Stranahan River of Margate and a bike path. POTENTIAL TO ADD POOL AND MANY MORE.CREATE YOUR DREAM BACKYARD. 3 BEDROOMS WITH DEN. UPGRADED FINISHES THROUGH OUT THE HOUSE. SCREENED IN PORCH, 2 BATHROOMS. BRAND NEW ROOF 2026 FRUIT TREES - LIME- MANGO TAMARIND - PRIME LOCATION MUST SEE PROPERTY TO APPRECIATE FULL VALUE. AC 2 YEARS OLD. DONT MISS AN OPPORTUNITY TO OWN THIS HOME AND MAKE IT YOUR OWN. PRICED TO SELL!

MLS media link

General Features

Property Type
Single Family
Status
Under Contract
Year Built
1977
Number of Stories
1
Levels
One
Garage Spaces
1
Attached Garage
Yes
Parking
Attached / Driveway / Garage
Direction Faces
South
Lot Size (Acres)
0.37
Living Sq Ft
1,277
Total Sq Ft
1,628
Sewer
Public Sewer
Water Source
Public
Zoning
R-3

Interior Features

Appliances
Dishwasher / Electric Range / Electric Water Heater / Refrigerator / Washer
Cooling
Central Air
Heating
Central
Flooring
Parquet / Tile
Interior Features
Bedroom On Main Level / Other / Pantry / Separate Shower
Total Rooms
2

Exterior Features

Construction
CBS Concrete Block Structure / Block
Roof
Shingle
Exterior Features
Outdoor Living Area / Other
Patio & Porch
Patio
Lot Features
Quarter To Half Acre Lot
Waterfront
Yes
Waterfront Features
Canal Front
View
Canal / Garden

Community & HOA

Association Amenities
Other
Security
Smoke Detectors
Financing Terms
Cash / Conventional / FHA / Va Loan
Restrictions
No Restrictions
MLS Area
3633

Schools

Elementary School
Morrow
Middle School
Silver Lakes
High School
Coconut Creek

Oriole-Margate Sec 5 is a waterfront community in Margate, Broward County, Florida. Active listings are priced from $470,000 to $515,000. Homes were built between 1977 and 1978. Pure Equity lists homes in Oriole Margate 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
8
Under Contract
4
Median List Price
$499,900
Median $/Sq Ft
$338
Avg Days on Market
69
View all 8 homes for sale in Oriole Margate →
How do I schedule a tour of 7371 SW 1st Street, Margate, FL 33068?
Use the Tour button on this listing to request a showing of 7371 SW 1st Street, Margate, FL 33068. 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 7371 SW 1st Street, Margate, FL 33068 still available?
7371 SW 1st Street, Margate, FL 33068 is currently listed as Under Contract, and has been on the market 204 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 7371 SW 1st Street, Margate, FL 33068?
With 20% down ($99,600) on the $498,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7371 SW 1st Street, Margate, FL 33068 is about $2,617/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 7371 SW 1st Street, Margate, FL 33068?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 7371 SW 1st Street, Margate, FL 33068. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 7371 SW 1st Street, Margate, FL 33068?
7371 SW 1st Street, Margate, FL 33068 is zoned for Morrow (elementary), Silver Lakes (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 7371 SW 1st Street, Margate, FL 33068?
Often, yes. The right offer on 7371 SW 1st Street, Margate, FL 33068 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 Vista Mar Realty Group Inc.

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.

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Listed by Iris Edri, Vista Mar Realty Group Inc.

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