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Margate 33063 North Margate
1812 W W River Dr
$305,000
● House - Off Market

1812 W W River Dr

Margate, FL 33063
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,878 Ft²
$461,384
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Beautiful well kept 4 bedroom 2 bathroom, 1 car garage home with huge over sized lot and fruit trees on the canal. Plenty of room for a pool if desired. No HOA! Truly move in ready and priced to sell. All tile throughout including some nice updates. Roof and AC are both 5 years old. Showings by appointment only.
Unit Size
1,878 Ft²
Days on Market
-
Land Size
-
Price per sqft
$162
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Beaches MLS #F10128887)

Price History

Date / Event Date Event Price
Aug 3, 2018 Sold
Premium
Sold
Jun 23, 2018 Listed by Seltzer Realty LLC $305,000
Listed by Seltzer Realty LLC
Apr 16, 2013 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 2
  • Garage Type: 7
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 19
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,986
  • Lot Size Frontage Feet: 1,199
  • Total Building Area: 2,022
  • Gross Building Area: 2,022
  • Building Area: 1,658
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,658
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IBEC ADD NO 3 47-46 B
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 01-01
  • State Land Use Code: 01
  • Legal Description 1: IBEC ADD NO 3 47-46 B LOT 4 BLK 6

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 020210

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 31
  • District: 1212
  • Parcel: 48-41-25-09-0050
  • Block: 6
  • Lot: 4
  • Meridian: SEC 25 TWN 48S RNG 41E
  • Municipality: MARGATE
  • Latitude: 26.2508
  • Longitude: -80.2045

    Address

  • Full Address: 1812 W River Dr
  • Address - House Number: 1812
  • Street Direction: W
  • Address - Street Name: River
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Margate
  • Carrier Code: C001
  • 4-Digit Zip Code: 2740
  • Zip Code: 33063

Valuation

    Tax

  • Total Area: 1,704
  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 1212

    Appraisal Valuation

  • Standard Deviation: 0.2221
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 69
  • Final Value: 510,143
  • High Value: 623,452
  • Low Value: 396,834

    Market Valuation

  • Market Total Value: $423,800
  • Market Land Value: $82,420
  • Market Improvement Value: $341,380

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $304,250

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 23, 2018
  • Current Sale Recording Date: Aug 03, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 115241071
  • Previous Sale Recording Date: Apr 16, 2013
  • Previous Sale Contract Date: Mar 29, 2013
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Margate

Stats & Trends

Median Asking:

$349,500

Sale Price/ft²

$243

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1135 ft²

Average Home Age

58.9 years

Currently For Sale

25 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4975 Nw 6th Street, Coconut Creek, FL, 33063

$4,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,585 ft²
4975 Nw 6th Street, Coconut Creek, FL, 33063 Listing by Michael Thomas Mucci
Unit for rent at 616 W Palm Aire Drive, Pompano Beach, FL, 33069

$4,500 /mo

  • 3 Beds
  • 3 Baths
  • 2,477 ft²
616 W Palm Aire Drive #616, Pompano Beach, FL, 33069 Listing by Natalia Hunter PA

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Scott Drew
Seltzer Realty LLC
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10128887
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

Frequently Asked Questions

When was property at 1812 West River Drive built and last sold?
The property at 1812 West River Drive was built in 1959 and last sold on Jul 23, 2018 for $305,000.
How much is this home worth?
The estimated value of the home located at 1812 West River Drive is $0.
What are some comparable homes to 1812 West River Drive?
There are currently no comparable homes to 1812 West River Drive.
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