by Global Lifestyle Properties

See Home Value
$300,000
● House - Off Market

1925 NW 62 Terrace

Margate, FL 33063
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,776 Ft²
$404,403
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Come see this single family home in the heart of Margate, Close to shopping, restaurants, and major highways. This home needs some TLC but will make a great home with a big yard and NO homeowner association. The kitchen was nicely updated with granite and lots of cabinets and under cabinet lighting. This home also offers a beautiful covered sunroom overlooking the backyard and once the yard is given some attention there would be a beautiful lakeview.
Unit Size
1,776 Ft²
Days on Market
48 days
Land Size
0.17 acres
Price per sqft
$197
Property Type
House
Property Taxes
$135
HOA Dues
-
Year Built
1960

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Last updated: 2 months ago (Beaches MLS #R10714720)

Price History

Date / Event Date Event Price
Mar 11, 2026 Sold
Sold
Feb 10, 2026 In contract -
In contract
Jan 11, 2026 Price Decreased $530,000
↓ $45K (7.8%)
Price Decreased
Dec 10, 2025 Price Decreased $574,999
↓ $24K (4%)
Price Decreased
Nov 10, 2025 Listed by Mac Realty Group Inc $599,000
Listed by Mac Realty Group Inc
Price Reduced! Beautiful 3 bedroom and 2 bath Waterfront home. Upgraded Kitchen with Stainless Steel Appliances and Granite Countertops. Laminate Wood Flooring Throughout. Bay Window. Accordion and Regular Hurricane Shutters. Washer and Dryer in Garage. One Car Garage with Automatic Garage Door. Dining Area. Florida or Family Room, can also be used as Den or Office Space. Enclosed Patio with a Gorgeous View of the Water and Fountain. Water Park is right around the Corner. Close to Great Schools and Shopping. Won’t last! NO HOA!Roof is New!
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1961
  • 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: 6
  • Garage Type: 7
  • Garage Square Area: 231
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,104
  • Gross Building Area: 2,104
  • Building Area: 1,776
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,776
  • 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: 0000000172
  • 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 13 BLK 12

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 31
  • District: 1212
  • Parcel: 48-41-25-09-1060
  • Block: 12
  • Lot: 13
  • Meridian: SEC 25 TWN 48S RNG 41E
  • Municipality: MARGATE
  • Latitude: 26.2528
  • Longitude: -80.2076

    Address

  • Full Address: 1925 Nw 62nd Ter
  • Address - House Number: 1925
  • Street Direction: NW
  • Address - Street Name: 62nd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Margate
  • Carrier Code: C021
  • 4-Digit Zip Code: 2302
  • Zip Code: 33063

Valuation

    Tax

  • Total Area: 1,857
  • Tax Year: 2023
  • Tax Amount: $782,734
  • Tax Rate Code Area: 1212

    Appraisal Valuation

  • Standard Deviation: 0.0835
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 93
  • Final Value: 487,528
  • High Value: 528,242
  • Low Value: 446,814

    Market Valuation

  • Market Total Value: $366,250
  • Market Land Value: $41,250
  • Market Improvement Value: $325,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $364,380

    Sales

  • Current Sale Contract Date: Jul 22, 2021
  • Current Sale Recording Date: Jul 23, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 117449371
  • Previous Sale Recording Date: Jul 01, 2017
  • Previous Sale Contract Date: Jul 01, 2017
  • Previous Sale Amount: $100
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About North Margate


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Frequently Asked Questions

When was property at 1925 Northwest 62nd Terrace built and last sold?
The property at 1925 Northwest 62nd Terrace was built in 1960 and last sold on Jul 22, 2021 for $300,000.
How much is this home worth?
The estimated value of the home located at 1925 Northwest 62nd Terrace is $520,007.
What are some comparable homes to 1925 Northwest 62nd Terrace?
There are currently no comparable homes to 1925 Northwest 62nd Terrace.