When was property at 2431 East River Drive built and last sold?

The property at 2431 East River Drive was built in 1960 and last sold on Jan 27, 2005 for $180,000.

How much is this home worth?

The estimated value of the home located at 2431 East River Drive is $0.

What are some comparable homes to 2431 East River Drive?

There are currently no comparable homes to 2431 East River Drive.

Margate

33063

North Margate

2431 E River Drive

Sold on Nov 26, 2025

Map

$439,000

● House - Off Market

2431 E River Drive

Margate, FL 33063

3 Beds

2 Baths

1,173 Ft²

$2,257

Est. Monthly

7.41%

Cap Rate

About This Property

BRING YOUR FHA AND VA BUYERS. This 3/2 Completely renovated home is located in a desirable neighborhood, this impeccably maintained home offers a fantastic opportunity for homeowners or investors. Featuring a 2014 metal roof, 2019 water heater, and 2024 A/C, the home is both energy-efficient and move-in ready. Inside, enjoy luxury vinyl flooring throughout and a stunning brand-new kitchen with sleek finishes and SS appliances. A stylish laundry room adds convenience, while the inviting yard features a relaxing hot tub-perfect for entertaining. FULL IMPACT windows offer added security and efficiency. Ideal as a primary residence, rental, or Airbnb, this home is the perfect mix of comfort, style, and investment potential. NO HOA. Great for FHA or VA loans. EV Ready! This sale is dear to my heart. Sold this family their home 15 years ago. I am humbled to see what they have done with their home and to have been part of their journey the last 15years! Property can only be shown on Fridays 10-5 and Saturday 10-4.

Unit Size

1,173 Ft²

Days on Market

114 days

Land Size

0.22 acres

Price per sqft

$375

Property Type

House

Property Taxes

$96

HOA Dues

Year Built

1960

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Beaches MLS #F10517823)

Price History

Date / Event	Date	Event
Nov 26, 2025	Sold	Premium
Sold
Oct 28, 2025	In contract	-
In contract
Sep 23, 2025	Price Decreased	$439,999 ↓ $5K (1.1%)
Price Decreased
Sep 5, 2025	Price Decreased	$444,999 ↓ $5K (1.1%)
Price Decreased
Aug 3, 2025	Listed by RE/MAX Direct	$449,999
Listed by RE/MAX Direct
Feb 7, 2005	Sold	Premium
Sold
May 31, 2000	Sold	Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1960

Effective Year Built: 1961
Building Count: 1
Bedroom Count: 3
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: 5
Floor Count: 100
Living Units: 1
Floor Cover: 13
Basement Type: 0
Basement Area: 0
Parking Type: 2
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 111
Pool Type: 0

Dimensions

Lot Size Square Feet: 9,623

Lot Size Frontage Feet: 989
Total Building Area: 1,173
Gross Building Area: 1,173
Building Area: 1,173
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 0
Heated Square Feet: 1,173
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: NORTH MARGATE 50-4 B
Land Acres: 0000000221
Standard Land Use Code: 1001
County Land Use Code: 01-01
State Land Use Code: 01
Legal Description 1: NORTH MARGATE 50-4 B LOT 21 BLK 10

Neighborhood

School District Name: Broward County School District

Census Tract: 020206

Zoning

Zoning: R-1

Geography

Assessors Map Reference: 30

District: 1212
Parcel: 48-41-24-01-2230
Block: 10
Lot: 21
Meridian: SEC 24 TWN 48S RNG 41E
Municipality: MARGATE
Latitude: 26.2576
Longitude: -80.2041

Address

Full Address: 2431 E River Dr

Address - House Number: 2431
Street Direction: E
Address - Street Name: River
Address - Suffix Type: Dr
State: FL
City Name: Margate
Carrier Code: C021
4-Digit Zip Code: 1962
Zip Code: 33063

Valuation

Tax

Total Area: 1,089

Tax Year: 2023
Tax Amount: $111,579
Tax Rate Code Area: 1212

Appraisal Valuation

Standard Deviation: 0.1931

Valuation Date: Feb 21, 2024
Confidence Score: 74
Final Value: 423,960
High Value: 505,849
Low Value: 342,072

Market Valuation

Market Total Value: $332,500

Market Land Value: $48,120
Market Improvement Value: $284,380

Assessments Valuation

Assessed Year: 2024

Assessed Total Value: $81,910

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jan 27, 2005

Current Sale Recording Date: Feb 07, 2005
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 104709887
Previous Sale Recording Date: May 31, 2000
Previous Sale Amount: $65,000
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About North Margate

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$254

Below Asking

0.01%

Average Days on Market

Average Home Size

1100 ft²

Average Home Age

58.9 years

Currently For Sale

34 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

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2 Baths
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Unit for rent at 5900 W Sample Road, Coral Springs, FL, 33067

$2,850 /mo

3 Beds
2 Baths
1,240 ft²

5900 W Sample Road #102, Coral Springs, FL, 33067 Listing by Grace Ann Noethen PA

Unit for rent at 2927 Crestwood Terrace, Margate, FL, 33063

$3,000 /mo

3 Beds
2 Baths
1,417 ft²

2927 Crestwood Terrace #7201, Margate, FL, 33063 Listing by Denisy Malden

Rentals Near You

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Listed by: Laura E Sanders
RE/MAX Direct
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# F10517823

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.