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Margate 33063 Coral Bay
6629 Schooner Terrace
$440,500
● House - Off Market

6629 Schooner Terrace

Margate, FL 33063
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,561 Ft²
$468,330
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

RUN as fast as you can to this HGTV Inspired Home in Coral Bay at Port Antigua! Welcome to your 3 BR, 2 BATH, 2 Car Garage where you will immediately escape.  Unique features include 2020 Kitchen with super fabulous built-in pantry and mobile island, ceramic wood floors, high ceilings and inside laundry room. Outside you will have fully fenced lot with private screened covered patio, side deck sitting area with fully paved walkway.  Home has hurricane shutters/garage door, 2010 roof and 2005 AC.Large Gated Community offers 3 resort style pools, fishing, kayak, canoe or paddle boating on huge lake, tennis courts, playgrounds, tot lot and sidewalks.  Low HOA is $170 for the entire year!  Great private location near 441/Sample Road – walk to restaurants, shopping, and charter school.
Unit Size
1,561 Ft²
Days on Market
31 days
Land Size
0.11 acres
Price per sqft
$269
Property Type
House
Property Taxes
$350
HOA Dues
$14
Year Built
1993

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 2 months ago (Beaches MLS #F10304223)

Price History

Date / Event Date Event Price
Dec 13, 2021 Sold
Premium
Sold
Nov 12, 2021 Sold
Premium
Sold
Oct 12, 2021 Listed by RE/MAX Direct $420,000
Listed by RE/MAX Direct
Oct 29, 1993 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1994
  • 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: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 7
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 19
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,950
  • Total Building Area: 2,023
  • Gross Building Area: 2,023
  • Building Area: 1,561
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,561
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CORAL BAY PARCEL E 144-45 B
  • Land Acres: 0000000114
  • Standard Land Use Code: 1001
  • County Land Use Code: 01-05
  • State Land Use Code: 01
  • Legal Description 1: CORAL BAY PARCEL E 144-45 B POR PAR E DESC AS COMM NW COR PAR E,SE 141.98,NE 25.65,SE 63.04,SELY AN ARC DIST 8.51,NELY AN ARC DIST 730.58 TO P/T,E 36.16 TO POB,CONT E 55,S 90,W 55,N 90 TO POB AKA: LOT 48 PORT ANTIGUA AT CORAL BAY

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 020205

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 30
  • District: 1212
  • Parcel: 48-41-24-30-0480
  • Lot: 48
  • Meridian: SEC 24 TWN 48S RNG 41E
  • Municipality: MARGATE
  • Latitude: 26.2711
  • Longitude: -80.2151

    Address

  • Full Address: 6629 Schooner Ter
  • Address - House Number: 6629
  • Address - Street Name: Schooner
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Margate
  • Carrier Code: C045
  • 4-Digit Zip Code: 8328
  • Zip Code: 33063

Valuation

    Tax

  • Total Area: 1,792
  • Tax Year: 2023
  • Tax Amount: $1,015,529
  • Tax Rate Code Area: 1212

    Appraisal Valuation

  • Standard Deviation: 0.1829
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 540,826
  • High Value: 639,758
  • Low Value: 441,894

    Market Valuation

  • Market Total Value: $419,220
  • Market Land Value: $24,750
  • Market Improvement Value: $394,470

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $419,220
  • Assessed Land Value: $24,750
  • Assessed Improvements Value: $394,470

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 12, 2021
  • Current Sale Recording Date: Dec 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 117797607
  • Previous Sale Recording Date: Oct 29, 1993
  • Previous Sale Contract Date: Oct 21, 1993
  • Previous Sale Amount: $122,000
  • Previous Sale Document Type: 27
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 Coral Bay

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1573 ft²

Average Home Age

32.7 years

Currently For Sale

15 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 5880 W Sample Road, Coral Springs, FL, 33067

$2,450 /mo

  • 2 Beds
  • 2 Baths
  • 1,064 ft²
5880 W Sample Road #105, Coral Springs, FL, 33067 Listing by Elizabeth Londono

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Joanna M Goriss
RE/MAX Direct
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# F10304223
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 6629 Schooner Terrace built and last sold?
The property at 6629 Schooner Terrace was built in 1993 and last sold on Nov 12, 2021 for $440,500.
How much is this home worth?
The estimated value of the home located at 6629 Schooner Terrace is $0.
What are some comparable homes to 6629 Schooner Terrace?
There are currently no comparable homes to 6629 Schooner Terrace.
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