by Global Lifestyle Properties

See Home Value
$315,000
● House - Off Market

705 E River Drive

Margate, FL 33063
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,164 Ft²
$1,702
Est. Monthly
11.46%
Cap Rate

About This Property

Investor opportunity or cash buyer looking to customize renovations to your liking.  Good bones here, just needs renovation.  New roof in 2011, new garage doors and new asphalt driveway. Backs up to canal and school.  Probate estate sale as-is where-is, no property disclosure. Probate complete, title clear, no code violations, no open permits. Ready to close!
Unit Size
1,164 Ft²
Days on Market
28 days
Land Size
0.29 acres
Price per sqft
$214
Property Type
House
Property Taxes
$479
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

Last updated: 2 months ago (Beaches MLS #F10437869)

Price History

Date / Event Date Event Price
Oct 20, 2025 Listed $380,000
Listed
Great investment opportunity or perfect for a cash buyer ready to renovate and make it their own. Solid structure with great potential—just needs updates. Features a new roof (installed in 2011), new garage doors, and a freshly paved asphalt driveway. Property backs up to a canal and a school. Sold as-is, where-is—with clear title, no code violations, and no open permits.
Sep 26, 2025 Sold
Sold
Sep 5, 2025 In contract -
In contract
May 3, 2024 Listed by Florida Trend Realty LLC $249,000
Listed by Florida Trend Realty LLC

Property Highlights


Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 8
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 2
  • Garage Type: 7
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 12
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,727
  • Lot Size Frontage Feet: 888
  • Total Building Area: 1,808
  • Gross Building Area: 1,808
  • Building Area: 1,164
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,164
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAMMON HEIGHTS SEC 2 34-46 B
  • Land Acres: 0000000292
  • Standard Land Use Code: 1001
  • County Land Use Code: 01-01
  • State Land Use Code: 01
  • Legal Description 1: HAMMON HEIGHTS SEC 2 34-46 B LOT 9 BLK 5

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 020209

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 42
  • District: 1212
  • Parcel: 48-41-36-02-0700
  • Block: 5
  • Lot: 9
  • Meridian: SEC 36 TWN 48S RNG 41E
  • Municipality: MARGATE
  • Latitude: 26.238
  • Longitude: -80.2091

    Address

  • Full Address: 705 E River Dr
  • Address - House Number: 705
  • Street Direction: E
  • Address - Street Name: River
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Margate
  • Carrier Code: C007
  • 4-Digit Zip Code: 4513
  • Zip Code: 33063

Valuation

    Tax

  • Total Area: 1,385
  • Tax Year: 2023
  • Tax Amount: $514,627
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 1212

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 77
  • Final Value: 345,140
  • High Value: 405,007
  • Low Value: 285,273

    Market Valuation

  • Market Total Value: $220,270
  • Market Land Value: $63,640
  • Market Improvement Value: $156,630

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $220,270
  • Assessed Land Value: $63,640
  • Assessed Improvements Value: $156,630
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 Hammon Heights


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Frequently Asked Questions

When was property at 705 East River Drive built and last sold?
The property at 705 East River Drive was built in 1956 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 705 East River Drive is $0.
What are some comparable homes to 705 East River Drive?
There are currently no comparable homes to 705 East River Drive.