When was property at 7331 Santa Monica Drive built and last sold?

The property at 7331 Santa Monica Drive was built in 1995 and last sold on Nov 24, 2020 for $355,000.

How much is this home worth?

The estimated value of the home located at 7331 Santa Monica Drive is $0.

What are some comparable homes to 7331 Santa Monica Drive?

There are currently no comparable homes to 7331 Santa Monica Drive.

Margate

33063

Palm Island

7331 Santa Monica Dr

$355,000

● House - Off Market

7331 Santa Monica Dr

Margate, FL 33063

3 Beds

3 Baths, 1 Half Bath

1,685 Ft²

$469,697

RealtyHop Estimate

31.38%

Since Jan 1, 2021

National-US

Primary Model

About This Property

Immaculate and updated, this beautiful two story, 3 bedroom 2.5 bath, 1 CG waterfront home is located in Cypress Cove of Margate and is waiting for you! Gated community with a low maintenance fee on Cul-de-Sac. This home features an updated kitchen with wood and stainless steel appliances, updated bathrooms, hurricane shutters, updated floors and more. Come relax on your aluminum covered, screened-in patio that incudes a top-rated hot tub while taking in garden and water views. Owners are impeccable and it shows. Sold as is with right to inspect. This home won't last and is priced to sell...so call now!

Unit Size

1,685 Ft²

Days on Market

Land Size

Price per sqft

$212

Property Type

House

Property Taxes

$517

HOA Dues

$13

Year Built

1995

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (Beaches MLS #F10255466)

Price History

Date / Event	Date	Event
Dec 15, 2020	Sold	Premium
Sold
Oct 24, 2020	Listed by RE/MAX House of Real Estate	$357,500
Listed by RE/MAX House of Real Estate
Dec 31, 2018	Sold	Premium
Sold
Dec 29, 2018	No longer available	-
No longer available
Oct 4, 2018	Listed by RE/MAX House of Real Estate	$329,900
Listed by RE/MAX House of Real Estate

Property Highlights

Building Info

Overview

General

Year Built: 1995

Effective Year Built: 1996
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: 200
Living Units: 1
Floor Cover: 2
Basement Type: 0
Basement Area: 0
Parking Type: 6
Garage Type: 7
Garage Square Area: 192
Parking Space Count: 1
Patio Type: 55
Porch Type: 111
Pool Type: 0

Dimensions

Lot Size Square Feet: 3,570

Total Building Area: 1,960
Gross Building Area: 1,960
Building Area: 1,685
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 0
Heated Square Feet: 1,685
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: THE PALM ISLAND PLAT 151-31 B
Land Acres: 0000000082
Standard Land Use Code: 1001
County Land Use Code: 01-01
State Land Use Code: 01
Legal Description 1: THE PALM ISLAND PLAT 151-31 B POR PAR A DESC AS COMM SW COR PAR A,E 1401.05,N 35 TO POB,CONT N 85,E 42,S 85,W 42 TO POB AKA: LOT 107 CYPRESS COVE

Neighborhood

School District Name: Broward County School District

Census Tract: 020214

Zoning

Zoning: PUD

Geography

Assessors Map Reference: 32

District: 1212
Parcel: 48-41-26-18-1070
Lot: 107
Meridian: SEC 26 TWN 48S RNG 41E
Municipality: MARGATE
Latitude: 26.2505
Longitude: -80.2227

Address

Full Address: 7331 Santa Monica Dr

Address - House Number: 7331
Address - Street Name: Santa Monica
Address - Suffix Type: Dr
State: FL
City Name: Margate
Carrier Code: C009
4-Digit Zip Code: 1203
Zip Code: 33063

Valuation

Tax

Total Area: 1,708

Tax Year: 2023
Tax Amount: $796,364
Tax Rate Code Area: 1212

Appraisal Valuation

Standard Deviation: 0.1829

Valuation Date: Feb 21, 2024
Confidence Score: 76
Final Value: 533,809
High Value: 631,457
Low Value: 436,161

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $397,430

Market Land Value: $28,560
Market Improvement Value: $368,870

Assessments Valuation

Assessed Year: 2024

Assessed Total Value: $321,160

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Nov 24, 2020

Current Sale Recording Date: Dec 15, 2020
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 116926800
Previous Sale Recording Date: Dec 31, 2018
Previous Sale Contract Date: Dec 21, 2018
Previous Sale Amount: $305,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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Previous Mortgages

Previous Mortgage Lender:

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Previous Mortgage Transaction Date:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

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Previous Mortgage Loan Type:

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Previous Mortgage Loan Due Date:

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

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Comparables

About Palm Island

Stats & Trends

Median Asking:

$461,500

Sale Price/ft²

$339

Below Asking

0.01%

Average Days on Market

Average Home Size

1625 ft²

Average Home Age

32 years

Currently For Sale

3 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 5275 Jamboree Place, Margate, FL, 33063

$2,650 /mo

2 Beds
1 Bath
1,170 ft²

5275 Jamboree Place, Margate, FL, 33063 Listing by Scott J Ofstein

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

Click here to view more rentals in the neighborhood.

Listed by: Deborah Carr
RE/MAX House of Real Estate
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10255466

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.

7331 Santa Monica Dr

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Palm Island

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions