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550 NW 78th Terrace # 205, Margate FL 33063

Condo/Co-op Recently Sold
$50,000

BTC: 0.77821012

ETH: 26.27927511

Sold on: 2026-06-15
12 days
1 bds
1 ba
735 sqft

Overview

This 55+ condo in the heart of Margate offers a fantastic opportunity for those looking to create a space tailored to their specific taste. As a "diamond in the rough," this unit is perfect for a handy buyer or investor ready to build immediate equity. The interior features a spacious, sun-filled layout that provides a solid foundation for your personalized updates. While the property requires cosmetic work—including flooring, paint, and a kitchen refresh—it is priced to sell and reflects its significant potential. Residents of this quiet community enjoy a relaxed lifestyle with access to excellent amenities like a clubhouse and a sparkling pool. Sold as-is, this represents a rare chance to secure a property at a competitive price point. Schedule your showing today!

Location

Details

Type:
Residential
Parking:
Assigned / Common
Year Built:
1974
Lot:
No Data
Heating:
Central / Other
Price/sqft:
$75
Cooling:
Ceiling Fan(s) / Central Air
HOA:
$495

Valuation

Our model vs. what's actually selling nearby.
Estimate
$95,000
$62K – $145K
Confidence Low
List vs. estimate
$40K below estimate
List $55,000 · -42.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$74
-48.3% vs. city median $144
Based on
531 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$526
2025
HOA
$495/mo
View
Other, Other Water View
Parking
2 spaces
Furnished
Partially
Pets
Not allowed
All facts and features
  • Flooring

    • Carpet

    • Tile

    • Vinyl

    Heating

    • Central

    • Other

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Electric Water Heater

    • Electric Range

    • Refrigerator

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Bathrooms: 1

    • Full bathrooms: 1

  • Parking

    • Assigned

    • Common

    Property

    • Levels: 1

    • Exterior Features: Exterior Cat Walk / None

    Other Property Information

    • Parcel Number: 484135ka0130

    • Zoning: R-3A

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Cable Available

  • Other financial information

    • HOA: $495

    • HOA Frequency: Monthly

    • Annual tax amount: $526

  • Source details

    • MLS ID: B26016345

    Other facts

    • Construction Materials: Concrete Block Construction / Stucco

    • Laundry Features: Common Area

    • Direction Faces: West

    • Other Structures: Livable

    • Architectural Style: Patio/Cluster

    • Living Area: 735

    • Water Source: Public

    • Subdivision Name: ORIOLE GARDENS TWO 51 COND,Oriole Gardens 2

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Blue Lion Realty