by RH Advisors

See Home Value
$615,000
House - Off Market

92 W Palm Dr

Margate, FL 33063
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2088 Sqft
$3,808
Estimated Monthly
4.12%
Cap Rate

About This Property

Incredible partially remodeled, tastefully decorated, Bright & Spacious floor plan. Marble in Walk Areas, laminate floor in bedrooms. Vaulted ceiling, Working Fireplace. Island in Kitchen. Storage room, Bonus Den that could be a 4th Bedroom. Huge yard and Covered pool and patio great for entertaining. Great area and Home.
Unit Size
2,088Ft²
Days on Market
37 days
Land Size
0.54 acres
Price per sqft
$326
Property Type
House
Property Taxes
$468
HOA Dues
-
Year Built
1981
Last updated: 7 months ago (Miami MLS #A11483547)

Price History

Date / Event Date Event Price
Dec 15, 2023 Sold $615,000
Sold
Dec 6, 2023 In contract -
In contract
Nov 9, 2023 No longer available -
No longer available
Nov 8, 2023 Listed by Luxe Properties $679,999
Listed by Luxe Properties
Oct 5, 2023 Price Decreased $679,999
↓ $50K (6.9%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 23,533
  • Lot Size Frontage Feet: 1,285
  • Total Building Area: 2,964
  • Gross Building Area: 2,964
  • Building Area: 2,088
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,088
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HAMMON HEIGHTS SEC 3 39-50 B
  • Land Acres: 0.54
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HAMMON HEIGHTS SEC 3 39-50 B LOT 16 LESS C & S F F C D BLK 3

Ownership

  • Current Owner : JOHNS PERRY M
  • Previous Owner : MAD & M LLC
  • Previous Owner 2: BR COMPANY LLC
  • Owner Before Previous Owner: MAKEPEACE CHARLES D
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 020103

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 42
  • District: 1212
  • Parcel: 48-41-36-04-0470
  • Block: 3
  • Lot: 16
  • Meridian: SEC 36 TWN 48S RNG 41E
  • Municipality: MARGATE
  • Latitude: 26.2312
  • Longitude: -80.2027

    Address

  • Full Address: 92 W Palm Dr
  • Address - House Number: 92
  • Street Direction: W
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Margate
  • Carrier Code: C040
  • 4-Digit Zip Code: 4551
  • Zip Code: 33063

Valuation

    Tax

  • Total Area: 2,447
  • Tax Year: 2023
  • Tax Amount: $5,880
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 1212

    Appraisal Valuation

  • Standard Deviation: 0.0835
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 93
  • Final Value: 654,208
  • High Value: 708,842
  • Low Value: 599,574

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $492,000
  • First Open Lien Mortgage Lender: MAD&M LLC
  • First Open Lien Mortgage Recording Date: Dec 18, 2023
  • First Open Lien Mortgage Loan Amount: $492,000
  • First Open Lien Mortgage Term: 24
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Jan 14, 2026

    Market Valuation

  • Market Total Value: $490,660
  • Market Land Value: $94,130
  • Market Improvement Value: $396,530

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $490,660
  • Assessed Land Value: $94,130
  • Assessed Improvements Value: $396,530

    Sales

  • Current Sale Contract Date: Dec 14, 2023
  • Current Sale Recording Date: Dec 18, 2023
  • Current Sale Transaction ID: 11918226915
  • Current Sale Price: $615,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 119290646
  • Previous Sale Recording Date: Jun 13, 2023
  • Previous Sale Contract Date: Jun 07, 2023
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MAD&M LLC
  • First Mortgage Transaction Date: Dec 18, 2023
  • First Mortgage Loan Amount: $492,000
  • First Mortgage Terms: 24
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Jan 14, 2026



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
2 Baths
1,799 ft²
$321/ft²
$577,500 Aug 21, 2023
$577,500 Oct 11, 2023
$655/mo
House
3 Beds
2 Baths
1,785 ft²
$305/ft²
$545,000 Oct 6, 2023
-
$189/mo
House
4 Beds
3 Baths
2,034 ft²
$310/ft²
$630,000 Nov 29, 2023
-
$822/mo

About Hammon Heights


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Frequently Asked Questions

When was property at 92 West Palm Drive built and last sold?
The property at 92 West Palm Drive was built in 1981 and last sold on Dec 14, 2023 for $615,000.
How much is this home worth?
The estimated value of the home located at 92 West Palm Drive is $686,799.
What are some comparable homes to 92 West Palm Drive?
Homes that are comparable to 92 West Palm Drive include a house property at 751 Southwest 54th Avenue, 640 Northwest 49th Avenue, 5580 Southwest 8th Street.

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