Sold for $340,000

Zestimate^®

$340,000

2305 E River Drive, Margate, FL 33063

2beds

1,056sqft

Single Family Residence

Built in 1972

7,000 Square Feet Lot

$340,000 Zestimate^®

$322/sqft

$2,468 Estimated rent

Home value

$340,000

$306,000 - $377,000

$2,468/mo

Zestimate^® history

Owner options

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$2,468/mo

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$2,468/mo

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$2,423/mo

Est. payment

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$2,423/mo

Est. payment

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What's special

Large indoor spaceNew airductsNew central ac

Get up to $10k closing credits as well as new impact windows to be installed with full priced offers that close with seller's preferred lender & title company (ask for details). This detached single family home is situated on a 7000sqft canal front lot. It's currently a 2/1 with a large indoor space that can be an extra office/den area (total 1066sqft under AC, or it can be closed to make a 3rd bedroom. A 2nd bathroom can be added to make a 3/2. The home has a new central AC and including new airducts. It's a great starter home or investment property in a good area and NO HOA for under $350k. I also have 2 additional detached, single family homes, on adjacent over-sized canalfront lots on the next street (2/2 with pool and 3/2) that will be coming available soon!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator, Water Heater
Laundry: Washer Hookup, Electric Dryer Hookup, In Carport

Features

Breakfast Bar, Bedroom on Main Level, Living/Dining Room, Main Level Primary, Other, Stacked Bedrooms
Flooring: Tile, Vinyl
Windows: Blinds
Has fireplace: No

Interior area

Total structure area: 1,276
Total interior livable area: 1,056 sqft

Property

Parking

Total spaces: 7
Parking features: Attached Carport, Carport, Driveway
Carport spaces: 1
Uncovered spaces: 6
Details: CarportSpaces:1.00

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Exterior features: Room For Pool
Fencing: Back Yard
Has view: Yes
View description: Canal, Water
Has water view: Yes
Water view: Canal,Water
Waterfront features: Canal Access, Canal Front, None, Other

Lot

Size: 7,000 Square Feet
Features: Fruit Trees, None, < 1/4 Acre

Details

Parcel number: 484125080120
Zoning: R-1
Special conditions: Standard,Listed As-Is

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Block
Foundation: Slab
Roof: Shingle

Condition

Resale
New construction: No
Year built: 1972

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: IBEC ADD NO 2

HOA

Has HOA: No

Location

Region: Pompano Beach

Financial & listing details

Price per square foot: $322/sqft
Tax assessed value: $226,170
Annual tax amount: $5,353
Date on market: 3/26/2026
Cumulative days on market: 50 days
Listing terms: Cash,Conventional,FHA,VA Loan
Electric utility on property: Yes
Road surface type: Asphalt

Price history

Date	Event	Price
6/15/2026	Sold	$340,000-2.6%$322/sqft
Source: BeachesMLS #B26001476 Report a problem
3/14/2026	Listed for sale	$349,000+887.1%$330/sqft
Source: BeachesMLS #B26001476 Report a problem
2/1/1984	Sold	$35,357$33/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,354 +7.9%	$226,170 +10%
2024	$4,960 +7.4%	$205,610 +10%
2023	$4,618 +13.4%	$186,920 +10%
2022	$4,071 +9.5%	$169,930 +10%
2021	$3,717 +10.3%	$154,490 +10%
2020	$3,371 +7.6%	$140,450 +10%
2019	$3,134	$127,690 +3.2%
2018	$3,134 +12.3%	$123,680 +17.2%
2017	$2,790 +5.8%	$105,540 +10%
2016	$2,637 +9.3%	$95,950 +10%
2015	$2,413 +17.9%	$87,230 +10%
2014	$2,047	$79,300 +2.9%
2013	$2,047 +1.6%	$77,050 -9.9%
2012	$2,014 -4.1%	$85,490 -3.2%
2011	$2,100 -9.4%	$88,300
2010	$2,319 -28.6%	$88,300 -32.1%
2009	$3,246 -23.8%	$130,030 -28.6%
2008	$4,258 -15.2%	$182,010 -19.9%
2007	$5,022 +11.3%	$227,330 +21.9%
2006	$4,514	$186,560 +13.8%
2005	--	$163,900 +40.3%
2004	$3,111 +8.6%	$116,780 +10.4%
2003	$2,866 +19.5%	$105,760 +22.1%
2002	$2,398 +9%	$86,600 +8%
2001	$2,200 +19.9%	$80,210
2000	$1,834	--