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!
Sold for $50,000
$50,000
550 NW 78th Terrace #205, Margate, FL 33063
1beds
735sqft
Condominium
Built in 1974
-- sqft lot
$-- Zestimate®
$68/sqft
$1,612 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,612/mo
Zestimate® history
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List your homeWhat's special
Sparkling poolSpacious sun-filled layout
Zillow last checked:
Listing updated:
Listed by:
Cedric Dadaille 561-674-2240,
Blue Lion Realty
Bought with:
Isadora Santos, 3512215
Keyes - Boca East
Source: BeachesMLS,MLS#: B26016345
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Heating
- Central, Other
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Range, Electric Water Heater, Refrigerator, Water Heater
- Laundry: Common Area
Features
- Other
- Flooring: Carpet, Tile, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 735
- Total interior livable area: 735 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Common
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: Second Floor Entry
- Exterior features: None
- Has view: Yes
- View description: Other
Details
- Parcel number: 484135ka0130
- Zoning: R-3A
- Special conditions: Standard,Listed As-Is
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block, Stucco
- Roof: Other
Condition
- Resale
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Security: None
- Senior community: Yes
- Subdivision: ORIOLE GARDENS TWO 51 CONDO
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Maintenance Grounds, Laundry, Parking
- Services included: Common Areas, Maintenance Grounds, Maintenance Structure, Pool(s), Roof, Sewer, Trash, Water
- HOA fee: $495 monthly
- HOA name: Orio Gardens II Condominium association.
- HOA phone: 954-972-3410
Location
- Region: Pompano Beach
Financial & listing details
- Price per square foot: $68/sqft
- Tax assessed value: $35,470
- Annual tax amount: $526
- Date on market: 4/16/2026
- Cumulative days on market: 344 days
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Sold | $50,000-9.1%$68/sqft |
Source:  BeachesMLS #B26016345 Report a problem | ||
| 4/28/2026 | Pending sale | $55,000$75/sqft |
Source: BeachesMLS #B26016345 Report a problem | ||
| 4/16/2026 | Price change | $55,000-8.3%$75/sqft |
Source: BeachesMLS #B26016345 Report a problem | ||
| 3/10/2026 | Price change | $60,000-4.8%$82/sqft |
Source: BeachesMLS #F10499447 Report a problem | ||
| 1/5/2026 | Price change | $63,000-3.1%$86/sqft |
Source: BeachesMLS #F10499447 Report a problem | ||
| 6/13/2025 | Price change | $65,000-5.8%$88/sqft |
Source: BeachesMLS #F10499447 Report a problem | ||
| 4/22/2025 | Listed for sale | $69,000+109.1%$94/sqft |
Source: BeachesMLS #F10499447 Report a problem | ||
| 11/10/2016 | Sold | $33,000+65%$45/sqft |
Source: BeachesMLS #F10031071 Report a problem | ||
| 7/24/2009 | Sold | $20,000-45.9%$27/sqft |
Source: Public Record Report a problem | ||
| 12/1/2004 | Sold | $37,000+270%$50/sqft |
Source: Public Record Report a problem | ||
| 3/1/2001 | Sold | $10,000$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $526 +4% | $35,470 +2.9% |
| 2024 | $506 -73.9% | $34,480 -53.7% |
| 2023 | $1,939 +318.2% | $74,400 +128.9% |
| 2022 | $464 +4.5% | $32,510 +3% |
| 2021 | $444 +2.2% | $31,570 +1.4% |
| 2020 | $434 +3.4% | $31,140 +2.3% |
| 2019 | $420 | $30,440 +1.9% |
| 2018 | $420 +4.2% | $29,880 +3.1% |
| 2017 | $403 -56.2% | $28,970 +25.8% |
| 2016 | $918 +22.9% | $23,020 +10% |
| 2015 | $747 -7.3% | $20,930 -15.3% |
| 2014 | $806 | $24,720 +10% |
| 2013 | $806 +58.1% | $22,480 +3.9% |
| 2012 | $510 +4.2% | $21,640 +4% |
| 2011 | $489 -22.9% | $20,810 +11.9% |
| 2010 | $634 +102.7% | $18,600 -38.9% |
| 2009 | $313 -51.1% | $30,440 -32.9% |
| 2008 | $640 | $45,350 |
Find assessor info on the county website
Neighborhood: 33063
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Nearby schools
GreatSchools rating
- 6/10Atlantic West Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 5/10Margate Middle SchoolGrades: 6-8Distance: 1.2 mi
- 3/10Coconut Creek High SchoolGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- Elementary: Atlantic West
- Middle: Margate
- High: Coconut Creek
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Florida
- Broward County
- Margate
- 33063
- 550 NW 78th Terrace Unit 205
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