$451,000
($62,763 down)5561 SW 6th St, Margate, FL 33068
PITI Monthly
Listing courtesy of: Brenae Robinson, LPT Realty
Assumed Rate
6.36%
7.15%Principal & Interest
$2,477 /mo
$2,686 /moWhat's Special
Discover the perfect blend of comfort, style & convenience in this updated 3-bed, 2-bath home in sunny Margate. Whether for family living or investment, this property has it all—w/out HOA restrictions. The open floor plan features a chef-inspired kitchen w/ stainless steel appliances, granite countertops & a spacious island. The backyard is a private oasis w/ a state-of-the-art pool, sun ledge, hot tub & custom putting green—perfect for relaxation & entertainment. The home also boasts a newer roof (2022) and an updated AC for peace of mind. A double driveway with a carport provides ample parking. Located near Pompano Beach, Fern Forest Nature Center & DRV PNK Stadium, enjoy easy access to outdoor activities, shopping & dining. Don’t miss this opportunity—schedule your showing today!
Assumption Snapshot
Type of Loan
FHA
Interest Rate
6.36
Remaining Loan Term
27 years, 11 months
Monthly PITI
$3,487.19/mo
Estimated Loan Balance
$388,654
Cash to close
$62,763
Interest Paid
$52,079
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
Cooling & Heating
- Cooling: CentralAir
- Heating: Central
Features
- Materials: Block
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: Unknown
- Flooring: Tile
Exterior
Fencing
- Fencing: Unknown
Roof
- Roof: Composition, Shingle
Parking
- Garage: No
- Garage Spaces: 0
- Carport: Yes
- Carport Spaces: 1
Water
- Sewer: PublicSewer
- Water Source: Public
Pool
- Has Pool: Yes
- Pool Features: InGround, Pool, ScreenEnclosure
Construction
Type & Style
- Stories:
- Home type: SingleFamilyResidence
- Architectural Style: OneStory
Materials
- Block
- Roof: Composition, Shingle
Condition
- Year Built: 1960
Details
- Builder:
Community & HOA
Community
- Subdivision: MARGATE ESTATES SEC 1
- Features: NonGated
HOA
- Has HOA: No
Location
- Region: Margate
Financial Details
- Price per Sqft: $387.12
- Tax Annual Amount: $6742
- On Market Date: 2025-02-18T00:00:00.000Z
Inquire about this property
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You cover the entire equity of $62,763!
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: F10487291
Listing From:
Last updated: 2025-03-20T19:11:07.000Z
© , FTL. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.
Assumed Rate
6.36%
7.15%Principal & Interest
$2,477 /mo
$2,686 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $62,763!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000Resources
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