What is the asking price and what does it include?

The list price for 7378 Flores Way, Margate FL 33063 is $509,900. The property is a Single Family Residence with 4 bedrooms, 2 bathrooms, approximately 1844 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 7378 Flores Way, Margate FL 33063 in Margate, 33063. Coordinates are approximately 26.2525544, -80.2231217. Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Margate — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 509,900 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 7378 Flores Way, Margate FL 33063.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

Home
Buying
Selling
Property Search
Contact

Home
Buying
Selling
Property Search
Contact

Get Pre-Approved !

Home
Buying
Selling
Property Search
Contact

Get Pre-Approved !

Home
Single Family Residence
7378 Flores Way, Margate FL 33063 | Broward County | A12025320

Share on:
WhatsApp Pinterest Facebook X LinkedIn Email

7378 Flores Way, Margate FL 33063 | Broward County | A12025320

7378 Flores Way, Margate FL 33063

Residential Active

$509,900

31 More

Type
Single Family Residence

4
Bedrooms

2
Bathrooms

1
Garage

1844 Square Feet
Area Size

Share on:
WhatsApp Pinterest Facebook X LinkedIn Email

Residential Active

7378 Flores Way, Margate FL 33063 | Broward County | A12025320

7378 Flores Way, Margate FL 33063

$509,900

Description

Beautifully remodeled 4 bedroom, 2 bathroom residence in the gated community of Cypress Cove in Margate. It features a stunning new chef’s kitchen with Samsung smart appliances and new quartz countertops, fully renovated bathrooms with stylish contemporary finishes, and elegant high-end vinyl and tile flooring throughout the home. It also has a brand-new Samsung washer and dryer. Designed for both relaxing and entertaining, the spacious layout opens to your own backyard retreat complete with an updated private pool, perfect for enjoying the Florida lifestyle year-round. Additional upgrades include a newly installed hurricane-rated impact garage door for added peace of mind and curb appeal. Ideally located near premier shopping, dining, entertainment, and major highways, this move-in-ready home offers the perfect combination of privacy and accessibility. Don’t miss this incredible opportunity to own a turnkey home in the heart of Margate. It won’t last!

Address

Open on Google Maps

Address: Flores Way
City: Margate
State/county: Broward County
Zip/Postal Code: 33063
Area: PALM ISLAND PLAT 2, Cypress Cove

Details

Updated on May 28, 2026 at 5:28 am

Property ID A12025320
Price $509,900
Property Size 1844 Square Feet
Bedrooms 4
Bathrooms 2
Garage 1
Year Built 1994
Type Single Family Residence
Property Status Residential

Additional details

ArchitecturalStyle Detached, Two Story
AssociationFee 28
AssociationFeeFrequency Monthly
BathroomsFull 2
BathroomsHalf 0
BuildingAreaTotal 2119
BuildingAreaUnits Square Feet
BuildingName PALM ISLAND PLAT 2
CommunityFeatures Gated Community
ConstructionMaterials Concrete Block Construction, Composition Shingle, Stucco
ContractStatusChangeDate 2026-05-26
Cooling Central Air, Electric
CoveredSpaces 1
DaysOnMarket 2
DirectionFaces East
Directions From Sample Rd, head south on Rock Island Rd. Turn right onto NW 31st Street, then left into the community on Flores Way. Follow the road to property located at 7378 Flores Way, Margate, FL 33063.
ElementarySchool Atlantic West
ExpirationDate 2026-12-31
Flooring Tile
Heating Central
HighSchool Coconut Crk High
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 954-344-1446
ListingTerms All Cash, Conventional, FHA, FHA-Va Approved
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 3486
MLSAreaMajor Palm Island Plat 2
MajorChangeTimestamp May 27, 2026 at 09:38pm
MajorChangeType Price Decrease
MiddleOrJuniorSchool Margate Middle
MlsStatus Active
ModificationTimestamp May 28, 2026 at 03:02am
OnMarketDate 2026-05-26
OriginalEntryTimestamp May 27, 2026 at 09:37pm
OriginalListPrice 519900
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 484126181870
ParkingFeatures Driveway, Other
PhotosChangeTimestamp May 27, 2026 at 09:40pm
PhotosCount 36
PoolFeatures In Ground
Possession Funding
PostalCode 33063
PostalCodePlus4 2464
PreviousListPrice 519900
PriceChangeTimestamp May 27, 2026 at 09:38pm
PublicSurveyRange 48
PublicSurveySection 26
PublicSurveyTownship 48
Roof Barrel Roof
RoomsTotal 0
Sewer Public Sewer
ShowingInstructions Showing Assist
SourceSystemKey 495654546
StateOrProvince FL
StatusChangeTimestamp May 27, 2026 at 09:37pm
StreetName Flores Way
StreetNumber 7378
StreetNumberNumeric 7378
StructureType Pool Only, House
SyndicationRemarks Beautifully remodeled 4 bedroom, 2 bathroom residence in the gated community of Cypress Cove in Margate. It features a stunning new chef’s kitchen with Samsung smart appliances and new quartz countertops, fully renovated bathrooms with stylish contemporary finishes, and elegant high-end vinyl and tile flooring throughout the home. It also has a brand-new Samsung washer and dryer. Designed for both relaxing and entertaining, the spacious layout opens to your own backyard retreat complete with an updated private pool, perfect for enjoying the Florida lifestyle year-round. Additional upgrades include a newly installed hurricane-rated impact garage door for added peace of mind and curb appeal. Ideally located near premier shopping, dining, entertainment, and major highways, this move-in-ready home offers the perfect combination of privacy and accessibility. Don’t miss this incredible opportunity to own a turnkey home in the heart of Margate. It won’t last!
TaxAnnualAmount 13757
TaxLegalDescription PALM ISLAND PLAT #2 146-34 B POR PAR A DESC AS COMM WLY MOST NW COR PAR A, S 97.93, E 205.77 TO POB, CONT E 42, S 83, W 42, N 83 TO POB AKA: LOT 1
TaxYear 2025
View None, Other
WaterSource Municipal Water
YearBuiltDetails Resale
Zoning PUD