21
  • Type
  • Single Family Residence
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Garages
  • 1629 Sq Ft
  • Area Size
7940 NW 9th St, Margate FL 33063 | Broward County | A12029461
  • $529,000

Description

Investor Opportunity! Spacious 4-bedroom, 2-bath home with 2-car garage and no HOA. Features include a large backyard, solar panels, impact-rated garage door, and natural well for sprinklers. Recent updates: flat roof (2025), main roof in permit approval (paid), new washer/dryer, water heater (2023), AC (2021) under warranty, and solar panel system. Property is leased until Oct 2027 at $4,000/month, with a tenant in place since 2023 for immediate rental income. Buyer to verify all information. Seller and agent assume no responsibility for errors or omissions.

Property Overview

This is a 4-bedroom, 2-bath home of about 1629 square feet at 7940 NW 9th St, Margate FL 33063 (Margate 33063), listed at $529,000.

Monthly Costs, Stated Plainly

This home has no mandatory HOA (single-family / no association on record).

The tax of record is $6,782 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $10,580/yr (≈ $882/mo); with the homestead exemption on a primary residence, about $9,580/yr (≈ $798/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price for 7940 NW 9th St, Margate FL 33063 is $529,000. This 4-bedroom, 2-bathroom home with approximately 1629 square feet of living space is being sold without any explicit statement regarding its furnished status. However, it is standard practice that fixtures and built-in appliances convey with the home. Community or on-site amenities, if any, can be confirmed upon request, and it's essential to distinguish between what conveys with the home and what is shared through the HOA.

To verify the specifics of what is included in the sale and to inquire about the community amenities, contact Christopher Lazaro, Margate Real Estate Broker Associate, to discuss the details of this property and schedule a viewing. Reach out to him to confirm the property's features and to get a clearer understanding of what to expect. By contacting Christopher Lazaro directly, you can ensure you have all the necessary information to make an informed decision about this home.

Where exactly is it, and what should I know about the location?

The property at 7940 NW 9th St is located in Margate, FL 33063, situated in the coastal corridor of Broward County. This location provides access to various amenities and services in the area. The property itself is listed at $529,000, featuring 4 bedrooms and 2 bathrooms within approximately 1,629 square feet of living space.

To verify the details of this property and discuss how it meets your needs, consider contacting Christopher Lazaro, Margate Real Estate Broker Associate, to schedule a viewing or request more information about the location and its surroundings. You can reach out to him to ask questions, clarify any concerns, or initiate the process of making this house your home. It is essential to verify all details with Christopher Lazaro to ensure you have the most accurate and up-to-date information.

What are the HOA / association fees, and what do they cover?

The property at 7940 NW 9th St, Margate FL 33063 is a single-family home with no mandatory HOA, meaning the owner is responsible for handling their own utilities and upkeep. As a result, there are no association fees to consider. However, it's essential to note that the property is still subject to city ordinances, which can be found in the municipal code at https://library.municode.com/fl/miami/codes/code_of_ordinances. This distinction is crucial for potential buyers to understand, as it affects their overall cost of ownership and maintenance responsibilities.

To verify the details of this property and discuss how the lack of HOA fees may impact your purchase, we recommend reaching out to Christopher Lazaro, Margate Real Estate Broker Associate, to schedule a consultation and review the property's specifications, including its $529,000 list price and 4bd/2ba ~1629 sqft layout.

What are the property taxes and homestead implications?

The property taxes for 7940 NW 9th St, Margate FL 33063, listed at $529,000, can be estimated in two ways. As an ESTIMATE ONLY, without homestead, the annual property tax would be about $10,580/yr (≈ $882/mo), and with the homestead exemption on a primary residence, it would be about $9,580/yr (≈ $798/mo), considering a Miami-Dade rate near 2.0%. Note that Florida's homestead exemption lowers the taxable value, but only for a primary residence. The tax of record is $6,782 (2025), but Florida reassesses at sale, so these figures are ESTIMATES ONLY, not quotes.

To confirm these estimates and understand the specifics of your situation, it's essential to consult with the Miami-Dade Property Appraiser and a tax professional. For personalized guidance and to verify the details of this property, reach out to Christopher Lazaro, Margate Real Estate Broker Associate, to discuss your options and ensure you have the most accurate information when making your decision.

Is the home in a flood zone, and what does that mean?

The property at 7940 NW 9th St, Margate FL 33063, listed at $529,000, is located in a specific flood zone, which can impact insurance requirements and costs. Flood zones are areas designated by the Federal Emergency Management Agency (FEMA) as being at risk for flooding, with different zones indicating varying levels of risk. For more information on flood zones, visit the FEMA definitions page. To determine the specific flood zone for this property, you can View the FEMA flood map for this address.

Lenders often require flood insurance for properties in high-risk zones, so it's essential to understand the implications of the flood zone designation for this property. If you're interested in learning more about the flood zone and its potential impact on your purchase, contact Christopher Lazaro, Margate Real Estate Broker Associate, to verify the details and discuss how it may affect your decision to buy this 4bd/2ba ~1629 sqft home.

Are pets allowed?

As a single-family home, the property at 7940 NW 9th St, Margate FL 33063, listed at $529,000, does not have a governing board that dictates pet policy. Instead, pet ownership is at the owner's discretion, subject to city and county ordinances, as well as any lease that may be in place. This means that the decision to allow pets is ultimately up to the homeowner. Documented service animals and ESAs carry separate federal protections. To verify the specifics of pet ownership for this 4bd/2ba ~1629 sqft property, contact Christopher Lazaro, Margate Real Estate Broker Associate, to discuss your options and ensure a smooth transaction.

How is the price set and is there room to negotiate?

Miami-Dade single-family homes have recently been closing at 95% of original list, around 41 days to contract, according to MIAMI REALTORS®, May 2026. This market statistic provides a general indication of the negotiability of home prices in the area. However, the specific price of a property like 7940 NW 9th St, a 4bd/2ba ~1629 sqft home listed at $529,000, can be influenced by various factors, including its unique characteristics and the surrounding neighborhood. A more precise assessment of the property's value can be obtained through a Comparative Market Analysis (CMA) specific to Margate, which would take into account the local market conditions and the property's distinct features. To get a better understanding of the property's value and to discuss the potential for negotiation, it's recommended to reach out to Christopher Lazaro, Margate Real Estate Broker Associate, who can provide a Margate-specific CMA and guide you through the process of making an informed offer.

Before setting an offer, it's essential to verify the property's value with a trusted real estate expert like Christopher Lazaro, who has in-depth knowledge of the Margate market. By consulting with him, you can make a more informed decision and navigate the negotiation process with confidence. Contact Christopher Lazaro to schedule a consultation and to obtain a personalized CMA for 7940 NW 9th St, allowing you to proceed with your purchase with a clear understanding of the property's value and the local market conditions.

What financing step do you recommend before touring?

Before touring a property like 7940 NW 9th St, Margate FL 33063, listed at $529,000, it's essential to understand your financing options. Getting pre-approved for a mortgage is a crucial step in this process. To do this, connect with a Florida-licensed mortgage originator through https://Get-PreApproved.com to determine how much you can afford. This will give you a clear picture of your budget and help you make a more informed decision when viewing properties like this 4bd/2ba ~1629 sqft home.

To verify the details of this property or to discuss your pre-approval status, reach out to Christopher Lazaro, Margate Real Estate Broker Associate, to schedule a consultation and explore how this property fits into your overall real estate goals, or to simply confirm the current status of 7940 NW 9th St, Margate FL 33063.

Monthly Fees & Carrying Costs

  • Membership Required: No

Have a question about this Margate listing?

Talk directly with Christopher Lazaro, your Margate real estate advisor. No pressure — real answers.

  • Address: 9th St
  • City: Margate
  • State/county: Broward County
  • Zip/Postal Code: 33063
  • Area: ORIOLE MARGATE SEC 6

Details

Updated on August 26, 2026 at 10:48 pm
  • Property ID A12029461
  • Price $529,000
  • Property Size 1629 Sq Ft
  • Bedrooms 4
  • Room 0
  • Bathrooms 2
  • Garages 2
  • Year Built 1976
  • Type Single Family Residence
  • Property Status Active, Residential

Additional details

  • Flooring Ceramic Floor
  • Bedroom Features At Least 1 Bedroom Ground Level, Primary Bath Shower
  • Cooling Central Air
  • Association Type None
  • Building ORIOLE MARGATE SEC 6
  • Area Oriole Margate Sec 6
  • Annual Tax 6782
  • Association No
  • Elementary School Atlantic West
  • Private Pool No
  • Listing Terms Conventional, FHA
  • Waterfront No
  • Full Bathrooms 2
  • Subdivision ORIOLE MARGATE SEC 6
  • Restrictions No Restrictions
  • Parking Driveway
  • Heating Central
  • Structure Type R30-No Pool/No Water, House
  • Tax Year 2025
  • Construction Concrete Block Construction
  • Building Area 2465
  • Covered Spaces 2
  • Middle School Margate Middle
  • View None
  • Year Built Details Resale
  • High School Coconut Crk High
  • Half Bathrooms 0
  • Flood Zone X
  • Patio / Porch Awning(s)
  • New Construction No
  • Garage Spaces 2
  • Style R30-No Pool/No Water
  • Lot Size (Sq Ft) 7500
  • Membership Purchase Required No

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