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Listing view 2

1624 E River Dr, 
Margate, FL 33063

$380,000

2

Beds

1

Bath

975

Sq Ft

Single Family

Active

Listed by

Keily Berrios

, 

Nestor Palacios

Luxe Properties

Last updated:

January 1, 2026, 10:57 AM

MLS#

A11935605

Source:

SEFMLS

About This Home

1624 E River Dr

Prime Investment Opportunity! This single-family residence presents a high-yield opportunity for savvy investors looking to capitalize on the robust Margate rental market. Situated on a generous 7,998 square foot lot, this property offers the ideal footprint for a "buy-and-hold" strategy or a strategic value-add renovation. The home currently features a functional 2-bedroom, 1-bathroom layout. The location is a major draw for long-term equity growth, nestled in a quiet residential pocket with no HOA restrictions, allowing for maximum flexibility in management and leasing. The property is ideally positioned near major South Florida thoroughfares, local parks, and shopping hubs, ensuring low vacancy rates and high tenant demand. Whether you are looking to fix-and-flip in a neighborhood where renovated homes are commanding premium prices or seeking a steady cash-flowing asset to add to your portfolio.

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1959

Price Summary

380,000

$389 per Sq. Ft.

MLS #:

A11935605

Last Updated:

January 1, 2026, 10:57 AM

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

975 Sq. Ft.

Structure

Structure

Architectural Style:

Detached

Building Area:

1,626 Sq. Ft.

Year Built:

1959

Lot

Lot Size (Sq. Ft):

7,998

Finances & Disclosures

Finances

Price:

$380,000

Price per Sq. Ft:

$389 per Sq. Ft.

Source:SEFMLS
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.