1624 E River Dr, Margate, FL 33063

• 2 beds |
• 1 bath |
• 975 sqft

Property Description

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.

Listing Status:

Active

Date Added:

December 26, 2025 at 06:00AM

Listing Office:

Luxe Properties : 305-809-7650

Listing Agent:

Keily Berrios : 786-308-5459

MLS ID:

A11935605

Interior

• General: First Floor EntryOther
• Appliances: MicrowaveElectric RangeRefrigerator
• Flooring: Other
• A/C: Central Air
• Heating: Central

Exterior

• General: Fruit TreesOther
• Style: DetachedOther
• Parking: Other

Construction

• Roofing: Shingle
• General: Concrete Block Construction

Location

• Originating MLS: Miami Association of REALTORS®
• County: Broward County

Lot

• Zoning: R-1MARGATE 3RD ADD 44-48 B LOT 20 BLK 17484125032020
• View: Other

Utilities

• Water: Municipal Water
• Sewer: Public Sewer

Financial

• Source: Miami Association of REALTORS®

This listing courtesy of Keily Berrios, Luxe Properties