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$465,000
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Property Description
No HOA! Bring your RV, boat, or commercial vehicle! This spacious 4-bed, 3-bath single-family home sits on an oversized 10,962 sq ft waterfront lot with a 6-car driveway. The main house offers 3 beds / 2 baths, plus a private 1 bed / 1 bath suite with separate entrance-ideal for guests or in-laws. Enjoy a huge backyard with lake views, a possible dock, or enough room to create your own pool paradise. The upgraded kitchen features quartz countertops and stainless-steel appliances, complemented by an impact sliding door to the patio, accordion shutters, and solar panels. The tropical patio setting is perfect for entertaining. Excellent Margate location close to schools, shopping, and major highways-space, flexibility, and value all in one! *REALTORS, PLEASE MAKE SURE YOUR CLIENT'S DONT TOUCH OWNERS BELONGINGS*
Full Property Details
Full Property Details for 2462 NW 62nd Terrace
General
- Price: $465,000
- Taxes: $4,501 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11910991
- Updated: 1/12/2026
- Added to Site: 70 day(s) ago
Interior
- Interior Features: First Floor Entry, 3 Bedroom Split, Den/Library/Office, Great Room
- Appliances: Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Ceramic Floor, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Primary Bathroom: Shower Only
Bedrooms
- Total Bedrooms: 4
- Bedroom Features: At Least 1 Bedroom Ground Level
Other Rooms
- Living Room: Den/Library/Office, Great Sq. Ft.
- Dining Room: Dining/Living Room
Additional Information
- Security/Safety: Smoke Detector
Exterior
- Exterior Features: Lighting
Parking
- Parking Features: Additional Spaces Available, Driveway, Rv/Boat Parking
Location
- Area: North Margate 1st Add
- County: Broward County
- Subdivision: NORTH MARGATE 1ST ADD, NORTH MARGATE
- Building Name: NORTH MARGATE 1ST ADD
- Driving Directions: From Royal Palm Blvd & US-441 (State Rd 7), head east on Royal Palm Blvd. Turn left (north) onto Rock Island Rd. Continue to NW 24th St and turn right (east). Turn left onto NW 62nd Terrace. Property will be on your right.
- Direction Faces: Northwest
School Information
- Elementary School: Margate Elem
- Middle School: Margate Middle
- High School: Coral Springs
Community
- Community Name: North Margate 1st Add
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, One Story
- Structure Type: House
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Windows: Partial Accordian Shutters, Hurricane Shutters
- Building Size: 1472
- Square Feet: 1,472
- Living Area: 1,472 Sq. Ft.
- Year Built: 1960
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Garden, Lagoon
- Lot Size (Sq. Ft.): 10,962
- Frontage Feet: 20
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: R-1
- Fencing (Description): Fenced
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: WF/No Ocean Access, Lake
Financial Considerations
- Price Per Sq. Ft.: $315.9
- Tax Amount: $4,501
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA, FHA-Va Approved
Disclosures and Reports
- Legal Description: NORTH MARGATE 1ST ADD 50-41 B LOT 15 BLK 11
- Restrictions: No Restrictions, Ok To Lease
- Inclusions: Other
- Property ID: 484124020160
Listed by Oceanica International Realty
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Schools
Schools serving 2462 NW 62nd Terrace
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Margate Elementary School 6300 Northwest 18th Street, Margate, FL 33063 | K-5 | 0.5 mi |
Margate Middle School 500 Northwest 65th Avenue, Margate, FL 33063 | 6-8 | 1.5 mi |
Coral Springs High School 7201 West Sample Road, Coral Springs, FL 33065 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2462 NW 62nd Terrace
Date
Details
Price
Change
Source
11/09/2025
Listed
$465,000
675%
MLS
9/02/2015
Sold
$60,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2462 NW 62nd Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,569
—
$245,880
3%
2024
$4,569
2%
$238,960
3%
2023
$4,474
5%
$232,000
3%
2022
$4,269
3%
$225,250
3%
2021
$4,153
—
$218,690
1%
2021
$4,153
4%
$215,680
2%
2019
$4,008
7%
$210,840
2%
2018
$3,760
1%
$206,910
2%
2017
$3,722
30%
$202,660
1%
2016
$2,865
-3%
$199,920
161%
2015
$2,944
61%
$76,720
10%
2014
$1,827
-23%
$69,750
-12%
2013
$2,368
—
$79,020
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2462 NW 62nd Terrace
2462 NW 62nd Ter, Margate, FL 33063 (MLS# A11910991) is a Single Family property with 4 bedrooms and 3 full bathrooms. 2462 NW 62nd Ter is currently listed for $465,000 and was received on November 09, 2025. Want to learn more about 2462 NW 62nd Ter? Do you have questions about finding other Single Family real estate for sale in Margate? You can browse all Margate real estate or contact a Coldwell Banker agent to request more information.

