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$360,000 Just Listed
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Property Description
This townhouse in Merrick Preserve, Margate, FL, offers an appealing blend of comfort, safety, and convenience, ideal for families. With 3 bedrooms and 3 bathrooms, it provides ample space in a well-maintained, gated community, ensuring privacy and security. Its family-friendly environment, with its proximity to good schools, makes it a great choice for children. Additionally, its location in Margate places residents near shopping centers, dining, parks, and major highways, allowing for easy commutes and access to amenities. This property would be a great fit for families seeking a safe, community-oriented neighborhood with convenient local amenities.
Full Property Details
Full Property Details for 3116 Merrick Terrace #3116
General
- Price: $360,000
- HOA FEE: $466/month
- Taxes: $6,813 (2023)
- Status: Active
- Type: Condo
- Source: Regional
- MLS ID: F10556558
- Updated: 3/6/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Main Level Primary, Upper Level Primary
- Fireplace: Yes
- Appliances: Dryer, Dishwasher, Electric Range, Disposal, Gas Range, Microwave, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
- Flooring: Ceramic Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 1
Additional Information
- Shared Amenities: Maintenance Grounds, Pool, Parking
- Pool: Yes
- Pool Description: Association
- Security/Safety: Gated Community, Key Card Entry, Phone Entry
Exterior
- Exterior Features: Balcony, Outdoor Living Area
- Porch/Patio/Deck: Patio, Porch, Balcony
Parking
- Parking Features: Guest
Location
- County: Broward
- Subdivision: MERRICK PRESERVE
- Driving Directions: State Rd. 7 to NW 31 St., go east on Sample Rd. to NW 54 Ave., go south on Merrick Ln, go west to the next left, keep going until the next left, and go straight; the property is on the west side of the street.
School Information
- Elementary School: Liberty (Broward)
- Middle School: Margate
- High School: Monarch
Community
- Community Name: 3522
- Association: Yes
- Assoc. Fees Include: Common Areas, Maintenance Grounds, Pool(s)
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Structural Information
- Construction: Stucco
- Entry Floor Number: 1
- Entry Location: First Floor Entry
- Stories/Levels: 2
- Square Feet: 1,527
- Living Area: 1,527 Sq. Ft.
- Year Built: 2005
- Property Condition: Resale
Lot Features
- Property View: Garden
- Land Lease Avail: Yes
Financial Considerations
- Association Fee: $466
- Assoc Fee Freq.: Monthly
- Assessment Amount: $301,140
- Tax Amount: $6,813
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: MERRICK PRESERVE CONDO UNIT 1901 BLDG 19 PER CDO BK/PG: 38253/524
- Property ID: 484219AE1470
Listed by GP MyRealtor Group LLC
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Schools
Schools serving 3116 Merrick Terrace #3116
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Liberty Elementary School, Margate, FL 2450 Banks Road, Margate, FL 33063 | K-5 | 0.8 mi |
Margate Middle School 500 Northwest 65th Avenue, Margate, FL 33063 | 6-8 | 2.3 mi |
Monarch High School 5050 Wiles Road, Coconut Creek, FL 33073 | 9-12 | 1.2 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 3116 Merrick Terrace #3116
Date
Details
Price
Change
Source
3/06/2026
Listed
$360,000
28.57%
MLS
7/15/2021
Sold
$280,000
—
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 3116 Merrick Terrace #3116
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,527
—
$339,410
-5%
2024
$7,527
10%
$355,520
18%
2023
$6,813
34%
$301,140
38%
2021
$5,097
-16%
$217,770
-18%
2022
$6,094
20%
$264,370
72%
2021
$5,097
90%
$153,260
2%
2019
$2,680
7%
$149,820
2%
2018
$2,515
1%
$147,030
2%
2017
$2,484
4%
$144,010
2%
2016
$2,399
-2%
$141,050
1%
2015
$2,458
—
$140,070
1%
2014
$2,467
-14%
$138,960
25%
2013
$2,855
—
$111,470
—
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 3116 Merrick Terrace #3116
3116 Merrick Terrace #3116, Margate, FL 33063 (MLS# F10556558) is a Condo property with 3 bedrooms and 3 full bathrooms. 3116 Merrick Terrace #3116 is currently listed for $360,000 and was received on March 06, 2026. Want to learn more about 3116 Merrick Terrace #3116? Do you have questions about finding other Condo real estate for sale in Margate? You can browse all Margate real estate or contact a Coldwell Banker agent to request more information.

