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$55,000 Just Listed
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Property Description
This 55+ condo in the heart of Margate offers a fantastic opportunity for those looking to create a space tailored to their specific taste. As a "diamond in the rough," this unit is perfect for a handy buyer or investor ready to build immediate equity. The interior features a spacious, sun-filled layout that provides a solid foundation for your personalized updates. While the property requires cosmetic work-including flooring, paint, and a kitchen refresh-it is priced to sell and reflects its significant potential. Residents of this quiet community enjoy a relaxed lifestyle with access to excellent amenities like a clubhouse and a sparkling pool. Sold as-is, this represents a rare chance to secure a property at a competitive price point. Schedule your showing today!
Full Property Details
Full Property Details for 550 NW 78th Terrace #205
General
- Price: $55,000
- HOA FEE: $495/month
- Taxes: $526 (2025)
- Status: Active
- Type: Condo
- Source: Regional
- MLS ID: B26016345
- Updated: Today (4/16/2026)
- Added to Site: Today
Interior
- Number of Rooms: 3
- Interior Features: Other
- Appliances: Electric Range, Electric Water Heater, Refrigerator, Water Heater
- Furnishings: Partially
- Flooring: Carpet, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 1
- Bedrooms Main: 1
Other Rooms
- Laundry: Common Area
Additional Information
- Shared Amenities: Clubhouse, Maintenance Grounds, Laundry, Parking
- Security/Safety: None
Exterior
- Exterior Features: None
Parking
- Total Spaces: 2
- Parking Features: Assigned, Common
Location
- County: Broward
- Subdivision: ORIOLE GARDENS TWO 51 CONDO
- Direction Faces: West
School Information
- Elementary School: Atlantic West
- Middle School: Margate
- High School: Coconut Creek
Community
- Community Name: 3632
- Association: Yes
- Assoc. Name: Orio Gardens II Condominium association.
- Assoc. Fees Include: Common Areas, Maintenance Grounds, Maintenance Structure, Pool(s), Roof, Sewer, Trash, Water
- Adult Community: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Structure Type: Multi Family
- Construction: Block, Stucco
- Roof: Other
- Entry Floor Number: 2
- Entry Location: Second Floor Entry
- Stories/Levels: 1
- Building Size: 735
- Square Feet: 735
- Sq. Ft. Source: Assessor
- Living Area: 735 Sq. Ft.
- Year Built: 1974
- Property Condition: Resale
Lot Features
- Property View: Other
- Zoning: R-3A
Financial Considerations
- Association Fee: $495
- Assoc Fee Freq.: Monthly
- Assessment Amount: $35,470
- Tax Amount: $526.49
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Special Conditions: Standard, Listed As-Is
- Legal Description: ORIOLE GARDENS TWO 51 CONDO UNIT 205 PER CDO BK/PG: 5944/169
- Property ID: 484135ka0130
Listed by Blue Lion Realty
Get Pre-Approved Today
Schools
Schools serving 550 NW 78th Terrace #205
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Atlantic West Elementary School 301 Northwest 69th Terrace, Margate, FL 33063 | PK-5 | 0.7 mi |
Margate Middle School 500 Northwest 65th Avenue, Margate, FL 33063 | 6-8 | 1.2 mi |
Coconut Creek High School 1400 Northwest 44th Avenue, Coconut Creek, FL 33066 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 550 NW 78th Terrace #205
Date
Details
Price
Change
Source
4/16/2026
Listed
$55,000
66.67%
MLS
11/03/2016
Sold
$33,000
—
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 550 NW 78th Terrace #205
Year
Property Taxes
Change
Tax Assessment
Change
2025
$526
4%
$82,740
133%
2024
$506
—
$35,470
3%
2024
$506
4%
$34,480
-54%
2023
$487
10%
$74,400
136%
2021
$444
-4%
$31,570
-3%
2022
$464
5%
$32,510
4%
2021
$444
6%
$31,140
2%
2019
$420
4%
$30,440
2%
2018
$403
-56%
$29,880
3%
2017
$918
23%
$28,970
12%
2016
$747
7%
$25,860
24%
2015
$699
-13%
$20,930
-15%
2014
$806
7%
$24,720
10%
2013
$752
—
$22,480
—
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 550 NW 78th Terrace #205
550 NW 78th Terrace #205, Margate, FL 33063 (MLS# B26016345) is a Condo property with 1 bedroom, 1 full bathroom and 1 partial bathroom. 550 NW 78th Terrace #205 is currently listed for $55,000 and was received on April 16, 2026. Want to learn more about 550 NW 78th Terrace #205? 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.

