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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
- Sold For: $50,000
- HOA FEE: $495/month
- Taxes: $526 (2025)
- Status: Closed
- Type: Condo
- Source: Regional
- MLS ID: B26016345
- Added to Site: 92 day(s) ago
Interior
- 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
Sold by Keyes - Boca East
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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
6/15/2026
Sold
$50,000
-9.09%
MLS
4/16/2026
Listed
$55,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
550 NW 78th Terrace #205, Margate, FL 33063 (MLS# B26016345) is a Condo property that was sold at $50,000 on June 15, 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.

