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1530 W River Drive, Margate, FL, 33063 | $599,000
Waterfront Florida ranch on the navigable Stranahan River with solid concrete seawall, saltwater heated pool and spa, boat ramp, and NO HOA! 2018 roof, all impact windows and doors, and tile throughout offer peace of mind. Inside, an open-concept layout centers on a designer kitchen with quartz countertops, peninsula seating, stainless steel appliances, coffee bar, and statement farmhouse sink. Both bathrooms are fully renovated with frameless glass showers and spa style finishes. Multiple outdoor living spaces include a travertine pool deck and tranquil front courtyard, all tucked behind a custom privacy wall that creates a true waterfront retreat! Waterfront pool home on the navigable Stranahan River offering approximately 75 feet of water frontage, a solid concrete seawall, and no HOA. This updated single-story residence features a flexible 2-bedroom plus den layout, with the den easily functioning as a third bedroom, guest space, or home office with direct access to the backyard. Designed for privacy and indoor-outdoor living, the property includes a tranquil front zen courtyard and a spacious travertine paver patio surrounding a private saltwater heated pool and spa with Pentair automation. A custom privacy wall enhances the backyard experience by shielding the main entertaining areas while maintaining open waterfront views. The interior offers an open-concept layout with a renovated kitchen featuring quartz countertops, peninsula seating, white cabinetry, open shelving, stainless steel appliances, a farmhouse sink, and dedicated coffee bar. Both bathrooms have been fully updated with frameless glass walk-in showers, rainfall fixtures, and modern tile finishes. Additional improvements include a 2018 roof, full impact windows and doors, tile flooring throughout, and mature landscaping. Navigable water access supports boating, jet skis, kayaking, and paddleboarding directly from the property. Well-suited for buyers seeking waterfront living with flexible space and strong value in the area.
Features
- Rooms: 7
- Bedrooms: 2
- Baths: 2 full
- Lot Size: 75'x136'
- Laundry: Inside, In Kitchen, Laundry Room, Main Level
- Style: Contemporary, Ranch, Traditional
- Year Built: 1965
- Heating: Central, Electric
- Cooling: Central Air, Ceiling Fan(s), Electric
- Approx Sq. Feet: 1,891
- Acreage: 0.23
- Lot Size: 75'x136'
- Est. Taxes: $9,106
- Lot Desc: Sidewalks, Landscaped, Oversized Lot
- View: City, Garden, Pool, Water, Canal, River
- Water Front: Yes
- Boat Service: Private Dock, Ramp
- Elem. School: Margate
- Middle School: Margate
- High School: Coconut Creek
- Pool: Electric Heat, ENERGY STAR Qualified pool pump, Gunite, Heated, In Ground, Salt Water, Equipment Included, Private
- Pet Policy: Yes, No Restrictions
- Appliances: Electric Water Heater, Dryer, Disposal, Dishwasher, Electric Range, Microwave, Refrigerator, Water Heater, Washer
- MLS#: R11155320
- Website: https://www.raveis.com
/prop/R11155320/1530wriverdrive_margate_fl?source=qrflyer
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.Listing courtesy of Illustrated Properties
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1530 W River Drive, Margate, FL, 33063
$599,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $479,200 | $479,200 | $479,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.500% | 5.710% |
| Monthly Tax Payment | $759 | $759 | $759 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,835 | $2,990 | $3,913 |
| Total Monthly Payment | $3,686 | $3,841 | $4,764 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388