1813 E River Dr, Margate, FL, 33063

Price: $329.9k | ARV: $400k

MARGATE | WATERFRONT COTTAGE OPPORTUNITY | VALUE-DRIVEN

• 2 BED / 1 BATH
• 1,012 Sqft
• CBS construction
• Year built: 1958
• Waterfront Lot
• Lot size: 7,500 Sqft
• Covered carport and wide driveway
• Fenced backyard with storage shed

WHY THIS DEAL MAKES SENSE

• Waterfront location commands premium comps and strong buyer interest
• Compact footprint and CBS construction keep rehab and maintenance costs low
• Large 7,500 Sqft lot provides exterior upside and expansion potential
• Excellent access to Florida Turnpike and I-95—convenient for renters and buyers

INTERIOR POTENTIAL

• Efficient 1,012 Sqft layout ready for cosmetic modernization
• Targeted updates (kitchen, baths, finishes) can capture the ARV quickly
• Ideal for a quick flip or a clean rental with minimal capex

EXTERIOR VALUE DRIVERS

• Mature trees and a fenced backyard create privacy and curb appeal
• Covered carport plus wide driveway offer dependable off-street parking
• On-site storage shed adds practical value for owners or tenants

LOCATION = ACCESS + LIFESTYLE

Minutes to Coconut Creek and Pompano Beach for shopping and dining, with fast access to major corridors (Florida Turnpike, I-95). Strong demand corridor for both rentals and resale in Broward County.

IDEAL FOR

• Fix & Flip
• Buy & Hold Rental
• Starter Home or Downsizer
• Value-add investor seeking waterfront upside

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