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480 Margate Dr

Marathon, FL 33050

2 bd 2 ba 2,064 sqft Built 2019 Lot 18,295 sqft single_family
Most recent sale
$750,000
Nov 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 8, 2024 Listing removed $100,000 Marathon
Nov 3, 2022 Sold $750,000 MLS #601563
Oct 18, 2022 Relisted $799,000 MLS #601563
Jun 27, 2022 Listed $799,000 MLS #601563
Oct 29, 2021 Sold $672,000 MLS #596391
May 15, 2020 Listing removed $100,000 FloridaKeys
Mar 4, 2010 Listing removed $100,000 FloridaKeys
Sep 5, 2009 Listed $100,000 MLS #549665
Sep 4, 2009 Listed $100,000 MLS #549665

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $247,172 $402,484 $649,656 $6,690
2022 $256,468 $311,908 $568,376 $6,015
2021 $377,922 $5,187
2020 $343,565 $4,801
2019 $29,238 $1,562
2018 $26,580 $1,139
2017 $82,983 $82,983 $1,053
2016 $82,385 $82,385 $1,052
2015 $19,970 $934
2014 $18,155 $930
2013 $16,505 $878
2012 $15,005 $787
2011 $13,641 $762
2010 $25,311 $884
2009 $46,101 $1,052
2008 $130,169 $1,116
2007 $216,948 $1,726

Property facts

Year built
2019
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
2,064 sqft
Lot size
18,295 sqft
ZIP code
33050
City
Marathon
Street
Margate Dr
Coordinates
24.72699, -81.06168

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,818
Gross rental yield
6.11%
Implied cap rate
3.97%
Trend-extrapolated value

Frequently asked questions

When did 480 Margate Dr last sell?
480 Margate Dr most recently sold on Nov 3, 2022 for $750,000.
What is the current tax assessment for 480 Margate Dr?
The most recent total assessment for 480 Margate Dr (year 2023) is $649,656 with $6,690 in property tax.
How does 480 Margate Dr's assessment compare to its last sale price?
The current assessment is 13.4% below the last sale price of $750,000.
When was 480 Margate Dr built?
480 Margate Dr was built in 2019.
How does 480 Margate Dr compare to others on Margate Dr?
We track 4 other properties on Margate Dr. Browse the list under "Other properties on Margate Dr" to compare beds, baths, and sale history.
What are the property facts for 480 Margate Dr?
480 Margate Dr is a 2 bed, 2 bath, 2,064 sqft, 18,295 sqft lot single_family.
Is 480 Margate Dr a flip candidate?
No — 480 Margate Dr does not appear in our flips dataset.
Is 480 Margate Dr a tax-appeal candidate?
No — 480 Margate Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-4.1%
Implied 1-yr
-16.5%
2026 Q3
$819.1K
2026 Q4
$772.9K
ZIP 33050 — Median Price History + Forecast

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