7940 NW 9th St, Margate FL 33063, MARGATE, FL, 33063
Active61 days on marketListed Jun 4, 2026MLS #A12029461
About this home
7940 NW 9th St, Margate FL 33063
Investor Opportunity! Spacious 4-bedroom, 2-bath home with 2-car garage and no HOA. Features include a large backyard, solar panels, impact-rated garage door, and natural well for sprinklers. Recent updates: flat roof (2025), main roof in permit approval (paid), new washer/dryer, water heater (2023), AC (2021) under warranty, and solar panel system. Property is leased until Oct 2027 at $4,000/month, with a tenant in place since 2023 for immediate rental income. Buyer to verify all information. Seller and agent assume no responsibility for errors or omissions.
Facts & features
The home at a glance
4
Bedrooms
2
Bathrooms
1,629
Sqft
2
Garage
1976
Year built
$341
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,238 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$4,238/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+19.5%
$/sqft vs Margate actives
$341 vs $175
Days on market
61 vs 77 typical
Where $341/sqft sits among the 400 Margate actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Margate
Get to know Margate. See the full Margate guide →
MARGATE 33063 — neighborhood snapshot
Population
55,539
Median age
45.5
Median income
$62,930
Median home value
$270,100
Avg household
2.25
Households w/ children
5,164
For the school run
Broward County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Margate market
$465K → $338K
Margate median sold, yr/yr
98.8%
Sale-to-list ratio (12 mo)
36 of 400
Margate actives have cut their price
Median sold price, Margate, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 351% above the MARGATE 33063 median. See the full Margate market guide →
Paper trail
This home's history
Reality check
What actually sold near 7940 NW 9th St
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$575,000
630 NW 80th Terrace, Margate FL 33063 · same community
3 bd · 2 ba · 1,629 sqft · $353/sqft · 221 DOM
Sold · Oct ’25$500,000
8109 NW 73rd Ter, Tamarac FL 33321
3 bd · 2 ba · 1,639 sqft · $305/sqft · 28 DOM
Sold · Nov ’25$490,000
8107 NW 73rd Ter, Tamarac FL 33321
4 bd · 2 ba · 1,573 sqft · $312/sqft · 96 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 7940 NW 9th St — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 7940 NW 9th St — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
7940 NW 9th St FAQs
What would the monthly payment be for 7940 NW 9th St, Margate FL 33063?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,238/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 7940 NW 9th St, Margate FL 33063?+
The most recent tax bill on record (2025) was $6,782. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Margate?+
At $555,000, this home is listed about 236% above the Margate median of $165,000. The market section on this page shows how the area is trending.
Which schools are assigned to 7940 NW 9th St, Margate FL 33063?+
Atlantic West Elementary School (elementary), Margate Middle School (middle), Coconut Creek High School (high) — Broward County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of IMC Realty Group Corp · Isis Cunha. MLS #A12029461.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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