
Margate Condo Guide
Margate holds the middle ground between Coral Springs and the beach cities — canal-backed lots from the Oriole Estates era, active-adult condo communities and a stubborn streak of attainability running through mid-county.
Margate by the Numbers
These benchmarks come from recorded MLS closings in Margate during the past year — prices that actually traded and rents that were actually signed, never list prices — and they recalculate on their own as new closings post.
| Bedrooms | Closings | Median price |
|---|---|---|
| 1 bd | 74 | $70,000 |
| 2 bd | 325 | $176,000 |
| 3 bd | 232 | $461,750 |
| 4 bd | 82 | $524,606 |
| 5+ bd | 5 | $600,000 |
| Type | Closings | Median price |
|---|---|---|
| Single Family Residence | 344 | $469,950 |
| Condominium | 272 | $110,000 |
| Townhouse | 72 | $331,200 |
| Villa | 7 | $300,000 |
| Mobile Home | 1 | $100,000 |
| Month | Closings | Median price |
|---|---|---|
| Dec 2025 | 59 | $380,000 |
| Jan 2026 | 38 | $229,750 |
| Feb 2026 | 64 | $317,000 |
| Mar 2026 | 61 | $315,000 |
| Apr 2026 | 78 | $227,500 |
| May 2026 | 68 | $338,000 |
| Jun 2026 | 71 | $335,000 |
| Jul 2026 | 47 | $330,000 |
| Aug 2026 | 53 | $300,000 |
| Sep 2026 | 63 | $325,000 |
| Oct 2026 | 57 | $285,000 |
| Nov 2026 | 3 | $399,900 |
| Bedrooms | Leases | Median rent |
|---|---|---|
| 1 bd | 114 | $1,500/mo |
| 2 bd | 248 | $1,850/mo |
| 3 bd | 104 | $3,000/mo |
| 4 bd | 30 | $3,500/mo |
Northwest Broward's Steady Performer
Margate began as one of Florida's earliest planned communities in the 1950s, its name a blend of founder Jack Marqusee's and the word gateway, and it has settled into a role the county quietly depends on: the attainable middle between Coral Springs' school-driven premiums and the pricing of the coast. Around fifty-eight thousand people live here, and the community is strikingly international, with deep Caribbean, Latin American and Brazilian roots visible in every shopping plaza along the corridors.
The buyer profile follows the fundamentals. First-home families and renovation-minded investors compete for the county's dwindling supply of moderately priced detached houses, while the city's condo campuses and villa sections carry a large and active downsizer market. Long-discussed redevelopment of the city-center parcels remains the future chapter; the parks system and the price point are the reasons people arrive today.
Reading the Margate Market
The signature product is the 1960s-70s block ranch on a real lot, often with a Florida room or pool addition, laced through a freshwater canal network that gives ordinary streets backyard fishing. Canal lots carry modest but genuine premiums, and the northwest sections bordering Coral Springs benefit from school-zone spillover. On the attached side, Oriole Gardens and the Paradise Gardens villa sections anchor a substantial 55+ world, and townhome communities from the 1980s serve the middle tier.
Condo and villa shoppers should treat association review as step one: age-restriction covenants, reserve health and insurance placement vary meaningfully across the campuses. Elsewhere the checklist is vintage-Florida standard, meaning roof age and insurability drive more negotiations than cosmetics. Investor demand stays constant in the duplex pockets, since Margate remains one of Broward's more workable cash-flow markets.
Borrowed Amenities, Central Position
Margate sits where Atlantic Boulevard crosses 441, roughly ten minutes from the Sawgrass Expressway and twenty from the sand. Its practical genius is location: The Walk in Coral Springs, the Promenade in Coconut Creek and the casino district all sit at or near its borders, so residents enjoy three neighboring cities' amenities while carrying one modest city's cost of living.
Buying a Condo or Home in Margate
Much of the demand here comes down to attainable canal lots between Coral Springs and the coast. Use the bedroom and property-type benchmarks to see where your budget lands in Margate, then shortlist buildings before you shortlist units — the association behind a condo shapes your monthly cost as much as the floor plan does. Any listing you open puts the photos, the unit record and the broker one tap away.
A mortgage-backed purchase in South Florida generally needs a month to six weeks to reach closing; an all-cash buyer can finish in roughly half that. For a condo, build in time for the association application and board interview, ask early for the budget, reserve study and milestone-inspection status, and get windstorm and flood quotes before writing an offer. Started on day one, none of this slows a Margate purchase down.
Leasing in Margate
Sensibly priced Margate rentals rarely sit; many lease within a few weeks, and landlords commonly collect the first and last month's rent plus a security deposit at signing. Condo rentals also need the association's tenant approval, which runs on the board's calendar. The signed-rent table shows what tenants agreed to pay by bedroom count during the past year, and the rental map shows what is open for lease today.
Largest Residences Listed in Margate
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Around Margate: Places Worth Knowing
The city's flagship green, with athletic fields, a lake loop and a busy events schedule.
The family aquatic facility at the municipal recreation complex.
Canals threading the residential grid, turning backyards into fishing spots.
One of the neighborhood greens hosting league play on weekends.
The renowned butterfly attraction minutes north in Tradewinds Park.
Gaming, concerts and dining just over the city line.
Where Margate Eats
Jerk spots, roti shops and island bakeries along the city's flavor corridor.
Churrasco plates and pão de queijo serving one of Broward's notable Brazilian communities.
The Colombian family restaurant that anchors the Latin dining rotation.
Diner institutions that start the grid's mornings.
Coconut Creek's open-air dining district sits minutes from most Margate addresses.
Margate Schools
A district anchor at the heart of the city; confirm zoning by address.
The city's central district middle school.
The magnet technical campus next door in Coconut Creek, one of Broward's understated strengths.
A common district high-school assignment at the city's edge.
The parish PK-8 option serving area families.
Attendance zones get redrawn from time to time. Before a school factors into a purchase, confirm the assignment for that exact address with Broward County Public Schools and check private-school admission with each school itself.
Margate Condo & Home Buying Questions
Why do condo values in Margate vary so much from one building to the next?
Margate draws buyers for attainable canal lots between Coral Springs and the coast, yet condo pricing here is set tower by tower: construction era, reserve funding, amenities, insurance costs and view lines can separate two buildings on the same block. Treat the closed-sale benchmarks in this guide as the baseline, then compare individual buildings before you narrow down to a unit.
Where can I find recent sale prices for Margate?
The Margate benchmarks near the top of this guide report the past year's median closed price, price per square foot and bedroom-level medians. They are recalculated from recorded MLS closings as new ones post, so you are never reading a quarterly report that went stale weeks ago.
Is a condo or a single-family house the better fit in Margate?
Start with the property-type table, which shows how condo closings in Margate compare with houses and townhouses. Choosing a condo makes the association's budget, reserves, master insurance policy and approval process part of your purchase; choosing a house makes the roof, windstorm coverage and upkeep yours alone. Each property type has its own map search in the links further down.
How can I see every Margate condo that is listed right now?
Open the Margate condos-for-sale map. It plots each active MLS listing within the city limits, lets you filter by bedrooms, price and property type, and refreshes whenever the feed does — no stale or off-market units.
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