Margate Estates Homes for Sale

Margate Estates and Homes Of Margate are the same community in Margate. Buyers know it as Margate Estates, while MLS records file it as Homes Of Margate. It is a community in Broward County, Florida. Listings are priced around $505,000, about $316 per square foot, averaging 55 days on market. Homes were built 1981 to 1982. One home is currently for sale. Pure Equity lists homes in Margate Estates and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Margate Estates and the Margate area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows a single listing for Margate Estates Margate homes for sale as of October 2026. The median asking price is $400,000.

That is 153% above the Margate median of $158,000. On a per-foot basis, homes here ask about $398 per square foot, compared with $165 across Margate. So the median price buys roughly 1,000 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 119 days on the market. That tracks the Margate average of 132 days, so pricing and terms follow the wider city market.

Homes listed in Margate Estates date from 1962, so they are about 64 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Here is what the median Margate Estates price means in Florida closing terms. At $400,000, a 20% down payment comes to about $80,000, leaving a loan near $320,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,120. Next, the intangible tax of 0.2% adds about $640. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Margate Estates median, that is about $2,799.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.