Margate Gardens Condo Homes for Sale

Margate Gardens Condo is a residential community in Margate, Florida. Active listings are currently priced from $145K–$145K.

Pure Equity Realty covers Margate Gardens Condo 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 Gardens Condo Margate homes for sale as of October 2026. The median asking price is $145,000.

That is 8% below the Margate median of $158,000. On a per-foot basis, homes here ask about $164 per square foot, roughly in line with the city at $165. So the median price buys roughly 900 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 44 days on the market. That is faster than the Margate average of 132 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Margate Gardens Condo date from 1966, so they are about 60 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.

Rentals in Margate Gardens Condo have a median asking rent of $1,650 per month, across 1 active rental listing. For comparison, the Margate median is $1,900, so rents here run 13% lower.

You can browse current Margate rentals or ask us for a rent estimate on a specific Margate Gardens Condo home.

Here is what the median Margate Gardens Condo price means in Florida closing terms. At $145,000, a 20% down payment comes to about $29,000, leaving a loan near $116,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $406. Next, the intangible tax of 0.2% adds about $232. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Margate Gardens Condo median, that is about $1,015.

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.