Margate Village Phase I C Homes for Sale

Margate Village Phase I C is a residential community in Margate, Florida. Active listings are currently priced from $140K–$155K.

Pure Equity Realty covers Margate Village Phase I C 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 2 Margate Village Phase I C Margate homes for sale as of September 2026. The median asking price is $148,000. Asking prices run from $140,000 to $155,000.

That is 7% below the Margate median of $158,000. On a per-foot basis, homes here ask about $175 per square foot, compared with $165 across Margate. So the median price buys roughly 850 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 223 days on the market. That is slower than the Margate average of 132 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Margate Village Phase I C date from 1972, so they are about 54 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 Village Phase I C have a median asking rent of $1,550 per month, across 3 active rental listings. For comparison, the Margate median is $1,900, so rents here run 18% lower.

You can browse current Margate rentals or ask us for a rent estimate on a specific Margate Village Phase I C home.

Here is what the median Margate Village Phase I C price means in Florida closing terms. At $148,000, a 20% down payment comes to about $30,000, leaving a loan near $118,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $413. Next, the intangible tax of 0.2% adds about $236. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Margate Village Phase I C median, that is about $1,033.

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.

Recent Margate Village Phase I C listings show assignments to Margate (elementary), Margate (middle) and Coral Springs (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.