Merrick Preserve Homes for Sale

Merrick Preserve is a residential community in Margate, Florida.

Pure Equity Realty covers Merrick Preserve 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 3 Merrick Preserve Margate homes for sale as of October 2026. The median asking price is $349,000. Asking prices run from $320,000 to $355,000.

That is 121% above the Margate median of $158,000. On a per-foot basis, homes here ask about $232 per square foot, compared with $165 across Margate. So the median price buys roughly 1,500 square feet of living area.

Listings here have averaged 145 days on the market. That tracks the Margate average of 132 days, so pricing and terms follow the wider city market.

Homes listed in Merrick Preserve date from 2004, so they are about 22 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Here is what the median Merrick Preserve price means in Florida closing terms. At $349,000, a 20% down payment comes to about $70,000, leaving a loan near $279,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $977. Next, the intangible tax of 0.2% adds about $558. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Merrick Preserve median, that is about $2,443.

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 Merrick Preserve listings show assignments to Liberty (Broward) (elementary), Margate (middle) and Monarch (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.