Oriole Margate Homes for Sale

Oriole-Margate Sec 5 is a waterfront community in Margate, Broward County, Florida. Active listings are priced from $470,000 to $515,000. Homes were built between 1977 and 1978. Pure Equity lists homes in Oriole Margate 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 Oriole Margate 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 8 Oriole Margate Margate homes for sale as of October 2026. The median asking price is $500,000. Asking prices run from $465,000 to $590,000.

That is 216% above the Margate median of $158,000. On a per-foot basis, homes here ask about $338 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 69 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 Oriole Margate date from 1977 to 1978. That puts them between 48 and 49 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.

Oriole Margate includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

Rentals in Oriole Margate have a median asking rent of $3,600 per month, across 3 active rental listings. For comparison, the Margate median is $1,900, so rents here run 89% higher.

For investors, those medians imply a gross yield near 8.6% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

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

Here is what the median Oriole Margate price means in Florida closing terms. At $500,000, a 20% down payment comes to about $100,000, leaving a loan near $400,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,400. Next, the intangible tax of 0.2% adds about $800. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Oriole Margate median, that is about $3,499.

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 Oriole Margate listings show assignments to Morrow (elementary), Silver Lakes (middle) and Coconut Creek (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.