Paradise Gardens Homes for Sale

Paradise Gardens is an age-restricted 55+ community in Margate, Broward County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $270,000 to $525,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Paradise Gardens 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 Paradise Gardens 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 17 Paradise Gardens Margate homes for sale as of October 2026. The median asking price is $340,000. Asking prices run from $250,000 to $410,000.

That is 114% above the Margate median of $159,000. On a per-foot basis, homes here ask about $234 per square foot, compared with $166 across Margate. So the median price buys roughly 1,450 square feet of living area.

Listings here have averaged 99 days on the market. That is faster than the Margate average of 131 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Paradise Gardens date from 1969 to 1974. That puts them between 52 and 57 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 Paradise Gardens have a median asking rent of $2,275 per month, across 6 active rental listings. For comparison, the Margate median is $1,900, so rents here run 20% higher.

For investors, those medians imply a gross yield near 8.0% 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 Paradise Gardens home.

Here is what the median Paradise Gardens price means in Florida closing terms. At $340,000, a 20% down payment comes to about $68,000, leaving a loan near $272,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $952. Next, the intangible tax of 0.2% adds about $544. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Paradise Gardens median, that is about $2,380.

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