Royal Park Gardens Ii K Homes for Sale

Royal Park Gardens Ii K is a residential community in Margate, Florida. Active listings are currently priced from $110K–$120K.

Pure Equity Realty covers Royal Park Gardens Ii K 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 4 Royal Park Gardens Ii K Margate homes for sale as of October 2026. The median asking price is $115,000. Asking prices run from $105,000 to $129,000.

That is 27% below the Margate median of $158,000. On a per-foot basis, homes here ask about $128 per square foot, compared with $165 across Margate. So the median price buys roughly 900 square feet of living area.

Listings here have averaged 133 days on the market. That tracks the Margate average of 132 days, so pricing and terms follow the wider city market.

Homes listed in Royal Park Gardens Ii K date from 1980, so they are about 46 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.

Condo buyers should also know Florida's 2022 condo safety law. It requires milestone structural inspections for buildings three stories or taller as they age. It also requires a structural integrity reserve study. Before you sign, request both reports and the current reserve balance.

Royal Park Gardens Ii K is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Rentals in Royal Park Gardens Ii K have a median asking rent of $1,250 per month, across 1 active rental listing. For comparison, the Margate median is $1,900, so rents here run 34% lower.

You can browse current Margate rentals or ask us for a rent estimate on a specific Royal Park Gardens Ii K home.

Here is what the median Royal Park Gardens Ii K price means in Florida closing terms. At $115,000, a 20% down payment comes to about $23,000, leaving a loan near $92,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $322. Next, the intangible tax of 0.2% adds about $184. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Royal Park Gardens Ii K median, that is about $805.

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 Royal Park Gardens Ii K 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.