Village On The Lake Homes for Sale

Village On The Lake is a residential community in Margate, Florida.

Pure Equity Realty covers Village On The Lake 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 Village On The Lake Margate homes for sale as of September 2026. The median asking price is $158,000. Asking prices run from $139,000 to $178,000.

That sits close to the Margate median of $158,000. On a per-foot basis, homes here ask about $251 per square foot, compared with $165 across Margate. So the median price buys roughly 650 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 94 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 Village On The Lake date from 1979, so they are about 47 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 Village On The Lake have a median asking rent of $1,700 per month, across 3 active rental listings. For comparison, the Margate median is $1,900, so rents here run 11% lower.

You can browse current Margate rentals or ask us for a rent estimate on a specific Village On The Lake home.

Here is what the median Village On The Lake price means in Florida closing terms. At $158,000, a 20% down payment comes to about $32,000, leaving a loan near $127,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $443. Next, the intangible tax of 0.2% adds about $253. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Village On The Lake median, that is about $1,107.

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 Village On The Lake listings show assignments to Liberty (Broward) (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.