Atlantic Luxury Advisors
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5531 Lakeside #202

Margate, FL 33063

$199,000
2
2
815 sq ft
1986
Condominium
$432/mo
Yes
Yes
111
Active

Listing courtesy of One Sotheby's International Realty (Richard R Masterson Jr.). Contact: [email protected].

About this home

Excellent opportunity in a beautifully maintained lakefront condo complex in Margate. Second floor unit with views of the large community pool and lake. Open floorplan leads out to a screened in balcony. Two bedroom and two bathrooms. Storage closet. Washer and Dryer. Minutes from local restaurants, shopping, and major highways. One of Margate's best kept affordable secrets!

Virtual tour
What it costs to own
Estimated monthly payment
$1,823/mo
Principal and interest
$1,006
Property tax
$260
Homeowners insurance
$125
HOA
$432

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$3,122/yr

Estimate: the price times the Broward County average total millage (19.86 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$432/mo (from the listing)
FEMA flood zone
Zone X, moderate risk

Outside the special flood hazard area (0.2% annual chance). Flood insurance is optional and usually priced lower.

Hurricane evacuation zone
Not in a designated evacuation zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.