Atlantic Luxury Advisors
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37 photos

5800 Margate #346-3

Margate, FL 33063

$145,000
2
2
884 sq ft
1966
Condominium
$601/mo
Yes
40
Active

Listing courtesy of Open to Close Realty (Amanda Goldberg). Contact: [email protected].

About this home

Fannie Mae approved, can put as little as 3% downpayment. Located on the top floor, updated flooring and bathroom. AC is only 8 years old. WH is 3 years old. All-ages community offering top of the line amenities including a clubhouse, swimming pool, and on-site laundry facilities. The building passed its 40-year milestone inspection, no assessments!! Minimum credit score of 650 required for buyers. Leasing allowed after 3 years of ownership. $500 refundable common area deposit required by the HOA. All information on MLS for this listing is deemed accurate but not guaranteed & subject to errors & changes without notice.

What it costs to own
Estimated monthly payment
$1,597/mo
Principal and interest
$733
Property tax
$171
Homeowners insurance
$92
HOA
$601

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
$2,049/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
$601/mo (from the listing)
FEMA flood zone
Zone AH, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

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.