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Margate Florida Top Condo Sales of 2024

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Real Estate Agent with South Florida Home Solutions

Margate Florida Top Condo Sales of 2024

In 2024, Margate, Florida’s condo market experienced strong sales, with various communities appealing to buyers seeking affordability, convenience, and South Florida living. The city's attractive location, close to major highways, shopping, and recreational amenities, has made it a desirable spot for retirees, first-time buyers, and investors. Here’s a look at the top condo sales in Margate for 2024.

1. Palm Springs 2

Palm Springs 2 continued to be one of the top-selling condo communities in Margate in 2024. Known for its affordability and well-kept properties, this active adult community attracted retirees and snowbirds seeking a peaceful lifestyle.

  • Top Features: Active 55+ community, community pool, and social activities.
  • Price Range: $150,000 - $230,000
  • Sales Trend: Updated condos with modern appliances and access to community amenities, including pools and clubhouse events, were in high demand. Palm Springs 2 remains popular for those seeking an affordable retirement option in South Florida.

2. Coral Gate

Coral Gate is another top-selling community in Margate, known for its serene lake views and spacious units. This quiet 55+ community continues to attract buyers looking for a well-maintained environment with scenic surroundings.

  • Top Features: Lakefront views, large screened balconies, and 55+ community amenities.
  • Price Range: $175,000 - $250,000
  • Sales Trend: Lakeview condos and units with upgraded interiors sold quickly in 2024. Coral Gate remains a top choice for retirees seeking tranquility and beautiful surroundings.

3. Oriole Gardens

Oriole Gardens, a popular condo community, saw steady sales throughout 2024. Known for its affordable pricing and active adult community atmosphere, this neighborhood is ideal for retirees and those looking for a vibrant social scene.

  • Top Features: Active 55+ community, swimming pool, and proximity to shopping centers.
  • Price Range: $130,000 - $200,000
  • Sales Trend: Updated kitchens, new flooring, and proximity to the clubhouse were top selling points. Oriole Gardens remains a great choice for retirees looking for affordability and community engagement.

4. Holiday Springs

Holiday Springs experienced strong sales in 2024, thanks to its prime location and well-maintained properties. This community caters to both retirees and seasonal residents who appreciate its resort-style amenities and lush landscaping.

  • Top Features: Resort-style living, tennis courts, and multiple pools.
  • Price Range: $160,000 - $250,000
  • Sales Trend: Condos with modern upgrades, close proximity to the clubhouse, and peaceful views were in high demand. Holiday Springs continues to attract buyers looking for an active lifestyle in Margate.

5. Royal Park Gardens

Royal Park Gardens is a 55+ community that saw consistent condo sales throughout 2024. Known for its affordability and friendly neighborhood atmosphere, Royal Park Gardens appeals to retirees looking for a quiet yet social community.

  • Top Features: Affordable units, community events, and close to golf courses.
  • Price Range: $140,000 - $210,000
  • Sales Trend: Condos with upgraded kitchens, tile flooring, and screened balconies overlooking green spaces were top sellers. Royal Park Gardens remains a popular destination for those seeking affordable retirement living.

6. Margate Village

Margate Village, a well-established condo community, saw strong sales in 2024. Offering affordable units with easy access to major highways, this community appeals to both first-time buyers and retirees.

  • Top Features: Affordability, central location, and community pool.
  • Price Range: $150,000 - $220,000
  • Sales Trend: Condos with new appliances, updated bathrooms, and community amenities were highly sought after. Margate Village remains a top choice for budget-conscious buyers.

7. Lakewood on the Green

Lakewood on the Green offers affordable condos with golf course views, making it a popular choice among retirees and golf enthusiasts. This quiet community saw steady sales in 2024.

  • Top Features: Golf course views, community pool, and large balconies.
  • Price Range: $170,000 - $260,000
  • Sales Trend: Golf course-facing units and condos with modern renovations were in high demand. Lakewood on the Green is ideal for buyers seeking scenic views and an active lifestyle.

8. Viewpointe

Viewpointe, a quiet and well-kept community, saw consistent condo sales in 2024. Known for its affordability and proximity to shopping and dining, Viewpointe appeals to both retirees and investors.

  • Top Features: Affordable pricing, convenient location, and community pool.
  • Price Range: $140,000 - $220,000
  • Sales Trend: Buyers gravitated toward units with updated interiors, lake views, and proximity to local conveniences. Viewpointe continues to attract those looking for value in Margate.

Conclusion

Margate’s condo market in 2024 remained strong, with top communities like Palm Springs 2, Coral Gate, and Oriole Gardens leading in sales. Whether buyers are seeking an affordable retirement option, an active 55+ community, or a tranquil environment with beautiful lake views, Margate offers a wide range of condo options to suit all preferences.

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Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Thanks for the market update on Margate and the condo sales.  I always enjoy reading your reports. 

Sep 25, 2024 06:38 AM