Currently in the Market
4 LISTINGSMarket Trends
2010 – 2026Price by Unit Type
LAST 3 YEARS · 2023–2026Based on 11 closed sales from January 2023 through June 2026 — the window that reflects today's actual market pricing.
* Based on 11 closed sales at Margate Towers from January 2023 through June 2026 via BRIGHT MLS. Low inventory means a limited but highly current sample — these figures reflect actual recent transaction prices, not historical averages diluted by pre-2022 sales.
Building Overview
MARGATE TOWERSBuilding Amenities
16 AMENITIES
HOA Fees by Unit Type
2024 RATESMonthly HOA by Floor Plan
Includes cable/WiFi ($46.31/mo) · Parking add-on: $32.50–$37.30/mo
Larger Units & Closing Costs
Capital contribution at closing = 3 months HOA dues (buyer)
Investor & Owner Intelligence
NEED TO KNOWRental Rules
One lease per 12-month period — no revolving tenants
Minimum 90 days, maximum 365 days — no Airbnb or VRBO
No multi-year leases — annual flexibility for owners
Occupancy limits: Studio=2, 1BR=4, 2BR=6 persons
New lease fee: $350 · Renewal: $250 · Security deposit to assoc: $1,000
Background check required. 30-day advance application. Tenant orientation mandatory.
Buying & Selling
No open houses permitted on premises — private showings only
Capital contribution at closing: 3 months HOA dues (paid by buyer)
Transfer fee at closing: $150 (paid by seller)
Buyer orientation required 10 days before closing — schedule early
Property Manager must be notified 30 days in advance of closing
One parking right per unit. Parking rights sold back to association only.
Recent Closed Sales
LAST 24 MONTHS