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125 S Laurel Drive 506, Margate, FL 33063
Active
109 Days on Market
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$194,900

125 S Laurel Drive 506

Margate, FL 33063

Laurels at Margate

Explore the area: Margate homes for sale · Broward County real estate

How this price compares

List price
$194,900
Price per sq ft
$191
Vs. nearby sales
17.9% above
Days on market
109

This 2-bedroom condo in Laurels At Margate is listed at $194,900, or $191 per square foot. The asking price has come down 2.3% from its original $199,500. It has been on the market for 109 days. The 6 most recent condo sales in the closings shown below sold at a median of $162 per square foot, so the asking price is 17.9% above what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
1,019
Living Sq Ft
1978
Year Built

Estimated monthly payment

$1,024 /mo

Principal and interest only, based on $38,980 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $683/mo HOA are not included.

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Listing Snapshot

Price
$194,900
Days on Site
109 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Living Area
1,019 sqft
Year Built
1978
Property Type
Condo
MLS #
A12032329
Property Tax
$2,300 (2025)
HOA Fees
$683 / Monthly
Subdivision
Laurels at Margate
Development
Laurels at Margate
County
Broward
Status
Active
Special Conditions
Listed As Is

About This Property

Welcome to the peaceful side of South Florida living. Nestled within the highly sought-after Laurels at Margate, this beautifully maintained 2 /2 unit offers a tranquil retreat surrounded by lush greenery and serene canal views in a desirable ALL-AGES community. Wake up to the sound of birdsong and enjoy your morning coffee overlooking the water, far from traffic and city noise. Inside, the thoughtfully renovated kitchen serves as the heart of the home, while spacious bedrooms and generous closet space provide the comfort and functionality today's buyers appreciate. The convenience of an in-unit washer and dryer makes everyday living effortless. Beyond your front door, the community invites an active yet relaxed lifestyle. Take a refreshing swim in the heated pool, enjoy a match on the tennis courts, work out in the fitness center with modern equipment, or gather with friends at the barbecue area and clubhouse. Scenic walking paths wind throughout the beautifully landscaped grounds, creating the perfect setting for daily strolls. Residents of Laurels at Margate enjoy the rare combination of a quiet, well-maintained neighborhood and a welcoming all-ages environment. Ideally located just minutes from shopping, dining, everyday conveniences, the Florida Turnpike, and State Road 441, this community offers exceptional accessibility without sacrificing peace and privacy. Plenty of reserves in the budget, Reserves Study, City certificates, good Master Insurance, 5% DP Conventional

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General Features

Property Type
Condo
Status
Active
Year Built
1978
Number of Stories
2
Garage Spaces
0
Parking
Assigned / Deeded / Detached / Garage
Direction Faces
North
Living Sq Ft
1,019

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Microwave / Refrigerator / Trash Compactor
Cooling
Electric
Heating
Electric
Flooring
Wood
Interior Features
Bedroom On Main Level / Bathtub / Eat In Kitchen / Storage / Soaking Tub / Separate Shower
Furnished
Partially

Exterior Features

Construction
Block
Exterior Features
Balcony / Outdoor Living Area / Tennis Courts / Porch
Pool Features
Association / Heated
Patio & Porch
Open / Porch / Screened / Balcony
Waterfront Features
None
View
Canal / Garden

Community & HOA

HOA Fee
$683 / Monthly
HOA Includes
Cable Tv / Insurance / Internet / Legal Accounting / Maintenance Grounds / Pest Control / Pools / Recreation Facilities / Reserve Fund / Roof / Sewer / Security / Trash / Water
Association Amenities
Basketball Court / Billiard Room / Bike Storage / Business Center / Clubhouse / Fitness Center / Maintenance Grounds / Laundry / Library / Management / Picnic Area / Playground / Pool / Parking / Tennis Courts
Security
Security Guard
Pets Allowed
Yes
Financing Terms
Cash / Conventional
Restrictions
No Truck / No Trailer Parking
MLS Area
3633

This home's HOA fee works out to $683 a month, in line with the $683 median across 3 homes for sale in Laurels At Margate. See Laurels At Margate HOA fees

Schools

Elementary School
Liberty (Broward)
Middle School
Margate
High School
Coconut Creek
Homes for Sale
3
Median List Price
$194,900
Median $/Sq Ft
$191
Avg Days on Market
77
View all 3 homes for sale in Laurels At Margate →
How do I schedule a tour of 125 S Laurel Drive 506, Margate, FL 33063?
Use the Tour button on this listing to request a showing of 125 S Laurel Drive 506, Margate, FL 33063. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 125 S Laurel Drive 506, Margate, FL 33063 still available?
125 S Laurel Drive 506, Margate, FL 33063 is currently listed as Active, and has been on the market 109 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 125 S Laurel Drive 506, Margate, FL 33063?
With 20% down ($38,980) on the $194,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 125 S Laurel Drive 506, Margate, FL 33063 is about $1,024/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 125 S Laurel Drive 506, Margate, FL 33063?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 125 S Laurel Drive 506, Margate, FL 33063. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 125 S Laurel Drive 506, Margate, FL 33063 have an HOA fee?
Yes: 125 S Laurel Drive 506, Margate, FL 33063 carries an HOA fee of about $683 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 125 S Laurel Drive 506, Margate, FL 33063?
125 S Laurel Drive 506, Margate, FL 33063 is zoned for Liberty (Broward) (elementary), Margate (middle), Coconut Creek (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 125 S Laurel Drive 506, Margate, FL 33063?
Often, yes. The right offer on 125 S Laurel Drive 506, Margate, FL 33063 depends on how it's priced against comparable condo sales in Margate, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Charles Rutenberg Realty FTL

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$194,900

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Listed by Monica Posada, Charles Rutenberg Realty FTL

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