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Community · Margate, FL
Palm Lakes is a community in Margate, Broward County, Florida. There are 3 homes for sale in Palm Lakes right now, updated from the MLS.
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Market Overview
There are 3 active listings for sale in Palm Lakes right now. The median list price is $159,000, or about $145 per square foot. Listings span $119,400 to $162,900, so there is inventory across most budgets. Homes are averaging 296 days on market. These figures update from the MLS as the market moves.
Palm Lakes Market Stats
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About Palm Lakes
Palm Lakes is a community in Margate, Broward County, Florida. There are 3 homes for sale in Palm Lakes right now, updated from the MLS.
Homes & Architecture
Homes for sale in Palm Lakes offer 2 bedrooms and 2 baths. Living areas are around 1,100 square feet. The mix here includes condo homes. Current prices run from $119,400 to $162,900. The homes on the market were built between 1979 and 1980.
Amenities & Lifestyle
Palm Lakes is a residential neighborhood, and its homeowners association maintains the shared areas and community standards.
Location
Palm Lakes is located in Margate, part of Broward County, Florida. Residents are close to the shopping, dining, schools, and parks of the Margate area, with the wider job centers, beaches, and airports of the region within driving distance.
Buying in Palm Lakes
Buying in Palm Lakes follows the same path as the rest of Broward County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Property taxes factor into the monthly payment: the median annual property tax in Broward County is about $3,610. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Margate means you see new listings in Palm Lakes the day they reach the market.
Selling in Palm Lakes
A successful sale in Palm Lakes comes down to pricing, presentation, and marketing. List prices in Palm Lakes currently center around $159,000, which is a starting reference for where a comparable home might be positioned. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for Palm Lakes owners in Margate, so you can see what your property could sell for before you commit to listing.
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