(Mar 26, 2023)
We've gathered the best the area offers so you can get an idea of what to anticipate from this Florida Peninsula community.
A brief history of Margate, Florida
Margate was established in the '50s when a significant portion of the area was still farmland or a portion of the Everglades. It was incorporated as a town in 1955 due to increased land development brought about by an influx of folks from around the country.
It formally became a city in 1961. Due to its historical significance as a "gateway" to the western part of Broward County, the people in charge combined the word "gate" with the first three letters of the town's founder, Jack Marqusee, to form the name Margate.
The city is only 7 miles from the ocean. It's not overly developed, but it's a fantastic community with many cultures and everything you'd want in a small suburb. It is well-known for its high hometown standard of living and municipal service performance.
The city offers various services, such as fire protection, emergency medical response, street improvement, water and wastewater treatment, planning and zoning, and general administrative support.
The city has 19 parks and leisure facilities, including the Calypso Cove Aquatics Facility, the Oriole Golf & Tennis Club, and the Carolina Golf Club. There are many different stores and other businesses, a multicultural population, and many things to do. The houses in the community are reasonably priced and designed to accommodate all types of families. It also has many excellent schools, depending on where you are zoned.
Moving to Margate, Florida
Margate features various properties, from Victorian townhouses to conventional south Florida-style detached properties. Holiday Springs, Oakland Hills, Oriole Gardens, and North Margate are some of the loveliest communities in or near Margate, Florida.
But, before you buy or rent a property in one of these popular communities, here are some things you should know about Margate.
Economy
Margate has a 5.5% unemployment rate (the national average is 6.0%). The latest job growth is encouraging. The marginal rate of job growth has been 1.9%. The average Margate resident earns $22,530 per year, with a household earning $42,599 per year.
These values are slightly lower than the national average for individuals and households. However, the sales tax rate is lower than the national average, and there is no income tax, meaning you can enjoy more of what you make.
Some biggest employers include Global Response, AT&T, HCA Healthcare, AutoNation, Broward County Schools, and Coldwater Creek. The community is also only 20 miles away from Naval Air Station Fort Lauderdale, which provides stability and a lot of jobs in the region.
Cost of living
Moving to Margate will result in slightly higher national average pricing for day-to-day living expenses. Dinner for one person costs around $15, roughly half the US average ($11.04). A cappuccino costs around $4.29.
Utility bills are slightly lower than the national average - $250 for electricity, heating, cooling, water, and trash disposal (US average - $300). The price of broadband is around $35 per month.
Climate and Weather
Summers in Margate are long, sweltering, and mainly cloudy, while winters are brief, comfortable, breezy, and often transparent. The average annual temperature fluctuates between 60 and 90 degrees Fahrenheit, rarely falling below 45 or rising above 93.
According to these statistics, the most comfortable months in Margate are March, February, and December, while July and August are the least pleasant.
Real Estate
Margate is one of the oldest cities compared to Coral Springs and has a lot of history. It features lovely historical neighborhoods, older residences, and some excellent up-and-coming young areas. The houses and yards are immaculately preserved. Several classic south Florida-style properties have stucco exteriors and slate or barrel tile roofs.
There are also modern-style townhomes. You'll also see several palm trees, which are characteristic of this part of the country.
Margate's housing market is reasonably priced. The median price is $248,600, compared to the national median of $376,286 and the state average of $320,679. Townhomes cost between $150K and $160,000, while condos start at $80K to $90K. Home appreciation has been 11.5% over the last ten years.
Rent is also less expensive. A studio apartment costs $1024 a month, compared to $1124 in most of the state's communities. A one-bedroom apartment costs $1114 a month, while a two-bedroom apartment costs $1397.
Margate also has cheaper H.O.A. fees. You can find properties in appealing communities with HOA fees ranging from $50 to $60 per month, which cover the common area, pool, and clubhouse.
The county offers a variety of lending programs to help people afford low-cost housing. These include the Hometown Heroes initiative, which awards frontline employees $25,000 in DPA grants. Speak with your real estate agent to find out about various programs and whether you qualify.
Best neighborhoods in Margate, Florida
Margate is home to a wide range of neighborhoods. There are up-and-coming neighborhoods as well as older neighborhoods that are going through gentrification to beautify the community and raise pride.
If you are looking for Margate homes for sale, check out the following neighborhoods:
Holiday Springs Village
Holiday Springs Village is a Margate neighborhood with a population of 6,514 people and a typical age of 47. Holiday Springs mostly features cozy homes that are competitively priced. It's an older area with a suburban feel.
A lot of the properties on the market are condominiums and single-family homes. The median property price is $185,165, while the median rent is $1,486 per month.
The area has a high level of education, with over 90% of people have completed high school. Some of the best schools in the neighborhood include:
- Forest Hills Elementary School
- Margate Elementary School
- Margate Middle School
- Coral Springs High School
Oriole
Oriole is a Margate neighborhood with a population of 10,086 and a typical age of 54. It consists mainly of medium- to large-sized single-family homes and high-rise apartments.
Most homes are established, though not old, as they were constructed between 1970 and 1999. You can also find some that were constructed after 2000. It is a favorite neighborhood for purchasers looking for properties in the typical price range of $155K.
Over 75% of the population owns a college degree or higher certification. Many of its public school children test above average in math and reading. However, these are all elementary schools, as there are no middle or high schools in the neighborhood.
Oakland Hills
Oakland Hills is a neighborhood in Margate with a population of 997 people. It's a lovely small village with many old oak trees and a fantastic cycling track. It is strategically positioned near the highway system, and you can go anywhere in Orlando in 30 minutes.
Being centrally positioned between Clermont and Winter Garden is also a great plus. These areas have great shopping opportunities, making Oakland less crowded and bustling.
Oakland Hills attracts house buyers looking for properties in the $340,103 price range. It is mainly made up of mid-sized family residences and condos. Compared to the Greater Miami area, the area is relatively safe.
There is only one elementary, middle, and high school, and no private or charter schools. The three schools are:
- Liberty Elementary School
- Margate Middle School
- Coconut Creek High School
Things to do in Margate, Florida
Margate is very family-friendly. The community is big on diversity, allowing children and families to experience many different cultures. Many folks come down to south Florida to retire, enjoy the great climate, play golf, etc.
Many parks and playgrounds in the community feature picnic tables, grills, and children's playsets, making the area a family-type community. If you are looking for a great place in the area that embraces the whole family culture, Margate is your answer.
Indeed, some of the attractions and activities you can enjoy with your family and friends in Margate include:
Calypso Cove Aquatic Center
Calypso Cove is a massive water park in Margate managed by the community park service. Its features include swimming pools, splash pads, slides, and a zero-depth pool, which is ideal for young children who aren't used to being in the water.
When you walk into the park, you'll notice that Margate is making a concerted effort to improve the area's appearance and attract visitors.
The pool is used for swim lessons by the city of Margate. Margate residents pay $4, while non-residents pay $7gate. Margate residents pay $4, while non-residents pay $7. The height requirement for the slides is 48", and kids will be measured before they enter. Snacks are available at the concession stand.
Because of the park's tiny size, it fills up quickly, with camps throughout the week and sometimes even on weekends. The park's size and features make it ideal for kids in elementary school. Boca Raton has a more extensive water park for families with older kids.
Carolina Golf Course
The Carolina Club was a prominent semi-private golf and social club. It opened in 1995 and featured a chipping area, clubhouse, driving range, pro shop, bar, restaurant, and a southern plantation-style mansion.
The club was a qualifying venue for the Nationwide Tour's Micosoukee Championship and the PGA Tour's Honda Classic. Still, it has recently closed its doors to everybody, and the owners plan to turn it into a mixed-use facility.
The team has already indicated an interest in a "traditional neighborhood development," or TND, that would include apartments, townhomes, and single family homes on the land.
This is consistent with the greater Margate's aim to harness existing land and make it more beneficial to a more significant proportion of the inhabitants. But don't worry; if you prefer golf, there are plenty of other places to visit, including the Oriole Golf Club.
Oriole Golf Club
Oriole Golf Club has been a beloved Broward County venue for players who don't want to pay a substantial amount of money merely to spend a bit of time on a quality course. Bill Dietsch designed the 18-hole daily admission golf course, which opened in 1971. It is 6460 yards from the furthest tees, with a slope rating of 116 and a 69.6 USGA classification. The course has four sets of tees for various skill levels. The cover is natural Bermuda grass.
The club is semi-private, meaning members get priority on busy days plus access to exclusive amenities. The fees are reasonable and the best in Broward County. To satisfy your golfing demands, the club has various distinct member classifications.
The 72-hole course boasts open fairways, tiny greens, and a combination of sand and water obstacles that make it demanding but not unduly so. It's incredibly playable for beginning to intermediate golfers but also quite challenging for the more experienced player. There's a restaurant and lounge on-site for those who want to grab a bite before or after a round.
Fern Forest Nature Center
The Fern Forest Nature Center is located on Lyons Road in Coconut Creek. It is home to a wide range of flora and fauna, plus exhibitions, a board-covered trail, and a reptile enclosure. Although not all of the paths at the site are wheelchair accessible, most of the fan-favorite Cypress Creek Trail is.
The elevated boardwalk takes visitors through a startling array of natural ecosystems. It's not unusual to observe marsh and wetland species like snakes, gators, and other birds. Bring a hat, sunglasses, water, and bug repellent if you visit during summertime.
Tradewinds Park and Stables
Tradewinds Park and Stables spans over 600 acres and is one of Broward County's busiest facilities. It was opened in the mid-1970s. The agricultural and equestrian components of the property feature supervised educational tours, horseback rides, kid's farming programs, and a steam train that ferries visitors about the area in splendor.
It may seem a little daunting with everything to enjoy, so sign in at the welcome center to get a sense of the available recreation options.
Butterfly World
Florida's Butterfly World in Coconut Creek has long been a popular vacation spot for locals and tourists. Florida's warm and humid weather is ideal for a wide range of species of butterflies, and there's no more excellent way to encounter and learn about them all in a single location.
Families with children love the park, but most adults typically find it just as appealing. Attendees will also see macaws, hummingbirds, and various other exciting things to keep their curiosity peaked.
Hillsboro Lighthouse and Museum
The Hillsboro Lighthouse dates back many years to when the peninsula was a rude village. A local heritage society runs the lighthouse and museum, keeping them accessible. They provide supervised and unsupervised tours.
Many visitors prefer the former because the staff is very knowledgeable and friendly. Before planning a unique journey, visit their webpage to learn a little about their historical background, tour choices, operating hours, and fees.
Children's Science Explorium
The Children's Science Explorium is a fantastic attraction within Sugar Sand Park on the South Military Trail.
The facility lets youngsters get close to nature via various interactive displays and activities. Evening storytime, telescope events, and regularly planned science presentations are available, but check the facility's calendar first.
925 Nuevo Cubano's
It's not a true Florida lifestyle without some Cuban cuisine once in a while. After all, the state is known to be a melting pot of Cuban and Latin communities and cultural influences. One of the best places to go for Cuban delicacies is 925 Nuevo's Cubano.
Set inside a vibrant bistro-style eatery that dates back to the '70s, this spot has an outdoor area filled with colorful Cuban flags, art, and cozy chairs. It's the place to go for the famous Cuban sandwich, croquettes, Coladas, etc. Sometimes there's live music or a DJ to raise the vibe.
Wrap-up
Margate is a seaside haven on the Florida Peninsula. This is many people's ideal community. It offers authentic suburban culture as well as a plethora of other attractions. The weather is pleasant most of the year, and property costs far less than in most communities in the state and countrywide. Please contact us if you require assistance regarding Margate homes for sale.
We are Florida real estate professionals with broad expertise assisting many people relocating here to find homes. Get in touch for professional assistance.
(Mar 26, 2023)
