Margate, FL Real Estate

According to census data in the year 2000 there were 24,731 housing units in Margate. This represents a 14.2% growth from 21,647 in 1990.

Of those housing units, 24,731 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Margate is about 80%. Margate's vacancy rate, including seasonal lodging, is about 8.2%. Average household size is 2.36 people.

The majority of houses, apartments or condos in Margate were built after 1978.


Housing Size

Housing Units by Size
Studio Type2.20%
One Bedroom13%
Two Bedrooms49.50%
Three Bedrooms26%
Four Bedrooms8.60%
Five Bedrooms or more0.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1978
Median Value of occupied units$109,500
Median Price asked for vacant units$92,700

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1982
Median Monthly Rent asked for vacant units$749

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage10.90%
Home Equity Loan6.10%
Simple Mortgage64.30%
Debt Free18.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs22.5%