South Florida Condo Fee Index · development report · as of September 7, 2026 · Margate, Broward County

Palm Lakes, Margate: condo fees, what sold, and what is for sale today

As of September 7, 2026, the typical Palm Lakes condo listed for sale carries an association fee of $758 a month, 41% above the Margate condo median of $538. 18 units are for sale, 1 more are under contract, and 88.9% of them have already cut their asking price. Over the twelve months September 2025 to August 2026, 17 Palm Lakes condos closed at a median $128,000, a median 13% under their original asking price.

Small sample: Palm Lakes has fewer than 20 condos for sale and fewer than 20 closings in the window, so single listings move these figures. Read them as indicative and check the counts under each number.

The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.

Median condo fee / month$758Margate condos $538; 18 listings state a fee

Condos sold: median price, 12 months$128K17 closings September–August 2026; $116 per sq ft

Median condo asking price$132K18 for sale; $120 per sq ft

Have cut their price88.9%median cut $14,835 (9.8%)

Months of supply12.718 for sale ÷ 1.4 sales a month

Built1979–1982buildings 30+ years old fall under Florida milestone inspection rules

For buyers and sellers: Sellers here are asking a median $132,200 while the last twelve months of sales closed at a median $128,000, 87.2% of the original asking price. That gap, plus 18 competing units and 12.7 months of supply at the current sales pace, is the pricing reality a Palm Lakes seller starts from; a buyer should budget $758/mo in fees on the typical unit and ask what a quote well under $758 leaves out.

The story for media: "17 condominiums in Palm Lakes, Margate, sold between September 2025 and August 2026 at a median price of $128,000, or 87.2% of their original asking price, while 18 remain for sale with a median association fee of $758 a month, according to PBP Real Estate's daily analysis of BeachesMLS data as of September 7, 2026."

What condos actually sold in Palm Lakes, month by month

17 condo closings from September 2025 to August 2026, median $128,000; bars count sales, dots mark the monthly median where three or more closed

Source: BeachesMLS via PBP Real Estate's brokerage feed, condominium listings permitted for internet display. Active and under contract as of Sep 7, 2026; closed sales September 2025 to August 2026. Deemed reliable but not guaranteed.

87.2%of original asking price, median condo sale94.8% of the final asking price

$116condo sold price per square footasking today $120

100days to sell, mediancumulative days on market of closed sales

35.3%cash salesas recorded in the MLS buyer-financing field

89.7%Margate condos, sold to original asking256 city closings, same window

Range $87,000 to $170,000. Sold figures cover listings permitted for internet display and closed between September 1, 2025 and August 31, 2026; they are counts and medians, never an opinion of any unit's value.

Where the Palm Lakes fee sits among Margate condos

Palm Lakes median $758/mo against the Margate middle half ($475 to $667) and median ($538); 87.5% of Margate condo listings ask less.

Shaded band = 25th to 75th percentile of Margate condo fees for sale today. Source: BeachesMLS via PBP Real Estate's brokerage feed, condominium listings permitted for internet display. Active and under contract as of Sep 7, 2026; closed sales September 2025 to August 2026. Deemed reliable but not guaranteed.

Inside Palm Lakes the middle half of fees runs $758 to $760 a month ($0.69 per square foot). 61.1% of listings quote the fee quarterly; all figures are converted to monthly. Units that sold in the last twelve months carried a median fee of $764 at the time of listing.

What the Palm Lakes fee includes, as entered by listing brokers

Water 77.8%
Common areas 61.1%
Trash 55.6%
Structure maintenance 50%
Roof 50%
Grounds 50%
Cable TV 50%
Pest control 44.4%
Recreation facilities 44.4%
Sewer 38.9%

Share of the 18 Palm Lakes listings that state what the fee covers. Utilities, insurance and reserves change what a fee is worth; compare coverage before dollars.

What condos are for sale in Palm Lakes today

18 condos by size, with the median asking price of each group

5.3%of condos are under contract1 of 19 listings

$14,835median condo price cut9.8% off the original asking price

86median days on marketcumulative, relistings included

$72K–$184Kcondo asking price rangemedian $132,200

See every Palm Lakes listing with photos, fees and days on market, or get an email when a new Palm Lakes unit lists.

2mention a special assessment2 of 18 listings (11.1%)

10state an age restriction (55+)10 of 18 listings (55.6%); confirm with the association

0mention a required membership0 of 18 listings (0%)

0mention a land or recreation lease0 of 18 listings (0%)

1mention a milestone inspection or recertification1 of 18 listings (5.6%)

Counts of the condominium listings for sale whose agent-written public remarks mention each item; not verified and not a statement about the association. Ask for the budget, reserve study and any assessment resolution before writing an offer.

For sellers

Pricing a home correctly is a skill. It starts with data most agents and consumers never see.

56.2% of the condos for sale in Margate have already had to cut, a median $11,000, and buyers compare your fee against 18 other listings before they book a showing.

This page is built from every Margate listing in BeachesMLS and refreshed each morning. Gia Freer, Broker of Record, turns that same data into one written pricing opinion for your condo: the sales, cuts, fees and days on market it actually competes with, with the reasoning, before it goes live.

No website estimate, no automated number: a comparative market analysis done by hand, within one business day.

56.2%Have already cutmedian cut $11,000 (8.7%)

43.8%Still at their first priceevery seller starts here; the first price decides who stays

272 condos for sale in Margate, BeachesMLS, September 7, 2026. Information is deemed reliable but not guaranteed.

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Phone (optional)Property address, city

Property typeThinking of selling

Which Palm Lakes building or enclave, floor and unit type?

Reviewed by Gia Freer, Broker of Record (Lic. BK689801). Reply within one business day. No automated estimate is published on this site.

Buying in Palm Lakes? Email me when a new Palm Lakes unit lists, or browse every unit for sale.

Palm Lakes questions, answered from the data

What is the condo fee in Palm Lakes, Margate?

As of September 7, 2026, the median monthly-equivalent association fee across the 18 Palm Lakes condominiums for sale that state a fee is $758; the middle half runs $758 to $760. That is 41% above the Margate condo median of $538. The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.

What did condos in Palm Lakes sell for?

17 Palm Lakes condominiums closed between September 1, 2025 and August 31, 2026 at a median $128,000 ($116 per square foot), ranging from $87,000 to $170,000. The median sale closed at 87.2% of the original asking price and 94.8% of the final asking price, after a median 100 cumulative days on market. 35.3% of those sales were cash. Closings are reported to the MLS with a lag, so the window ends with the last full month; 0 September 2026 closings have been reported so far and are not in the medians.

How many Palm Lakes condos are for sale, and are prices being cut?

18 Palm Lakes condominiums are listed for sale as of September 7, 2026, asking from $72,000 to $184,000 with a median of $132,200; 1 more is under contract. 88.9% of the active listings have reduced their price at least once, by a median $14,835 (9.8%). The median active condo listing has been on the market 86 cumulative days, relistings included. At the last twelve months' sales pace that inventory is 12.7 months of supply.

Does Palm Lakes have special assessments, age restrictions or membership requirements?

We report what listing agents wrote, not what the association has decided. Among the 18 Palm Lakes listings for sale, 2 mention a special assessment in the public remarks; 10 state an age restriction such as 55+; 0 mention a required club or equity membership; 0 mention a land or recreation lease. Confirm every one of these with the association documents before writing an offer.

How is this Palm Lakes report built and how often is it updated?

Every morning from PBP Real Estate's own BeachesMLS data feed: active and under-contract condominium listings in Margate whose subdivision field names Palm Lakes, plus every closing in the twelve months ending August 31, 2026. Fees are converted to a monthly equivalent and both association layers are summed. Medians need five or more records, percentages ten or more; smaller groups are shown as counts. Palm Lakes is a small sample today (under 20 listings and under 20 sales), so read its figures as indicative. This is a market read of MLS listing data, not an opinion of value about any unit or a statement about the association's finances. The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.

More live Margate data

As of September 7, 2026. PBP Real Estate analysis of BeachesMLS listings.

Price cuts and true days on market44%of Margate houses for sale have cut their priceMedian 46.5 cumulative days on market across 84 listingsSee Margate price cuts →Margate market report354houses and condominiums for sale in Margate right nowMedian prices, inventory and days on market, houses and condominiums reported separatelySee the Margate market →

Method: listings whose MLS subdivision field maps to Palm Lakes after normalization (tower, section and phase records merged; master community plus its enclaves), condominiums by tax legal description (a townhouse, villa or house whose legal records a condominium is included), Margate, permitted for internet display in PBP Real Estate's BeachesMLS data feed. Active and under-contract figures are from the daily snapshot as of September 7, 2026; closed sales are from a rolling archive and cover September 1, 2025 to August 31, 2026, the last full month, because closings are reported to the MLS with a lag. Fees are as entered by each listing office, converted to a monthly equivalent, with master and sub-association layers summed. Medians require five or more records and percentages ten or more; smaller groups are shown as counts. Remark-based flags are keyword classifications of agent-written text and are not verified. Nothing here is an opinion of value about any property or a statement about any association's finances. The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated September 7, 2026.