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South Florida Condo Fee Index · development report · as of October 22, 2026 · Margate, Broward County

Royal Park Gardens Iii, Margate: condo fees, what sold, and what is for sale today

As of October 22, 2026, the median monthly-equivalent association fee among 10 active Royal Park Gardens Iii listings with a usable fee is $787, 45% above the Margate condo median of $544. 10 Royal Park Gardens Iii condominiums are listed for sale in Margate. 4 of 10 active listings have recorded current asking price below original (40%).

Only 3 Royal Park Gardens Iii condos closed between October 2025 and September 2026, too few for a sold-price median.

Key takeaways

  • Median listed association fee in Royal Park Gardens Iii: $787/mo across 10 active listings with a usable fee, 45% above the Margate condo median of $544.
  • Only 3 Royal Park Gardens Iii condos closed October 2025 to September 2026, too few for a sold-price median.
  • 10 Royal Park Gardens Iii condos are for sale as of October 22, 2026 at a median asking price of $110,000; 4 of 10 show a current asking price below original (40%).
  • Median recorded cumulative days on market among active listings: 53.
  • Buildings here date from 1981 to 1986, so Florida milestone inspection rules apply.

Small sample: Royal Park Gardens Iii 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$787Margate condos $544; 10 listings state a fee
Median condo asking price$110K10 for sale; $127 per sq ft
Recorded below original asking40%current asking versus original among active listings; not price history
Recorded cumulative days53median nonmissing MLS field; not a reconstructed history
Built1981–1986buildings 30+ years old fall under Florida milestone inspection rules

For Royal Park Gardens Iii owners

Own a condo in Royal Park Gardens Iii? The association fee is fixed at sale. The asking price is your decision.

Buyers comparing Royal Park Gardens Iii condos see the listed monthly association fee beside every asking price and weigh the two together. You cannot change the association fee when you sell; you can set the price with the association fee, the closed sales and the current competition in Royal Park Gardens Iii already accounted for.

54.3% of active condo listings in Margate have a recorded asking price below their original list price. For fee comparisons, Royal Park Gardens Iii, Margate has 10 active listings with a usable listed monthly-equivalent fee, as of October 22, 2026; this community sample is not percentile-trimmed.

The data comes from the segment and recorded fields available in PBP Real Estate's BeachesMLS feed, as of the date shown. Gia Freer, Broker of Record, turns comparable sales and current competition into one written pricing opinion for your Royal Park Gardens Iii condo, with the reasoning, before it goes live.

No website estimate, no automated number: a written opinion of value prepared by hand, within one business day.

54.3%Recorded below original
45.7%Not recorded as below originalMay include unchanged prices, increases and missing-price records; not a never-cut count.
317 condos for sale in Margate. Source: BeachesMLS, as of October 22, 2026. Information is deemed reliable but not guaranteed. Seller Blink Rate™ is the share of active listings with a recorded asking price below the original list price. The denominator is all active listings in the segment. The complement may include unchanged prices, increases and missing-price records; it does not establish a price history.

Request a pricing opinion for your property

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

Buying in Royal Park Gardens Iii? Email me when a new Royal Park Gardens Iii unit lists, or browse every unit for sale.

For buyers and sellers: The median listed fee is $787/mo among 10 active Royal Park Gardens Iii listings with a usable fee; the published Margate condo fee sample median is $544/mo. With 10 units for sale and 40% recorded below original asking, compare fee coverage before comparing dollars.

The story for media: "10 condominiums are for sale in Royal Park Gardens Iii, Margate; the median listed monthly-equivalent association fee is $787 among 10 active records with a usable fee; 40% of active listings have recorded current asking price below original, according to PBP Real Estate's daily analysis of BeachesMLS data as of October 22, 2026."

What condos actually sold in Royal Park Gardens Iii, month by month

Only 3 Royal Park Gardens Iii condominiums closed between October 1, 2025 and September 30, 2026 in listings permitted for internet display, so no sold-price chart is shown. Margate condos overall: 274 closings, median $110,500, 89.2% of original asking.

Where the Royal Park Gardens Iii fee sits among Margate condos

Royal Park Gardens Iii median $787/mo against the Margate middle half ($480 to $659) and median ($544); 92.4% of Margate condo listings ask less.
Margate median $544Royal Park Gardens Iii $787$288$989+

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 Oct 22, 2026; closed sales October 2025 to September 2026. Deemed reliable but not guaranteed.

Inside Royal Park Gardens Iii the middle half of fees runs $641 to $820 a month ($0.85 per square foot).

What the Royal Park Gardens Iii fee includes, as entered by listing brokers

  • Trash 80%
  • Common areas 80%
  • Grounds 70%
  • Water 70%
  • Pool 60%
  • Building insurance 60%
  • Sewer 60%
  • Roof 50%
  • Recreation facilities 50%
  • Structure maintenance 30%

Share of the 10 Royal Park Gardens Iii 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 Royal Park Gardens Iii today

10 condos by size, with the median asking price of each group
1 bed4 for sale · median $97K2 bed6 for sale · median $111K

Source: BeachesMLS via PBP Real Estate's brokerage feed, condominium listings permitted for internet display. Active and under contract as of Oct 22, 2026; closed sales October 2025 to September 2026. Deemed reliable but not guaranteed.

0%of condos are under contract0 of 10 listings
4condos recorded below original askingof 10 active listings
53median recorded cumulative daysnonmissing MLS field; not a reconstructed history
$90K–$175Kcondo asking price rangemedian $110,000

See every Royal Park Gardens Iii listing with photos, fees and days on market, or get an email when a new Royal Park Gardens Iii unit lists.

0mention a special assessment0 of 10 listings (0%)
7state an age restriction (55+)7 of 10 listings (70%); confirm with the association
0mention a required membership0 of 10 listings (0%)
0mention a land or recreation lease0 of 10 listings (0%)
1mention a milestone inspection or recertification1 of 10 listings (10%)

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.

Own in Royal Park Gardens Iii, or rent a condo in Margate?

The median asking price among the 10 Royal Park Gardens Iii condos for sale is $110,000 and the median stated fee is $787 a month (10 listings state one). 6 of the 10 units for sale are 2-bedrooms, asking a median $111,250. The median closed condominium lease in Margate over the last 13 months was $1,725 (n=82). Month one, before principal is counted:

Own, first year, per monthRent, per month
Principal and interest, 30-year fixed at 7.4%, 20% down$609Median Margate condominium lease$1,725
Property tax with homestead, 21.6343 mills$122Renter’s insurance$25
Condo insurance (HO-6), county average$151
Royal Park Gardens Iii median fee$787
Interior maintenance, 0.5% of price a year$46
Gross monthly cost to own$1,715Gross monthly cost to rent$1,750

Owning is $35 a month cheaper on day one; about $69 of the owner’s payment is principal in year one, so the owner is ahead by about $104 once principal is counted. Cash at the door for the owner: $25,300 (20% down plus 3% closing). Margate rental market: what leases actually closed at.

Estimates for comparison only, not financial, tax or legal advice. Rate: Mortgage News Daily 30-year fixed rate index, 2026-10-21. Tax: 2025 total millage for Margate, two $25,000 homestead exemptions (s. 196.031, F.S.). Insurance: county average HO-6 premium, FLOIR. Special assessments, club dues and land-lease payments are not in the fee figure. Same assumptions as the published Margate rent-vs-own comparison.

What the recorded flags mean for a Royal Park Gardens Iii buyer

Milestone inspection or recertification mentioned, 1 of 10 listings
Florida requires a milestone structural inspection of condominium and cooperative buildings three habitable stories or taller by the end of the year the building reaches 30 years from its certificate of occupancy, and every ten years after; a local building department may require it at 25 years (s. 553.899, F.S.). Associations for those buildings must also complete a structural integrity reserve study at least every ten years (s. 718.112(2)(g), F.S.). Listings in Royal Park Gardens Iii report a median year built of 1984. Ask for the Phase 1 inspection report, any Phase 2 report and the reserve study; they tell you whether repairs are identified and how they are funded.
Age restriction (55+) mentioned, 7 of 10 listings
Housing for older persons under the federal Fair Housing Act exemption requires that at least 80% of occupied units have one resident aged 55 or older and that the community publish and follow age-verification policies. The rules govern who may occupy a unit, not who may own it; a buyer who does not meet the age requirement may face limits on living there or renting it out. Ask the association for its written 55+ policy and occupancy rules.

Counts are of the listings for sale whose agent-written public remarks mention each item. They are not a statement about the association and the absence of a mention is not confirmation that none applies. Financing terms and eligibility for a specific unit are decided by the lender and its investor, not by this page. Review the association documents, budget and reserve study with your own advisers before writing an offer.

What do buyers and sellers ask about Royal Park Gardens Iii?

What is the condo fee in Royal Park Gardens Iii, Margate?

As of October 22, 2026, the median monthly-equivalent association fee across the 10 Royal Park Gardens Iii condominiums for sale that state a fee is $787; the middle half runs $641 to $820. That is 45% above the Margate condo median of $544. 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 Royal Park Gardens Iii sell for?

Only 3 Royal Park Gardens Iii condominiums closed between October 1, 2025 and September 30, 2026 in listings permitted for internet display, which is below the five needed for a sold-price median. The Margate condo market closed 274 sales in the same window at a median $110,500.

How many Royal Park Gardens Iii condos are for sale, and are prices being cut?

10 Royal Park Gardens Iii condominiums are listed as of October 22, 2026, asking from $89,900 to $175,000, median $110,000; 0 more are under contract. 4 of 10 active records have current ListPrice below OriginalListPrice (40%). The remainder is not a never-cut group. Median nonmissing recorded CDOM is 53 days, not an independently reconstructed property history.

Does Royal Park Gardens Iii have special assessments, age restrictions or membership requirements?

We report what listing agents wrote, not what the association has decided. Among the 10 Royal Park Gardens Iii listings for sale, 0 mention a special assessment in the public remarks; 7 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 Royal Park Gardens Iii report built and how often is it updated?

Refresh is scheduled daily from PBP Real Estate's BeachesMLS data feed: active and under-contract condominium listings in Margate whose subdivision field names Royal Park Gardens Iii, plus available closings in the twelve months ending September 30, 2026. Use the report's statistical date and qualifying counts. Fees are converted to a monthly equivalent and usable association layers are summed. Medians need five or more records, percentages ten or more; smaller groups are shown as counts. Royal Park Gardens Iii is a small sample (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.

Is it cheaper to own in Royal Park Gardens Iii or rent a condo in Margate?

The median asking price among the 10 Royal Park Gardens Iii condos for sale is $110,000 and the median stated fee is $787 a month. Owning costs about $1,715 a month before principal ($609 principal and interest at 7.4% with 20% down, $122 property tax with homestead at 21.6343 mills, $151 condo insurance, $787 fee, $46 interior maintenance), against $1,750 to rent the median Margate condominium ($1,725 lease plus renter's insurance). Owning is $35 a month cheaper on day one; about $69 of the owner's payment is principal in year one. Estimates for comparison only, not financial advice.

Analyst: Gia Freer, Broker of Record, PBP Real Estate, LLC (Lic. BK689801), available on the record: 561-395-8418.

Nearby Margate developments to compare with Royal Park Gardens Iii

Straight-line distance from Royal Park Gardens Iii; median monthly fee and units on the market from the same daily snapshot.

More live Margate data

PBP Real Estate analysis of BeachesMLS listings. Refresh is scheduled daily; read each index’s own date and sample.

Seller Blink Rate™ and recorded days41.8%41 of 98 active Margate houses listings are recorded below original asking; not a complete historyAs of October 22, 2026. Recorded CDOM: median 57.5 days, n=98 nonmissing.See Margate price cuts →Rentals: annual and season$1,850/momedian asking rent across 128 Margate lease listings8% are offered furnished; season runs November into late April or early MaySee Margate rentals →Margate market report415houses and condominiums for sale in Margate right nowMedian prices, inventory and days on market, houses and condominiums reported separatelySee the Margate market →

Own a home or condo in Margate? What is my home worth in Margate? Current sale prices, houses and condos separate · Selling a house in Margate: what it takes and what mispricing costs

Method: listings whose MLS subdivision field maps to Royal Park Gardens Iii 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 October 22, 2026; closed sales are from a rolling archive and cover October 1, 2025 to September 30, 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.

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.

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 October 22, 2026.

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