416 Lakeside Drive # 129, Margate FL 33063, MARGATE, FL, 33063
Active84 days on marketListed May 15, 2026MLS #B26029016
About this home
416 Lakeside Drive # 129, Margate FL 33063
Investor-Friendly Lakefront Opportunity With No Rental Restrictions — Rent Immediately After Closing! This updated 2-bedroom, 1-bath unit offers beautiful lake views, a community pool just steps from the unit, tennis courts, assigned and guest parking, and a move-in-ready interior. The spacious kitchen features gorgeous countertops, a newer refrigerator, and a sleek flat-top stove. Fresh paint and tile flooring throughout create a clean, modern feel. Enjoy relaxing waterfront views, a sparkling community pool, tennis courts, and convenient on-site laundry facilities. This is a fantastic opportunity for investors or owner-occupants seeking a well-maintained property in a desirable setting. Pet ok with restrictions. Water is included in the maintenance fees. Must see!
Facts & features
The home at a glance
2
Bedrooms
1
Bathrooms
630
Sqft
1979
Year built
1
Levels
$282
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$1,909 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,909/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Margate actives
$282 vs $175
Days on market
84 vs 76 typical
Where $282/sqft sits among the 400 Margate actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Margate
Get to know Margate. See the full Margate guide →
MARGATE 33063 — neighborhood snapshot
Population
55,539
Median age
45.5
Median income
$62,930
Median home value
$270,100
Avg household
2.25
Households w/ children
5,164
For the school run
Broward County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Margate market
$465K → $338K
Margate median sold, yr/yr
98.8%
Sale-to-list ratio (12 mo)
34 of 400
Margate actives have cut their price
Median sold price, Margate, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 43% above the MARGATE 33063 median. See the full Margate market guide →
Paper trail
This home's history
Reality check
What actually sold near 416 Lakeside Drive # 129
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$55,000
5640 SW 3rd Pl # 110, Margate FL 33068
1 bd · 1 ba · 680 sqft · $81/sqft · 127 DOM
Sold · Nov ’25$67,000
5620 SW 3rd Pl # 204, Margate FL 33068
1 bd · 1 ba · 680 sqft · $99/sqft · 287 DOM
Sold · Feb ’26$45,000
5641 SW 2nd Ct # 210, Margate FL 33068
1 bd · 1 ba · 680 sqft · $66/sqft · 207 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 416 Lakeside Drive # 129 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 416 Lakeside Drive # 129 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
416 Lakeside Drive # 129 FAQs
What would the monthly payment be for 416 Lakeside Drive # 129, Margate FL 33063?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,909/mo — principal and interest, the actual property-tax bill, the $385/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 416 Lakeside Drive # 129, Margate FL 33063?+
The association fee works out to $385 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 416 Lakeside Drive # 129, Margate FL 33063?+
The most recent tax bill on record (2025) was $2,862. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 416 Lakeside Drive # 129, Margate FL 33063?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Margate?+
At $177,777, this home is listed about 8% above the Margate median of $165,000. The market section on this page shows how the area is trending.
Which schools are assigned to 416 Lakeside Drive # 129, Margate FL 33063?+
Atlantic West Elementary School (elementary), Margate Middle School (middle), Coconut Creek High School (high) — Broward County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$177,777 runs 43% above the MARGATE 33063 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03The price has already moved
Listed at $182,777, now $177,777 — a $5K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
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 Miami Association of REALTORS®.
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