3469 Merrick Lane # 402, Margate FL 33063, MARGATE, FL, 33063
Active32 days on marketListed Jul 10, 2026MLS #B26050925
About this home
3469 Merrick Lane # 402, Margate FL 33063
Beautifully updated 3-bedroom, 2.5-bath townhouse in sought-after Merrick Preserve, a gated community in the heart of Margate. All bedrooms are conveniently located upstairs, offering privacy and a functional layout. The highlight of this home is its serene preserve view with mature trees and lush greenery, creating a peaceful and natural setting. Recent improvements include a new roof (2024), luxury vinyl wood flooring throughout (2024), remodeled kitchen (2020), A/C system replaced in 2022, dryer (2023), and washer (2025). Community amenities include a swimming pool and beautifully maintained common areas. Ideally located near shopping, restaurants, parks, and schools, with convenient access to major roadways, just 5 minutes from Florida's Turnpike and close to State Road 7 (441). Property may be rented immediately with a yearly lease. One pet is permitted (dog or cat), with a maximum weight of 25 lbs. The association does not require a minimum down payment; however, FHA financing is not permitted. A minimum credit score of 650 is required for buyer approval.The HOA fee includes roof insurance. Unit owners are responsible for maintaining their own homeowners insurance (HO-6 policy).No work trucks are permitted. Pickup trucks must have a covered truck bed while on the property.
Facts & features
The home at a glance
3
Bedrooms
2.5
Bathrooms
1,536
Sqft
0 ac
Lot size
2004
Year built
1
Levels
$247
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.
$3,400 /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
$3,400/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
$247 vs $175
Days on market
32 vs 76 typical
Where $247/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 Coral Gate
Get to know Margate. See the full Margate guide →
Coral Gate — neighborhood snapshot
Population
13,984
Median age
43
Median income
$47,503
Median home value
$285,675
Avg household
2
Households w/ children
1,619
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)
35 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 207% above the MARGATE 33063 median. See the full Margate market guide →
Paper trail
This home's history
Reality check
What actually sold near 3469 Merrick Lane # 402
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$515,000
6113 NW 18th St, Margate FL 33063
4 bd · 2 ba · 1,542 sqft · $334/sqft · 77 DOM
Sold · Dec ’25$368,000
4314 Acacia Cir, Coconut Creek FL 33066
2 bd · 2 ba · 1,527 sqft · $241/sqft · 56 DOM
Sold · Jun ’26$524,999
2227 NW 65th Ave, Margate FL 33063
3 bd · 2 ba · 1,518 sqft · $346/sqft · 36 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 3469 Merrick Lane # 402 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 3469 Merrick Lane # 402 — 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
3469 Merrick Lane # 402 FAQs
What would the monthly payment be for 3469 Merrick Lane # 402, Margate FL 33063?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,400/mo — principal and interest, the actual property-tax bill, the $441/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 3469 Merrick Lane # 402, Margate FL 33063?+
The association fee works out to $441 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 3469 Merrick Lane # 402, Margate FL 33063?+
The most recent tax bill on record (2025) was $4,724. 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 3469 Merrick Lane # 402, 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 $379,999, this home is listed about 130% above the Margate median of $165,000. The market section on this page shows how the area is trending.
Which schools are assigned to 3469 Merrick Lane # 402, Margate FL 33063?+
Monarch High School (high), Coconut Creek Elementary School (elementary), Lyons Creek Middle School (middle) — Broward County School District. Always verify school assignments with the district before relying on them.
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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