Margate City

Real Estate

Coastal homes, condos, seasonal properties and bayfront neighborhoods—with the flood, elevation and insurance context that matters in a barrier-island market.

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July 2026 snapshot

Margate Housing Market

Redfin's three-month market view ending July 2026 provides a useful directional snapshot. Portal statistics change frequently and should not be treated as an appraisal or valuation of a specific property.

MetricJuly 2026 snapshot
Median sale price$1,174,412
Year-over-year change+2.1%
Homes sold65
Median days on market90 days
Median sale price per sq. ft.$797

Ocean side

Beach-block and near-ocean properties can carry significant premiums. Buyers should confirm dune, setback, access and flood requirements.

Bay side

Waterfront, lagoon and marina-area properties require close attention to bulkheads, docks, flood elevations and insurance.

Seasonal market

Margate has extensive second-home and seasonal-rental activity, so listing and sale patterns can shift sharply around the shore season.

Coastal due diligence

Before You Buy or Renovate

Flood zone & elevation

Check the property's flood-zone designation, base flood elevation and available elevation certificate. Margate maintains an online elevation-certificate library for many properties.

Substantial improvement rules

Development in the floodplain requires permits. Improvements meeting the city's 50% substantial-improvement threshold can trigger requirements to bring the building into compliance with new-construction flood standards.

Insurance

Obtain current flood, wind and homeowners insurance estimates before finalizing affordability. Coverage and deductibles vary significantly by elevation and construction.

Local approvals

Review zoning, setbacks, permits, surveys, parking, utility connections, rental rules, taxes and any planned additions or elevation work with the appropriate city offices.

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