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+20 photosLuxury villa — 416 Lakeside Drive 129 · Village On The Lake Condo · Margate
South Florida Luxury Living
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Open property magazine$177,777
416 Lakeside Drive 129, Margate, FL 33063
Margate, FL, 33063
2 bd · 1 ba · 630 sqft
Listed by Fidelity Real Estate Group LLC
416 Lakeside Drive 129, Margate, FL 33063
Listed by Fidelity Real Estate Group LLC
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Estimated monthly payment
$1,768/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $1,768/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: X · verify insurance quotes before buying.
About this home
Find similar homesInvestor-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!
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
182 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Cats
Welcome per listing rules
Your costs (est.)
≈ $1,768/mo
416 Lakeside Drive 129, Margate, FL 33063 · Margate
Location
416 Lakeside Drive 129, Margate, FL 33063
What buyers ask about this home
What are the estimated monthly carrying costs at 416 Lakeside Drive 129, Margate, FL 33063?+
Property tax (after sale): $309/month est.; homeowners insurance: $151/month est.; HOA: $385/month. Fixed ownership costs before a mortgage: $845/month est. Principal and interest: $922/month; PMI: $0/month. Total for the payment scenario shown: $1,768/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 416 Lakeside Drive 129, Margate, FL 33063?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 416 Lakeside Drive 129, Margate, FL 33063 need flood insurance, and what drives the premium?+
Most of Margate sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 416 Lakeside Drive 129, Margate, FL 33063?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 416 Lakeside Drive 129, Margate, FL 33063?+
This listing has been on the market 182 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Located in Margate, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Coconut Creek High School
High school · 1.0 mi from this home · 1400 Nw 44Th Ave, Coconut Creek
Zone boundaries published by Broward County Public Schools.
Other options for this address
Imagine Charter School At North Lauderdale Elementary
Elementary · Charter · Grades PK–5 · North Lauderdale
Somerset Preparatory Academy Charter School At North Lauder
Elementary · Charter · Grades PK–8 · North Lauderdale
Somerset Academy Riverside Charter Middle School
Middle school · Charter · Grades 6–8 · Coral Springs
Somerset Preparatory Academy Charter High At North Lauderda
High school · Charter · Grades 9–12 · North Lauderdale
Abundant Life Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades PK–12 · Margate
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
$177,777 · MLS B26029016
$177,777
416 Lakeside Drive 129
6014 NW 3rd Street, Margate, FL 33063
Listed by Perspicacity Realty & Investments, CORP
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