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+43 photosLuxury home — 5260 SW 6TH Place · Oakland Hills 6 · Margate
South Florida Luxury Living
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Open property magazine$499,900
5260 SW 6TH Place, Margate, FL 33068
Margate, FL, 33068
3 bd · 2 ba · 2,005 sqft
Listed by RE/MAX Interaction Realty
5260 SW 6TH Place, Margate, FL 33068
Listed by RE/MAX Interaction Realty
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Estimated monthly payment
$3,902/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 $3,902/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 homesMotivated seller! concessions/ rate buy down available. Welcome home to this inviting 3-bedroom, 2-bath ( easily convertible to a 4th bedroom) single-family home offering comfort, functionality, and great potential. Enjoy the added peace of mind of impact windows, a one-car garage, and a private backyard perfect for entertaining, relaxing, or creating your own outdoor retreat.Low HOA fee of just $275 PER YEAR, NO HOA approval needed. Amenities include access to a clubhouse, swimming pool, basketball court, and picnic area. Two photos are AI-generated for visual possibilties
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 8%
The seller has come down from $544,900 to $499,900 — a $45,000 reduction since it came on the market.
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
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Your costs (est.)
≈ $3,902/mo
5260 SW 6TH Place, Margate, FL 33068 · Margate
Location
5260 SW 6TH Place, Margate, FL 33068
What buyers ask about this home
What are the estimated monthly carrying costs at 5260 SW 6TH Place, Margate, FL 33068?+
Property tax (after sale): $940/month est.; homeowners insurance: $346/month est.; HOA: $22/month. Fixed ownership costs before a mortgage: $1,309/month est. Principal and interest: $2,594/month; PMI: $0/month. Total for the payment scenario shown: $3,902/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 5260 SW 6TH Place, Margate, FL 33068?+
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 5260 SW 6TH Place, Margate, FL 33068 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 5260 SW 6TH Place, Margate, FL 33068?+
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 5260 SW 6TH Place, Margate, FL 33068?+
This listing has been on the market 72 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 · 1.9 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
North Broward Academy Of Excellence Middle
Middle school · Charter · Grades 6–8 · North Lauderdale
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
Rhema Word Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades K–12 · Fort Lauderdale
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
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A closer look at this home and its lifestyle — dedicated to you and your family.
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Simon Gedz
Realtor® since 1995
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$499,900 · MLS B26071403
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