1 bed 1 bath waterfront pool luxury condo for sale at 355 W LAUREL Drive 1N, Margate, FL — Laurels At Margate Condo

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Luxury condo — 355 W LAUREL Drive 1N · Laurels At Margate Condo · Margate

Photo 6 of 355 W LAUREL Drive 1N, Margate, FL in Laurels At Margate Condo — luxury condo for sale

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condo

$125,000

355 W LAUREL Drive 1N, Margate, FL 33063

Margate, FL, 33063

1 bd · 1 ba · 738 sqft

Listed by Bergman Realty Group

condo

355 W LAUREL Drive 1N, Margate, FL 33063

LAURELS AT MARGATE CONDO

Margate, Broward County, FL, 33063

$125,000Available

Listed by Bergman Realty Group

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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

$1,427/ month

20% down · 6.75% interest · 30-year loan · Conforming loan

Principal, interest, taxes and insurance, HOA. Property Tax (after sale). Estimated; not a lender quote.

Principal & interest: $649/mo
Property tax (after sale) est.: $217/mo
Homeowners insurance est.: $166/mo
HOA: $396/mo

Estimate only, not guaranteed. Verify before you buy or sell.

Cash to close

355 W LAUREL Drive 1N, Margate, FL 33063

Open calculator

Estimated cash to close est.

$33,478.50

Down payment plus Florida taxes, title, lender and prepaid costs.

Partial estimate: unknown amounts are excluded. Ask Simon to verify them.

Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.

Estimate only, not guaranteed. Verify before you buy or sell.

Purchase price ($)County

Cash purchase

Down payment (%)

Interest rate (%) est.

Loan amount (calculated): $100,000.00Conforming loan

Current site planning rate. Rate does not change the taxes or fees below. Prepaid interest is not included.

Buyer pays owner’s title insurance

Buyer default: Broward / Miami-Dade. Seller default: Palm Beach. Your contract controls.

Edit closing costs & prepaids

Lender fees ($) est.Appraisal ($) est.Title endorsements allowance ($) est.Title search & examination ($) est.Municipal lien search ($) est.Settlement / closing fee ($) est.County recording — deed ($) est.County recording — mortgage ($) est.Inspection / wind / 4-point ($) est.Survey ($) est.Annual property tax after sale ($) est.Annual homeowners insurance ($) est.HOA / condo contribution or transfer ($) est.

Simultaneous owner and lender title policies

Assumes both policies cover identical land and dates, with loan coverage within owner coverage—even if the seller pays owner title. Minimum lender premium $25. Turn off if not eligible. Endorsement allowance defaults to one $25 endorsement; actual requirements and premiums vary (Florida 69O-186.005).

Appraisal starts at $650. Waterfront and luxury homes may require a higher fee; confirm with your lender.

Tax uses existing ZIP estimates (after sale); insurance uses existing site estimates. Edit with your quote. If HOA insurance is included, confirm separate unit-owner coverage. Missing HOA costs are excluded—not assumed zero.

Estimated cash to close est.

$33,478.50

Down payment est.: $25,000.00
Mortgage note documentary stamps est.: $350.00
Mortgage intangible tax est.: $200.00
Lender’s title insurance est.: $25.00
Lender title endorsements est.: $25.00
Lender fees est.: $1,500.00
Appraisal est.: $650.00
Owner’s title insurance est.: $700.00
Title search & examination est.: $125.00
Municipal lien search est.: $150.00
Settlement / closing fee est.: $450.00
County recording (deed) est.: $30.00
County recording (mortgage) est.: $120.00
Inspection, wind mitigation & 4-point est.: $900.00
Survey est.: $500.00
Property tax escrow (2 months, after sale) est.: $434.17
Insurance escrow (2 months) est.: $331.33
First-year insurance premium est.: $1,988.00
HOA / condo contribution or transfer est.: Not provided

Partial estimate: unknown amounts are excluded. Ask Simon to verify them.

Mortgage stamps: $0.35 per $100 or fraction. Intangible tax: 0.2% of loan. Title uses Florida 69O-186.003 base rates. Assumes 2 months of tax/insurance escrow for financed purchases plus first-year insurance; cash purchases have no lender escrow.

Before deposits and credits. Prepaid interest and other contract costs are not included. Discounts and title endorsements must be confirmed by the title company. Title search, municipal lien search, settlement and recording are pass-through title company charges for cash and financed buyers alike; the municipal lien search is priced by each city and can run higher (e.g. Boca Raton $150, Coral Gables $220).

Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.

Estimate only, not guaranteed. Verify before you buy or sell.

Insurance & flood

Flood zone (FEMA): Zone X 0.2 Percent Annual Chance Flood HazardNot federally required
Homeowners insurance est.: $166 / month

Source: FEMA National Flood Hazard Layer · Date checked: Oct 22, 2026

Insurance estimates vary widely. Get a real quote before you make an offer.

Estimate only, not guaranteed. Verify before you buy or sell.

Flood zone: X

Moderate mapped flood risk; flooding is still possible.

Source: FEMA National Flood Hazard Layer · Date checked: Oct 22, 2026

Roof type: Shingle
Roof year: Not provided —
Impact windows / doors: Not provided —
Shutters: Not provided —
Window features: Not provided —
Year built: 1974

Homeowners insurance: $166 / month est.

Annual premium est.: $1,683
Fees & taxes est.: $305
Annual total est.: $1,988
Likely range est.: $1,689–$2,385
Dwelling coverage est.: $175,275
Other structures est.: $3,506
Personal property est.: $35,055
Loss of use est.: $17,528
Hurricane deductible (2%) est.: $3,506

Based on the listing: 738 sq ft · built 1974 · 2 stories.

Dwelling coverage uses living area × county rebuilding cost. Selling price and land value are not included. The monthly estimate includes fees and applicable taxes.

Broward inland rates were calibrated against two supplied policies; other county and coastal rates have not yet been calibrated against real quotes.

Assumed where the listing is silent: concrete-block construction · inland rating band · roof 6–15 years old · gable roof · standard finish · 2% hurricane deductible · admitted carrier; no surplus-lines tax. A newer roof, a hip roof shape, or a higher deductible can lower the premium; frame construction can raise it.

Educational estimate only, not an insurance quote. Actual premiums depend on the carrier, inspections, discounts, and underwriting. Flood insurance not included. Simon Gedz is a Realtor, not a licensed insurance agent.

Zone X. Flood insurance is not federally required, but it is strongly recommended and usually available at lower rates.

The FEMA map is a strong indication, not the final answer: your lender orders its own flood zone determination. Cash buyers are not required to carry flood insurance, but on the water it is strongly recommended.

Florida rule: by 2027, Citizens policyholders must carry flood insurance even outside a flood zone, unless the Citizens policy excludes wind coverage. The FEMA map does not show this.

How flood insurance is priced (FEMA Risk Rating 2.0)

Flood insurance is priced home by home, so two neighbors on the same canal can pay very different amounts. Premiums depend on the home's elevation (first-floor height above the expected flood level), distance to water (ocean, Intracoastal, canal or river), the type of flood risk (storm surge, heavy rain or river overflow), the cost to rebuild, the foundation and construction type, and past flood claims on the property.

Federal flood insurance (NFIP) pays at most $250,000 for the building and $100,000 for contents. A luxury waterfront home needs private flood insurance or an "excess flood" policy on top.

Before an offer: pull the official FEMA flood map (FIRMette), ask the seller for an elevation certificate (it largely decides the price), ask whether the seller's existing NFIP policy can be transferred to you (sometimes at a lower rate), and have an insurance agent check prior flood claims (CLUE report). New NFIP policies usually have a 30-day wait before they take effect — don't leave it until the week of closing.

Open FEMA flood map & FIRMette

Insurance estimates vary widely. Get a real quote before you make an offer.

Estimate only, not guaranteed. Verify before you buy or sell.

Bedrooms

Bathrooms

738

Sq. Ft.

About This Property

Find similar homes

Beautifully updated, light and bright corner condo in The Laurels at Margate! This spacious residence features tile flooring throughout, an updated eat-in kitchen with wood cabinetry, stone countertops, and stainless steel appliances, plus generous closet space with custom built-in organizers. Enjoy a spacious living and dining area, updated bathrooms, and an enclosed patio offering additional space to relax. Convenient parking just outside your door and additional exterior storage. Community amenities include a pool, fitness center, tennis, basketball, billiards, clubhouse, BBQ grills, and fishing along the C-14 Canal. Water and cable are included in the condo fees. An excellent opportunity for affordable South Florida living! Association approval required.

Building health

Building: LAURELS AT MARGATE CONDO· MLS
Year built: 1974· MLS
Stories: 2· MLS
Units: Not provided —
Milestone inspection: Not provided —
Milestone date: Not provided —
SIRS: Not provided —
SIRS date: Not provided —
Special assessments: Not provided —
Assessment amount: Not provided —
Assessment purpose: Not provided —
Assessment due date: Not provided —
Reserves: Not provided —
Minimum lease term: Not provided —
Rentals per year: Not provided —
Pet rules: Yes, Number Limit, Size Limit, Pet Restrictions Possible· MLS
Age restriction (55+): Not provided —
HOA fee: $396 / month · billed Monthly· MLS

Last updated Not provided, source: MLS remarks —

Always review the association's milestone inspection report, SIRS, budget and the last 24 months of board minutes before you buy.

Property Details

Property Type

Condominium

Year Built

1974 (52 yrs old)

Price / Sq Ft

$169

HOA Fee

$396 / month

Community

LAURELS AT MARGATE CONDO

MLS #

B26098360

Location

Margate, Broward County, FL, 33063

Listed

11/9/2026

Days on Market

Pets

Pet-friendly — Size limit · Number limit (confirm current rules with the association)

Dogs

Welcome here

Cats

Welcome here

QR code

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Built In Features

Walk In Closet(S)

Electric Water Heater

Disposal

Dishwasher

Electric Range

Microwave

Refrigerator

Water Heater

Range

Flooring: Ceramic Tile

Flooring: Tile

Cooling: Central Air

Cooling: Ceiling Fan(S)

Cooling: Electric

Heating: Central

Heating: Electric

Parking: Assigned

Roof: Shingle

Construction: CBS

Resale

Storm Protect: None

2 Stories

Subdivision: LAURELS AT MARGATE CONDO

Your costs (est.)

≈ $1,427/mo

355 W LAUREL Drive 1N, Margate, FL 33063 · Margate

Location

355 W LAUREL Drive 1N, Margate, FL 33063

What buyers ask about this home

What are the estimated monthly carrying costs at 355 W LAUREL Drive 1N, Margate, FL 33063?+

Property tax (after sale): $217/month est.; homeowners insurance: $166/month est.; HOA: $396/month. Fixed ownership costs before a mortgage: $779/month est. Principal and interest: $649/month; PMI: $0/month. Total for the payment scenario shown: $1,427/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 355 W LAUREL Drive 1N, 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 355 W LAUREL Drive 1N, 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 I check about the association before buying 355 W LAUREL Drive 1N, Margate, FL 33063?+

For a Florida condo, review the milestone structural inspection and the Structural Integrity Reserve Study, current reserve balances, any pending or recently voted special assessment, the association's insurance and its litigation history. Ask how many units are owner-occupied and whether the lender will approve the building — a poorly funded association is the single biggest hidden cost in a condo purchase.

Can 355 W LAUREL Drive 1N, Margate, FL 33063 be rented out?+

Rental rules are set by the association's documents, not the MLS. Many Margate luxury buildings limit leases to once or twice a year with a minimum term and require board approval and an application fee. Request the declaration and rules before your inspection period ends if rental income matters to your plan.

Is there room to negotiate on 355 W LAUREL Drive 1N, Margate, FL 33063?+

This listing has been on the market 4 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

Pompano Beach

6.7 mi · ~12 min drive

Brightline Fort Lauderdale Station

8.3 mi · ~16 min drive

Downtown Fort Lauderdale / Las Olas

8.5 mi · ~16 min drive

Downtown Boca Raton / Mizner Park

10.7 mi · ~20 min drive

Fort Lauderdale–Hollywood Intl (FLL)

11.4 mi · ~21 min drive

Miami Intl Airport (MIA)

30.7 mi · ~58 min drive

Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.

Search all schools near this home →

Assigned schools for this address

Liberty Elementary School
Elementary · 1.8 mi from this home · 2450 Banks Rd, Margate
Ratings
(754)322-6750 Directions
Margate Middle School
Middle school · 1.0 mi from this home · 500 Nw 65Th Ave, Margate
Ratings
(754)322-3800 Directions
Coconut Creek High School
High school · 1.2 mi from this home · 1400 Nw 44Th Ave, Coconut Creek
Ratings
(754)322-0350 Directions

Zone boundaries published by Broward County Public Schools.

Other options for this address

ElementaryMiddle schoolHigh schoolPre-K & Kindergarten

Grace Christian Preschool
Elementary · Private · Christian · Grades PK–3 · Margate
Ratings
0.5 mi(954) 977-7586 Directions
West Broward Academy
Elementary · Charter · Grades PK–8 · Margate
Ratings
0.9 mi(754)702-2320 Directions
Imagine Charter School At North Lauderdale Elementary
Elementary · Charter · Grades PK–5 · North Lauderdale
Ratings
1.7 mi(954)973-8900 Directions
Somerset Preparatory Academy Charter School At North Lauder
Elementary · Charter · Grades PK–8 · North Lauderdale
Ratings
1.8 mi(954)718-5065 Directions
New Hope Christian School
Elementary · Private · Christian · Grades PK–8 · Fort Lauderdale
Ratings
2.0 mi(954) 973-1129 Directions
Master Minds Academy
Elementary · Private · Grades K–8 · Pompano Beach
Ratings
2.1 mi(954) 278-4224 Directions
Suned High School Of North Broward
High school · Charter · Grades 9–12 · Margate
Ratings
0.7 mi(954)246-4004 Directions
Ascend Career Academy
High school · Charter · Grades 9–12 · Margate
Ratings
0.9 mi(954)978-4555 Directions
Somerset Preparatory Academy Charter High At North Lauderda
High school · Charter · Grades 9–12 · North Lauderdale
Ratings
1.8 mi(954)718-5065 Directions
Career Online High School
High school · Private · Grades 9–12 · Pompano Beach
Ratings
2.0 mi(877) 221-5151 Directions
Meridian High School
High school · Private · Grades 9–12 · Margate
Ratings
2.5 mi(877) 737-3153 Directions
Rohr Bais Chaya Academy
High school · Private · Grades 9–12 · Tamarac
Ratings
3.5 mi(954) 788-8781 Directions
Abundant Life Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades PK–12 · Margate
Ratings
1.1 mi(954) 979-2665 Directions
Faith Baptist Academy
Pre-K & Kindergarten · Private · Christian · Grades K–12 · Margate
Ratings
1.9 mi(954) 974-2504 Directions
Phyls Academy Preparatory School
Pre-K & Kindergarten · Private · Grades PK–12 · Plantation
Ratings
2.3 mi(954) 731-7524 Directions
Phyl'S Academy Preparatory School
Pre-K & Kindergarten · Private · Grades PK–12 · Margate
Ratings
2.3 mi(954) 325-0694 Directions
Broward Math And Science Schools
Pre-K & Kindergarten · Charter · Grades PK–12 · Margate
Ratings
2.6 mi(954)969-8488 Directions
Rhem Word Christia Academy
Pre-K & Kindergarten · Private · Grades K–12 · Fort Lauderdale
Ratings
2.8 mi(954) 781-8680 Directions

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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$125,000 · MLS B26098360

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