See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

5520 Lakeside Dr APT 105, Margate, FL, 33063

2beds
2baths
815sqft
$199,500
$245price/sqft
$1,683/moest. monthly cost
$67,320/yrincome needed

About This Home

Experience serene waterfront living in this beautifully maintained and updated, ground-floor condo in a secluded Gated waterfront community in the heart of Margate. Where breathtaking lake views and modern comforts meet, this move-in-ready unit features a bright, open-concept layout with uniform tile flooring throughout, a modern kitchen equipped with stainless steel appliances, and a primary living area that flows seamlessly through sliding glass doors to a private, screened porch perfect for enjoying the tropical South Florida breeze. Enjoy the peace of mind of being storm-ready with impact windows and doors and a newer AC installed in 2023 as well as a washer and dryer conveniently inside your unit. Tastefully updated bathrooms provide both a shower and tub in the property both with elegant glass door enclosures. This prime location offers the ultimate convenience of ground-floor access and dedicated parking right outside your door. Nestled in a lushly landscaped secluded and gated Margate community, this lakeside gem provides a peaceful retreat just minutes from local dining, shopping, and major highways Do not miss this opportunity!

Getting Around

51
WalkingSomewhat Walkable
40
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

8/10
Liberty Elementary SchoolGrades PK-51.4 mi
5/10
Margate Middle SchoolGrades 6-80.8 mi
3/10
Coconut Creek High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1985

Materials

  • Construction materials: Concrete Block Construction

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Water Heater,Microwave,Electric Range,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Door features: High Impact Doors
  • Window features: Complete Impact Glass
  • Flooring: Tile

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 815
  • Total interior livable area: 815 sqft

Property

Details

  • Parcel number: 484231AH1290
  • Attached to another structure: Yes

Features

  • Entry location: First Floor Entry
  • Pool features: Association
  • Patio & porch: Screened Porch
  • Exterior features: Exterior Cat Walk,None
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake

Parking

  • Parking features: 1 Space,Assigned

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Heat Wave
Inland Flooding
Tsunami

FEMA Declared Disasters in Broward County and Florida

Flood
Hurricane
Severe Storm
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,008$12,096
Home Insurance *$193$2,316
Property Taxes $285$3,420
Electricity $197$2,366
Total$1,683$20,196
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$57,702/yr
40% on housing$50,490/yr
45% on housing$44,880/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.5%
4.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$245This listing

vs Other Active Listings

Avg $/sqft

ZIP 33063$142
Broward County$319

vs Homes Sold Last Month

Median $/sqft

ZIP 33063$293
Broward County$352

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-11Price change$219,000
2026-03-23Listed for sale$229,000
1985-08-01Sold$40,714

For Sale by Agent

AgentNicole Miller PA
BrokerageRealty 100

Similar Homes