Sale closed in Margate: $520,000 for a three-bedroom home

Published Nov 6, 2025

A 1,884-square-foot house built in 1979 has changed hands. The unit at 3221 Northwest 54th Terrace in Margate was sold on Oct. 27, 2025 for $520,000 which represents a price per square foot of $276. The layout of this single-story home includes three bedrooms and two baths. The property is equipped with central A/C. In addition, the home features two parking spots, providing ample room for multiple vehicles. Situated on a spacious 7,519-square-foot lot, the property offers ample outdoor space along with the added bonus of a pool.

Other houses that have recently changed hands close by include:

· At 3145 Festival Drive #273 in Margate in September 2023, a 1,110-square-foot home was sold for $315,000, a price per square foot of $284. The home has 2 bedrooms and 1.5 bathrooms.

· A 1,110-square-foot home at 5512 Pageant Place in Margate sold in October 2021 for $241,000, a price per square foot of $217. The home has 2 bedrooms and 1.5 bathrooms.

· In October 2023, a 1,110-square-foot home at 3240 Festival Drive #226 in Margate sold for $320,000, a price per square foot of $288. The home has 2 bedrooms and 1 bathroom.