Margate: Single-family residence sells for $500,000

Published Nov 14, 2025

The property at 1060 Southwest 55th Way in Margate was sold on Nov. 3, 2025 for $500,000 which works out to $277 per square foot. The house, built in 1980, has an interior space of 1,808 square feet. This is a single-story house. The property is equipped with central A/C. In addition, the home comes with two parking spots, ensuring convenient parking for multiple cars. The unit encompasses a generous 8,390 square feet of land, featuring abundant outdoor space and a pool.

These nearby houses have also recently changed hands:

· A 1,806-square-foot home at 1041 Southwest 56th Avenue in Margate sold in January 2022 for $400,000, a price per square foot of $221.

· At 1041 Southwest 56th Avenue in Margate in September 2022, a 1,806-square-foot home was sold for $449,500, a price per square foot of $249.

· In September 2025, a 1,370-square-foot home at 1021 Southwest 56th Avenue in Margate sold for $465,000, a price per square foot of $339. The home has 3 bedrooms and 2 bathrooms.