Sold Aug 21, 2026
$198,000About this home
Excellent opportunity in a beautifully maintained lakefront condo complex in Margate. Second floor unit with views of the large community pool and lake. Open floorplan leads out to a screened in balcony. Two bedroom and two bathrooms. Storage closet. Washer and Dryer. Minutes from local restaurants, shopping, and major highways. One of Margate's best kept affordable secrets!
Listing last checked: Listing updated:
Listed by Richard R Masterson Jr. · One Sotheby's International Realty · MLS #B26015911
Request property information
Select a document to start a request. You can add others in the form. Availability varies.
Details at a glance
Interior4 property facts
- Rooms
- 3
- Heating
- Central
- Cooling
- Ceiling Fan(s)
- Flooring
- Laminate, Wood
Building4 property facts
- Style
- Condominium
- Year built
- 1986
- Parking
- 1
- Roof
- Tar/Gravel
Land & utilities5 property facts
- Lot size
- 0 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
- Zoning
- TOC-CC
Financial3 property facts
- Annual taxes
- $1,597
- Assessment year
- 2025
- HOA fee
- $432 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $199,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,139 / monthAdjust
- Principal & interest
- $1,006
- Property tax
- $133
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $1,597. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $432. The billing period was not supplied; confirm the monthly amount before adding it.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Sld
$105,000 · Sold $100,000 · Aug 22, 2016
More property insights
Comparable properties 3 supplied
Sold Aug 15, 2026
$205,0005510 Lakeside Drive #202
Sold Jul 16, 2026
$192,500501 Gardens Drive #101
Explore more of Margate
Continue your search in Margate.
Need help making sense of this home?
About 5531 Lakeside Drive #202
Can I request a private showing?
Request a tour of 5531 Lakeside Drive #202 and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.