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HELLOCONDO BUYER'S BRIEF

3-Bedrooms Condos with Water View Under 500k in Coral Gate Margate, FL

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Star IconWhat to know
  • Coral Gate features a diverse demographic with a significant portion of the population aged between 40 to 44 years, earning up to $55,092 annually.
  • The largest age group is 40 to 44, indicating a strong presence of middle-aged residents.

Market Overview

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Frequently Asked Questions About Margate, FL

What is it like to live in Coral Gate, Margate, FL?

Living in Coral Gate offers a suburban environment with access to parks and community amenities. The neighborhood features a mix of single-family homes and townhouses, making it appealing to families and retirees alike. Residents benefit from proximity to shopping centers, schools, and recreational facilities.

Is Coral Gate, Margate, FL expensive?

Coral Gate is considered moderately priced compared to other areas in South Florida, with median home prices and rental rates that reflect the local market dynamics. The overall cost of living is influenced by factors such as proximity to amenities and the desirability of the neighborhood. However, it may be less expensive than nearby cities like Fort Lauderdale or Boca Raton.

What is the weather of Coral Gate, Margate, FL?

Coral Gate experiences a humid subtropical climate, characterized by hot, humid summers and mild, dry winters. Average high temperatures in the summer can exceed 90°F, while winter highs typically range from 70°F to 80°F. The region receives significant rainfall, especially from June to September during the rainy season.

How safe is Coral Gate, Margate, FL?

Coral Gate has a relatively low crime rate compared to national averages, contributing to a perception of safety among residents. Local law enforcement actively engages with the community, enhancing the overall safety environment. However, like any community, it is advisable for residents to remain aware of their surroundings.