5531 Lakeside Drive 202, Margate, FL 33063

About 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!

Features

• Walk-In Closet(s)
• Bedroom Layout - Stacked
• Balcony
• Other
• Lake Front

Schools

• Elementary: Liberty (Broward)
• Middle: Margate
• High: Coconut Creek

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

One Sotheby's International Realty · Listing agent: Richard R Masterson Jr.

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 5531 Lakeside Drive 202.

Questions About 5531 Lakeside Drive 202

How much is 5531 Lakeside Drive 202?

5531 Lakeside Drive 202 is listed at $199,000, which is about $244 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the association fees at 5531 Lakeside Drive 202?

The listing reports an association fee of $432 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.

What are the property taxes on 5531 Lakeside Drive 202?

The listing reports annual property taxes of $1,597 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 5531 Lakeside Drive 202 built?

5531 Lakeside Drive 202 was built in 1986 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 5531 Lakeside Drive 202 been on the market?

5531 Lakeside Drive 202 has been listed for 108 days, and the asking price has been reduced from $230,000. Days on market and price changes are the first signals of how much room there is to negotiate.

Is 5531 Lakeside Drive 202 waterfront?

Yes. The listing describes the water as other lake front. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.

Which schools serve 5531 Lakeside Drive 202?

The MLS lists Liberty (Broward) (elementary), Margate (middle), Coconut Creek (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

Explore

• More homes for sale in Margate
• Condominiums in Margate
• Broward County real estate
• Broward County housing market
• What is my home worth?
• Mortgage calculator
• All BreakThru Realty listings