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$14,000,000
7590 Atlantic Blvd, Margate, Florida 33063
MLS#:
A11639362
Commercial Land/Lots
0
Sq.Ft.
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Margate
Located about one and a half miles from the Atlantic Ocean, Margate is a small city in Broward County, Florida. Spread over an area of 9.09 square miles, Margate has a population of around 57,870 as of 2016.
The city is considered the gateway to Western Broward County. This explains the name of the city, Margate. It gets its first three letters from its founder and developer Jack Marqusee and the last four letters because of being the point of entry to Western Broward County.
This is a developed city with facilities like a waterpark, golf courses, and a tennis court. The Calypso Cove is a famous waterpark in the area.
You have many elementary and middle schools in Margate. However, you have to go to Coconut Creek or Coral Springs for your high school requirements. In addition, you have the charter schools and private schools as well.
The main development of the area occurred in the period 1970 to 1980 with the development of various real estate projects. The population of the city rose by 305% during this period. There is ample scope for further developments today. Hence, you see many developers embarking on new projects in thus town. The population is a mixture of the White Caucasian and the Black Afro American. English and Spanish are the main languages one can hear in this city.
Having a skewed male to female ratio, there are only 85 males to every 100 females in the city. The number of senior citizens over the age of 65 is also a bit on the higher side as compared to the national average. The average per capita income of this city is $20,308 thus making it a middle-class city. 8.4% of the population is below the poverty line. One of the most notable brand ambassadors for this city is the American singer and actress, Kaye Stevens.
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