South Florida Condo Fee Index · development report · as of October 18, 2026 · Margate, Broward County
Palm Springs, Margate: condo fees, what sold, and what is for sale today
As of October 18, 2026, the median monthly-equivalent association fee among 9 active Palm Springs listings with a usable fee is $658, 22% above the Margate condo median of $540. 9 Palm Springs condominiums are listed for sale in Margate, and 3 more are under contract. 7 of 9 active listings have recorded current asking price below original.
Over the twelve months October 2025 to September 2026, 15 Palm Springs condos closed at a median $138,800, a median 7% under their original asking price.
Key takeaways
- Median listed association fee in Palm Springs: $658/mo across 9 active listings with a usable fee, 22% above the Margate condo median of $540.
- 15 Palm Springs condos closed October 2025 to September 2026 at a median $138,800, 92.8% of original asking price.
- 9 Palm Springs condos are for sale as of October 18, 2026 at a median asking price of $130,000; 7 of 9 show a current asking price below original.
- 7.2 months of supply at the current sales pace (9 for sale against 1.3 sales a month).
- Buildings here date from 1978 to 1980, so Florida milestone inspection rules apply.
Small sample: Palm Springs has fewer than 20 condos for sale and fewer than 20 closings in the window, so single listings move these figures. Read them as indicative and check the counts under each number.
The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.
For Palm Springs owners
Own a condo in Palm Springs? The association fee is fixed at sale. The asking price is your decision.
Buyers comparing Palm Springs condos see the listed monthly association fee beside every asking price and weigh the two together. You cannot change the association fee when you sell; you can set the price with the association fee, the closed sales and the current competition in Palm Springs already accounted for.
53.3% of active condo listings in Margate have a recorded asking price below their original list price.
The data comes from the segment and recorded fields available in PBP Real Estate's BeachesMLS feed, as of the date shown. Gia Freer, Broker of Record, turns comparable sales and current competition into one written pricing opinion for your Palm Springs condo, with the reasoning, before it goes live.
No website estimate, no automated number: a written opinion of value prepared by hand, within one business day.
Request a pricing opinion for your property
Buying in Palm Springs? Email me when a new Palm Springs unit lists, or browse every unit for sale.
Own in Palm Springs? Pricing correctly is a skill. Gia Freer prices your condo from this data, with the association fee factored in.
Ask Ava about this dataPrice my Palm Springs condo correctlyFor buyers and sellers: Sellers here are asking a median $130,000 while the last twelve months of sales closed at a median $138,800, 92.8% of the original asking price. That gap, plus 9 competing units and 7.2 months of supply at the current sales pace, is the pricing reality a Palm Springs seller starts from; the listed fee median of $658/mo among 9 active records with a usable fee is a comparison point, not a quote for a specific unit. Confirm its actual fee and coverage with the association.
The story for media: "15 condominiums in Palm Springs, Margate, sold between October 2025 and September 2026 at a median price of $138,800, or 92.8% of their original asking price, while 9 remain for sale; the median listed monthly-equivalent association fee is $658 among 9 active records with a usable fee, according to PBP Real Estate's daily analysis of BeachesMLS data as of October 18, 2026."
What condos actually sold in Palm Springs, month by month
Source: BeachesMLS via PBP Real Estate's brokerage feed, condominium listings permitted for internet display. Active and under contract as of Oct 18, 2026; closed sales October 2025 to September 2026. Deemed reliable but not guaranteed.
Range $78,000 to $180,000. Sold figures cover listings permitted for internet display and closed between October 1, 2025 and September 30, 2026; they are counts and medians, never an opinion of any unit's value.
Where the Palm Springs fee sits among Margate condos
Shaded band = 25th to 75th percentile of Margate condo fees for sale today. Source: BeachesMLS via PBP Real Estate's brokerage feed, condominium listings permitted for internet display. Active and under contract as of Oct 18, 2026; closed sales October 2025 to September 2026. Deemed reliable but not guaranteed.
What the Palm Springs fee includes, as entered by listing brokers
- Grounds 100%
- Common areas 88.9%
- Trash 88.9%
- Reserve fund 77.8%
- Cable TV 77.8%
- Recreation facilities 77.8%
- Water 77.8%
- Structure maintenance 66.7%
- Sewer 66.7%
- Pool 55.6%
Share of the 9 Palm Springs listings that state what the fee covers. Utilities, insurance and reserves change what a fee is worth; compare coverage before dollars.
What condos are for sale in Palm Springs today
Source: BeachesMLS via PBP Real Estate's brokerage feed, condominium listings permitted for internet display. Active and under contract as of Oct 18, 2026; closed sales October 2025 to September 2026. Deemed reliable but not guaranteed.
See every Palm Springs listing with photos, fees and days on market, or get an email when a new Palm Springs unit lists.
Counts of the condominium listings for sale whose agent-written public remarks mention each item; not verified and not a statement about the association. Ask for the budget, reserve study and any assessment resolution before writing an offer.
Schools for Palm Springs
Broward County Public Schools assigns the center point of Palm Springs to these three public schools. Assignments are set by street address and can change; confirm the unit’s address with the district locator before you rely on it.
44 private schools registered with the Florida Department of Education sit within 5 miles of Palm Springs. Margate private schools by grade band (7).
Sources: Broward County Public Schools Find My School locator, retrieved 2026-09-19; FL DOE Private School Directory. Straight-line distances from the listing center point. PBP does not rank or rate schools.
What the recorded flags mean for a Palm Springs buyer
- Special assessment mentioned, 4 of 9 listings
- A special assessment is a charge on top of the regular fee, adopted by the board for a specific purpose such as a repair, a reserve shortfall or an insurance increase. Ask the association for the adopting resolution, the amount per unit, what it pays for and the payment schedule. Who pays the unpaid balance at closing is negotiable between buyer and seller and should be written into the contract. 1 of these listings describe the assessment as pending or carried by the buyer.
- Milestone inspection or recertification mentioned, 2 of 9 listings
- Florida requires a milestone structural inspection of condominium and cooperative buildings three habitable stories or taller by the end of the year the building reaches 30 years from its certificate of occupancy, and every ten years after; a local building department may require it at 25 years (s. 553.899, F.S.). Associations for those buildings must also complete a structural integrity reserve study at least every ten years (s. 718.112(2)(g), F.S.). Listings in Palm Springs report a median year built of 1979. Ask for the Phase 1 inspection report, any Phase 2 report and the reserve study; they tell you whether repairs are identified and how they are funded.
- Age restriction (55+) mentioned, 6 of 9 listings
- Housing for older persons under the federal Fair Housing Act exemption requires that at least 80% of occupied units have one resident aged 55 or older and that the community publish and follow age-verification policies. The rules govern who may occupy a unit, not who may own it; a buyer who does not meet the age requirement may face limits on living there or renting it out. Ask the association for its written 55+ policy and occupancy rules.
- Required club or equity membership mentioned, 2 of 9 listings
- In some communities buying a unit requires joining a club and paying an initiation or equity contribution plus annual dues that are separate from the association fee. Ask for the membership agreement, the current initiation and dues schedule, whether the equity portion is refundable on resale, and whether membership transfers with the unit.
Counts are of the listings for sale whose agent-written public remarks mention each item. They are not a statement about the association and the absence of a mention is not confirmation that none applies. Financing terms and eligibility for a specific unit are decided by the lender and its investor, not by this page. Review the association documents, budget and reserve study with your own advisers before writing an offer.
What do buyers and sellers ask about Palm Springs?
What is the condo fee in Palm Springs, Margate?
As of October 18, 2026, the median monthly-equivalent association fee across the 9 Palm Springs condominiums for sale that state a fee is $658. That is 22% above the Margate condo median of $540. The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.
What did condos in Palm Springs sell for?
15 Palm Springs condominiums closed between October 1, 2025 and September 30, 2026 at a median $138,800 ($139 per square foot), ranging from $78,000 to $180,000. The median sale closed at 92.8% of the original asking price and 95.2% of the final asking price, after a median 78 cumulative days on market. 80% of those sales were cash. Closings are reported to the MLS with a lag, so the window ends with the last full month; 1 October 2026 closing has been reported so far and is not in the medians.
How many Palm Springs condos are for sale, and are prices being cut?
9 Palm Springs condominiums are listed as of October 18, 2026, asking from $69,900 to $169,900, median $130,000; 3 more are under contract. 7 of 9 active records have current ListPrice below OriginalListPrice. Among those 7 records, median reduction is $24,000 and 12.8%; these are separate medians. The remainder is not a never-cut group. Median nonmissing recorded CDOM is 165 days, not an independently reconstructed property history. At the last twelve months' sales pace the inventory ratio is 7.2 months; not a sale-time forecast.
Does Palm Springs have special assessments, age restrictions or membership requirements?
We report what listing agents wrote, not what the association has decided. Among the 9 Palm Springs listings for sale, 4 mention a special assessment in the public remarks (1 describe one as pending or carried by the buyer); 6 state an age restriction such as 55+; 2 mention a required club or equity membership; 0 mention a land or recreation lease. Confirm every one of these with the association documents before writing an offer.
How is this Palm Springs report built and how often is it updated?
Refresh is scheduled daily from PBP Real Estate's BeachesMLS data feed: active and under-contract condominium listings in Margate whose subdivision field names Palm Springs, plus available closings in the twelve months ending September 30, 2026. Use the report's statistical date and qualifying counts. Fees are converted to a monthly equivalent and usable association layers are summed. Medians need five or more records, percentages ten or more; smaller groups are shown as counts. Palm Springs is a small sample (under 20 listings and under 20 sales), so read its figures as indicative. This is a market read of MLS listing data, not an opinion of value about any unit or a statement about the association's finances. The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.
Which public schools are zoned for Palm Springs, Margate?
Broward County Public Schools assigns the center point of Palm Springs to these three public schools: Atlantic West Elementary, Margate Middle School and Coconut Creek High School. Assignments are set by street address and can change; confirm the unit's address with the district locator before you rely on it. 44 private schools registered with the Florida Department of Education sit within 5 miles.
Download the Palm Springs, Margate fact sheet (PDF, one page) - fees, closed sales, inventory and nearby distances on one sheet, data as of October 18, 2026. Share it or link to it with attribution to PBP Real Estate.
Analyst: Gia Freer, Broker of Record, PBP Real Estate, LLC (Lic. BK689801), available on the record: 561-395-8418.
Nearby Margate developments to compare with Palm Springs
Straight-line distance from Palm Springs; median monthly fee and units on the market from the same daily snapshot.
More live Margate data
PBP Real Estate analysis of BeachesMLS listings. Refresh is scheduled daily; read each index’s own date and sample.
Own a home or condo in Margate? What is my home worth in Margate? Current sale prices, houses and condos separate · Selling a house in Margate: what it takes and what mispricing costs
Method: listings whose MLS subdivision field maps to Palm Springs after normalization (tower, section and phase records merged; master community plus its enclaves), condominiums by tax legal description (a townhouse, villa or house whose legal records a condominium is included), Margate, permitted for internet display in PBP Real Estate's BeachesMLS data feed. Active and under-contract figures are from the daily snapshot as of October 18, 2026; closed sales are from a rolling archive and cover October 1, 2025 to September 30, 2026, the last full month, because closings are reported to the MLS with a lag. Fees are as entered by each listing office, converted to a monthly equivalent, with master and sub-association layers summed. Medians require five or more records and percentages ten or more; smaller groups are shown as counts. Remark-based flags are keyword classifications of agent-written text and are not verified. Nothing here is an opinion of value about any property or a statement about any association's finances. The fees displayed are only as accurate as the brokerage that provided them in its individual listings through the multiple listing service. Information is deemed to be reliable but not guaranteed.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated October 18, 2026.
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