A 55+ community of two-story garden condo buildings from 1978 spread along NW 18th Street in Margate, part of the larger Palm Springs Condominiums area adjoining the Oriole golf course corridor. Units look out over gardens, pools, and fairways, and quarterly dues bundle cable, water, garbage, insurance, and exterior upkeep. The association is self-identified at palmsprings3.com and enforces age rules (55+ occupancy, no residents under 15). Individual buildings hold roughly a dozen units each, with 348 units in the overall Palm Springs III registration.
No red flags currently on our file (last updated 2026-07-07) — but our file reflects publicly identified issues, not verified good standing. Your report re-checks all 14 risk categories fresh and tells you exactly what to verify with the association.
Get the full Intelligence Report — $9.99Publicly reported association fees at Palm Springs III are approximately ~$1,075/quarter (per 2026 listing; varies by unit), covering amenities, cable, water, garbage, insurance, exterior maintenance. Buyers should verify the current fee schedule for the specific unit with the association.
Palm Springs III was built in approximately 1978 and rises 2 floors with 348 units.
Florida condominiums of this age are subject to milestone inspection and structural reserve requirements. Our Intelligence Report covers what official city and county records show for this building, and what remains for a buyer to verify with the association.
When you buy into a condo building that's 15 or more years old — anywhere in the US — you should expect by default that an assessment, or several, is in effect or on the way: roof repairs, elevator replacement, repaving, facade work. Buildings age on a schedule, and the bill lands on the owners: often hundreds of dollars a month on top of your mortgage, HOA fee, taxes, and insurance. The unit listing rarely mentions any of it.
In Florida, the stakes for older buildings are higher still. Since the 2021 Surfside tragedy, state law requires milestone structural inspections at 30 years (25 in some coastal areas), Structural Integrity Reserve Studies, and — critically — bars associations from waiving reserve funding for structural components, ending decades of artificially low fees. Add the state's insurance surge, and many older buildings carry obligations that never appear in a listing. None of this makes an older building a bad purchase — but the difference between a well-run 1970s tower and a struggling one can be tens of thousands of dollars per unit. That's the question our building intelligence answers.
Nearby in Margate: The Laurels at Margate · The Meadows · Oriole Gardens · Holiday Springs Village · Holiday Springs Village 2 · All Margate condos