Pepeganga Margarita Fútbol Club (usually called Pepeganga Margarita) was a professional club founded on 1985. The club won one Second Division title in 1986–87 season. The club was based in Isla Margarita, Nueva Esparta.

History In the 1990 Copa Libertadores, the club was eliminated by Independiente in the Round of 16.

Honours Venezuelan Primera División: 0 Runner-up (1): 1988–89 Venezuelan Segunda División: 3 Winners (1): 1986–87

Performance in CONMEBOL competitions Copa Libertadores: 1 appearance 1990: Round of 16

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