172 W Laurel Drive 1102, Margate, FL 33063

$140,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,019 Status: Closed
Current Price: $140,000 List Date: 11/01/2023 Last Modified: 8/03/2026

Overview

Description

ALL-AGES WELCOME! PET-FRIENDLY COMMUNITY w/WASHER/DRYER IN UNIT & LOTS OF GUEST PARKING! Bright & Spacious 2 BR/2 BA 1st Flr Garden Condo in highly sought after Laurels at Margate! Open floorplan overlooking screen patio & private greenbelt area. Updated kitchen with 2023 SS Refrigerator and LG IQ Stackable Washer & Dryer, 2021 A/C, 2021 WH, newly resurfaced Tile floors throughout living area, laminate flooring in lrg Primary BR. Unit Freshly Painted. Lots of storage, incl an outside Storage room, Great loc, quiet complex! Furniture is negotiable. *Association requires a 650 Credit Score, Combined Household income of $35K per year, 40% DTI Ratio; no rentals first 3 years of ownership, MUST BE BUYER's PRIMARY RESIDENCE. Assoc req 18 months of maintenance be held in escrow until resale.

Supplements: Please see HOA requirements (must be PRIMARY RESIDENCE)- no lease for 3 years, 2 pets and a 30lb total weight limit, 650 credit score with $35k+ income, 40% DTI ratio, and 18 months of HOA dues in escrow at closing ($11,009) per HOA.

Listing Details MLS# F10406951

General Property Information

Unit Floor #
Yes
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Living Area Main
1019
Year Built
1974
Gated Community YN
No
Senior Community YN
No
Land Lease YN
No
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
11
Direction Faces
Northeast
Builder Model
Large 2 Bedroom / 2 Bath Condo
Furnished
Negotiable

Property Features

Application Information: 3-4 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Common Areas; Insurance; Maintenance Grounds; Maintenance Structure; Pool Service; Recreation Facility; Reserve Funds; Roof Repairs; Sewer; Trash; Water Dining Area: Dining/Living Room; Eat-In Kitchen; Snack Bar/Counter Exterior Features: Lighting Flooring: Tile; Wood Parking Features: Assigned; Guest Property Condition: Resale; Updated/Remodeled Appliances: Dishwasher; Electric Range; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Central Air; Electric Heating: Central; Electric Interior Features: Storage; Walk-In Closet(s); Other Listing Terms: Cash; Conventional Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: Breed Restrictions Possession: Negotiable Restrictions: Parking - No Motorcycle Security Features: Other Special Information: Sold As-Is Tax Information: Homestead Exemption Unit Description: Garden Apartment Utilities: Cable Available View: Garden Window Features: Blinds Showing Requirements: Showing Service Outdoor Living Spaces: Porch Porch Details: Porch - Screened Contingencies: 3rd Party Approval

Contract Information

Comp Sale YN
No
Original List Price
149999
Occupant Type
Owner

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
172
Street Direction Prefix
W
Street Name
Laurel
Street Suffix
Drive
Unit Number
1102
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
5383
Postal Zip
33063
Subdivision Name
Laurels of Margate Condo
Development Name
Laurels of Margate
Area
3524
Geographic Area
NE41 - North Broward Turnpike To 441 (3511-3524)
Parcel Number
484231AK1700
Directions
Laurels at Margate community is loc on the south side of Atlantic Blvd., west of Lyons Rd and East of State Rd 7/441. Turn right into the community and follow to property. Recommend using Google Maps for the most accurate directions from your location!
Building Name
11

Financial Information

Association YN
Yes
Association Deposit YN
Yes
Association Deposit Amount
11010
Association Fee
611
Association Fee Frequency
Monthly
Application Required YN
Yes
Association Phone
954-979-4430
Membership Fee Required YN
No
Tax Annual Amount
709
Tax Year
2022
Tax Legal Description
LAURELS AT MARGATE CONDO UNIT 1102 BLDG 11 PER CDO BK/PG: 5957/1

Status Change Information

Major Change Timestamp
2023-12-26T16:17:07Z
Major Change Type
Status Change
Status Change Date
2024-01-20
Under Contract Date
2023-11-07
Close Date
2023-12-26
Close Price
140000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Entry Information

Entry Level
Yes
Entry Location
First Floor Entry,Other Interior Features,Walk-In Closets

Parking Information

Open Parking Spaces
Yes
Parking Space Number
104

Short Sale Details

Short Sale Addendum
No

Capital Contributions

Capital Contributions YN
No

Co-Ownership

Property Management YN
No

Ceiling Fan Details

Number Of Ceiling Fans
Yes

Main Level Rooms

Main Level Bathrooms
Yes
Main Level Bedrooms
Yes

Qualifying Requirements

Minimum Credit Score YN
Yes
Minimum Credit Score
650

Leasing Restrictions

Leasing - Max Times Per Year
Yes

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
137.39
Original List Price To Close Price
0.93

Section Details

Parcel Number MLX
1700

Originating Details

Originating System Key
572934307
Originating System ID
M00000170
IDX
Listing Office: Compass Florida, LLC
Source MLS Verified
Last Updated: August - 03 - 2026
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