357 N Rock Island Road 308, Margate, FL 33063

$162,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,110 Status: Closed
Current Price: $162,000 List Date: 4/05/2022 Last Modified: 8/31/2026

Overview

Description

Welcome home to this light and bright desirable corner unit in a pet-friendly active 55+ community! Enjoy the best water views in the whole community from your large screen-enclosed patio. Palm Lakes features the largest patios in town as well as large rooms and generous square footage. Featuring a spacious walk-in closet and accordion shutters on windows, ready for your own updates! Enjoy the convenience of a washer/dryer in unit. Community features 2 pools, tennis courts, club house with amenities! Rare-find 55+ community that allows TWO Pets up to 20lbs each and provides such ample square footage for a 2 Bedroom! Association represents as 55+ and requires one owner to have a 650 or more credit score. THIS CONDO HAS WHAT IS NEEDED TO FINANACE UNDER 25% down, as low as 3% if you qualify!

Listing Details MLS# A11169786

General Property Information

Unit Floor #
3
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1110
Living Area Main
1110
Adjusted Area Main
1110
Year Built
1980
Senior Community YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
4

Property Features

Application Information: 3-4 Weeks Approval; Association Approval Required Association Amenities: Maintenance Association Fee Includes: Cable TV; Common Areas; Elevator; Insurance; Maintenance Grounds; Maintenance Structure; Pest Control; Reserve Funds; Roof Repairs; Sewer; Trash; Water Dining Area: Eat-In Kitchen; Family/Dining Combination Exterior Features: Other Flooring: Carpet; Tile Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Refrigerator; Washer Water Heater Details: Electric Water Heater Construction Materials: Block Cooling: Ceiling Fan(s); Central Air; Paddle Fan(s) Association Type: Condominium Heating: Central Interior Features: Walk-In Closet(s) Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Negotiable Restrictions: Parking - No Motorcycle; Parking - No Trailer; Parking - No Truck Other Leasing Restrictions: Leasing Prohibited 1st 2 Years Road Frontage Type: West of US-1 Security Features: None Special Information: Sold As-Is Unit Description: Exterior Catwalk Utilities: Cable Available View: Garden; Water Showing Requirements: Showing Service Outdoor Living Spaces: Porch Porch Details: Porch - Screened Contingencies: None

Contract Information

Comp Sale YN
No
Original List Price
170000
Occupant Type
Vacant

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
357
Street Direction Prefix
N
Street Name
Rock Island
Street Suffix
Road
Unit Number
308
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
4929
Postal Zip
33063
Subdivision Name
PALM LAKES CONDO
Area
3633
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Elementary School
Morrow
Middle Or Junior School
Silver Lakes
High School
Coconut Creek
Parcel Number
484135G32160
Flood Zone
X

Financial Information

Association YN
Yes
Association Fee
1156
Association Fee Frequency
Quarterly
Application Required YN
Yes
Estimated Monthly Assoc Recurring Fee
386
Membership Fee Required YN
No
Tax Annual Amount
2400
Tax Year
2021
Tax Legal Description
PALM LAKES CONDO UNIT 308 BLDG 8 AKA PHASE #7 PER CDO BK/PG: 8555/223

Status Change Information

Major Change Timestamp
2022-05-25T04:59:30Z
Major Change Type
Status Change
Price Change Timestamp
2022-03-04T23:45:15Z
Status Change Date
2022-05-25
Under Contract Date
2022-05-16
Close Date
2022-05-24
Close Price
162000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Entry Information

Entry Level
3

Parking Information

Open Parking Spaces
Yes

Ceiling Fan Details

Number Of Ceiling Fans
Yes

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
365

Storm Protection

Accordian Shutters
Partial

Buyer Details

Country of Origin
United States
Intended Use
Primary Residence
Buyer State
Florida
Zip Code
33063

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
145.95

Section Details

Parcel Number MLX
2160

Originating Details

Originating System Key
367302889
Originating System ID
M00000151
IDX
Listing Office: Realty 100
Source MLS Verified
Last Updated: August - 31 - 2026
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