363 N Rock Island Road 302, Margate, FL 33063

$128,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,100 Status: Closed
Current Price: $128,000 List Date: 6/25/2024 Last Modified: 8/03/2026

Overview

Description

GORGEOUS WATER VIEWS!! BEST VALUE! LOWEST PRICE! Relax in this spacious 2/2 condo in peaceful Palm Lakes Community. 1 occupant must be at least 55. Enjoy the convenience of a washer dryer inside your unit. Freshly painted. New carpet. Split bedroom floor plan. Primary bedroom has walk in closet and access to the oversized screened balcony. Hurricane shutters. Extra storage. Clubhouse features 2 heated pools, tennis, shuffleboard, sauna, exercise room, billiards, and BBQ Pavilion. Convenient location close to Shopping, public transportation, restaurants, Publix, Walgreens, and banks nearby. 2 pets, max 20# each. No lease 1st yr owned, then 2x/yr., minimum 90 days. Association requires a minimum credit score of 650, minimum annual income $40,000. See attachments: Rules & Regs and documents

Listing Details MLS# F10446703

General Property Information

Total Units In Building
32
Unit Floor #
3
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Living Area Main
1100
Year Built
1980
Parking Total
35
Gated Community YN
No
Senior Community YN
Yes
Land Lease YN
No
Outdoor Living Spaces YN
Yes
Stories Total
4
Stories
11
Direction Faces
East
Furnished
Unfurnished
Year Roof Installed
2024

Property Features

Application Information: 3-4 Weeks Approval; Personal Interview Required Association Amenities: Maintenance; Security Association Fee Includes: Common Areas; Maintenance Grounds; Maintenance Structure; Pool Service; Recreation Facility; Sewer; Trash; Water Dining Area: Dining/Living Room; Eat-In Kitchen; Kitchen Dining Exterior Features: Tennis Court(s) Flooring: Carpet; Tile Leasing Permitted Details: Okay To Lease Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Refrigerator; Washer Construction Materials: Block Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Interior Features: Bedroom Layout - Split Listing Terms: Cash; Conventional Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: Size Limit Possession: Negotiable Restrictions: Limited # Vehicles; Parking - No RV; Parking - No Trailer; Parking - No Truck Security Features: Security Patrol Special Information: Sold As-Is Storm Protection Details: Storm Shutters Tax Information: Tax Reflects No Exemptions Utilities: Cable Available View: Garden; Water Water View: Lake Window Features: Plantation Shutters Showing Requirements: Showing Service Outdoor Living Spaces: Balcony Balcony Details: Balcony - Screened Porch Details: Porch - Screened Contingencies: Inspection Room Types: Bedroom 2; Kitchen; Living Room; Master Bedroom; Other

Contract Information

Comp Sale YN
No
Original List Price
149000
Owner Phone
000-000-0000
Occupant Type
Vacant

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
363
Street Direction Prefix
N
Street Name
Rock Island
Street Suffix
Road
Unit Number
302
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
`
Postal Zip
33063
Subdivision Name
PALM LAKES
Development Name
PALM LAKES
Area
3633
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Parcel Number
484135G31780
Directions
Atlantic Blvd to N Rock Island Rd. Go south. Make 2nd right (after Publix) into Palm Lakes Community. 363-bldg 7
Building Name
363

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
2293
Association Fee Frequency
Quarterly
Application Required YN
Yes
Association Phone
954-969-1330
Membership Fee Required YN
No
Tax Annual Amount
2880
Tax Year
2023
Tax Legal Description
PALM LAKES CONDO UNIT 302 BLDG 7 AKA PHASE #6 PER CDO BKPG: 8555/223

Status Change Information

Major Change Timestamp
2025-02-14T20:41:47Z
Major Change Type
Status Change
Price Change Timestamp
2024-09-27T05:19:10Z
Status Change Date
2025-02-16
Under Contract Date
2025-01-15
Close Date
2025-02-14
Close Price
128000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Entry Information

Entry Level
Yes
Entry Location
First Floor Entry,Split Bedroom

Leasing Permitted Details

Leasing Permitted YN
Yes

Parking Information

Open Parking Spaces
Yes
Parking Space Number
35

Short Sale Details

Short Sale Addendum
No

Boat and Dock Information

Dock
Yes
Dock Number
XXXX

Capital Contributions

Capital Contributions YN
No

Co-Ownership

Property Management YN
No

Ceiling Fan Details

Number Of Ceiling Fans
2

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Pet Details

Total Weight Limit (Pets)
20

Qualifying Requirements

Minimum Credit Score YN
Yes
Minimum Credit Score
650

Leasing Restrictions

Leasing - Max Times Per Year
2

Storm Protection

Accordian Shutters
Partial

Concessions

Seller Concessions
Yes
Seller Concessions Amount
1500

Price Calculations

Current Price To SqFt
116.36
Original List Price To Close Price
0.85

Section Details

Parcel Number MLX
1780

Originating Details

Originating System Key
583846858
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Kitchen 13.25 10.00 Main
Living Room 23.00 14.33 Main
Master Bedroom 14.33 14.00 Main
Bedroom 2 11.91 11.33 Main
Other 22.00 8.66 Main
IDX
Listing Office: Balistreri Real Estate Inc
Source MLS Verified
Last Updated: August - 03 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.