363 N Rock Island Road 403, Margate, FL 33063

$125,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,100 Status: Closed
Current Price: $125,000 List Date: 6/25/2025 Last Modified: 8/12/2026

Overview

Description

MOTIVATED!! A DIAMOND IN THE ROUGH! 2 BEDROOM 2 BATH 4TH FLOOR PENTHOUSE CONDO. ENJOY THE BEAUTIFUL VIEWS FROM YOUR LARGE PATIO. TILED FLOORS. EAT-IN KITCHEN. WASHER/DRYER IN UNIT. WALK IN CLOSET IN MASTER BEDROOM. ACTIVE 55+ COMMUNITY ,2 POOLS, TENNIS COURT, BILLIARDS, SAUNA AND EXERCISE ROOM. ASSOCIATION REQUIRES 650 CREDIT SCORE AND VERIFIABLE INCOME OF $40,000. PET FRIENDLY COMMUNITY ALLOWS 2 SM PETS UNDER 20 LBS EACH. ALLOWS RENTALS AFTER ONE YEAR OF OWNERSHIP. WALK TO NEW PUBLIX, BANK, WALGREENS, RESTAURANTS AND BUSES.

Listing Details MLS# F10509567

General Property Information

Total Units In Building
32
Unit Floor #
4
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Living Area Main
1100
Year Built
1980
Gated Community YN
No
Senior Community YN
Yes
Land Lease YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
4
Year Roof Installed
2025
LP/Assessed Value
0.73

Property Features

Application Information: Personal Interview Required Association Amenities: Maintenance Association Fee Includes: Maintenance Structure; Pool Service; Recreation Facility; Roof Repairs; Trash; Water Dining Area: Dining/Living Room; Eat-In Kitchen Flooring: Tile Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Central Air; Electric Heating: Central; Electric Interior Features: Walk-In Closet(s) Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Breed Restrictions Possession: Negotiable Security Features: None Special Information: Sold As-Is Tax Information: Homestead Exemption Unit Description: Penthouse Utilities: Cable Available Water Access: None Water View: Lake Waterfront Features: Lake Front Showing Requirements: Call Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Screened Porch Details: Porch - Screened Contingencies: Financing

Contract Information

Comp Sale YN
No
Original List Price
125000
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
403
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
4932
Postal Zip
33063
Subdivision Name
PALM LAKES
Area
3633
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Parcel Number
484135G31870
Directions
ROCK ISLAND ROAD JUST SOUTH OF ATLANTIC BLVD. JUST AFTER PUBLIX ENTRANCE MAKE A RIGHT THEN A QUICK LEFT TO BUILDING #7 ON RIGHT HAND SIDE.
Building Name
7

Financial Information

Association YN
Yes
Association Fee
2294
Association Fee Frequency
Quarterly
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
697
Tax Year
2024
Tax Assessed/SOH Value
171290
Tax Legal Description
PALM LAKES CONDO UNIT 403 BLDG 7 AKA PHASE #6 PER CDO BK/PG: 8555/223
Assessor Market Value
171290

Status Change Information

Major Change Timestamp
2025-09-19T20:17:04Z
Major Change Type
Status Change
Status Change Date
2025-09-27
Under Contract Date
2025-08-20
Close Date
2025-09-19
Close Price
125000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Co-Ownership

Property Management YN
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Leasing Restrictions

Leasing - Max Times Per Year
Yes

Concessions

Seller Concessions
Yes
Seller Concessions Amount
3750

Price Calculations

Current Price To SqFt
113.64
Original List Price To Close Price
Yes

Section Details

Parcel Number MLX
1870

Originating Details

Originating System Key
600042650
Originating System ID
M00000170
IDX
Listing Office: Real Estate II Inc
Source MLS Verified
Last Updated: August - 12 - 2026
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