363 N Rock Island Road 405, Margate, FL 33063

$160,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,100 Status: Closed
Current Price: $160,000 List Date: 5/15/2024 Last Modified: 8/03/2026

Overview

Description

IDEAL LOCATION! ENJOY BREATHTAKING SUNSETS FROM YOUR LARGE SCREENED BALCONY. FRESHLY PAINTED 2 BEDROOM 2 BATH PENTHOUSE IN DESIRABLE PALM LAKES. NEW IMPACT WINDOWS IN KITCHEN AND 2ND BEDROOM AND ACCORDION SHUTTERS ON BALCONY. EAT IN KITCHEN. WASHER AND DRYER. EXTRA STORAGE PROVIDED. UPDATED BATHROOMS. LAMINATE WOOD IN LIVING ROOM. WALK IN CLOSET IN MASTER BEDROOM. ASSOCIATION STATES 55+, REQUIRES $40,000 COMBINED INCOME AND 650+ CREDIT SCORE. COMMUNITY IS PET FRIENDLY WHICH ALLOWS 2 PETS UNDER 20 POUNDS EACH. CLUBHOUSE FEATURES 2 POOLS, TENNIS, SHUFFLEBOARD, SAUNA, EXERCISE ROOM AND BILLIARDS. WALK TO SHOPS, RESTAURANTS, WALGREENS, BANK, AND A NEW PUBLIX UNDER CONSTRUCTION. SELLER TO PAY ROOF ASSESSMENT.

Listing Details MLS# F10436619

General Property Information

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
LP/Assessed Value
1.22

Property Features

Application Information: Personal Interview Required Association Amenities: Maintenance Association Fee Includes: Maintenance Structure; Pest Control; Trash; Water Dining Area: Dining/Living Room; Eat-In Kitchen Flooring: Laminate; Tile Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Ceiling Fan(s); 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 Storm Protection Details: Storm Shutters Tax Information: Homestead Exemption 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: Inspection

Contract Information

Comp Sale YN
No
Original List Price
179900

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
405
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
4933
Postal Zip
33063
Subdivision Name
PALM LAKES
Area
3633
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Parcel Number
484135G31890
Directions
ROCK ISLAND ROAD JUST SOUTH OF ATLANTIC BLVD. ON RIGHT HAND SIDE. FOLLOW TO BLDG.#7
Building Name
7

Financial Information

Association YN
Yes
Association Fee
2015
Association Fee Frequency
Quarterly
Application Required YN
Yes
Association Phone
954-971-1719
Membership Fee Required YN
No
Tax Annual Amount
1569
Tax Year
2023
Tax Assessed/SOH Value
147520
Tax Legal Description
PALM LAKES CONDO UNIT 405 BLDG 7 AKA PHASE #6 PER CDO BK/PG: 8555/223
Assessor Market Value
147520

Status Change Information

Major Change Timestamp
2024-07-31T02:30:59Z
Major Change Type
Status Change
Status Change Date
2024-07-30
Under Contract Date
2024-06-10
Close Date
2024-07-30
Close Price
160000
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
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
145.45
Original List Price To Close Price
0.88

Section Details

Parcel Number MLX
1890

Originating Details

Originating System Key
581562523
Originating System ID
M00000170
IDX
Listing Office: Real Estate II 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.