365 W Laurel Drive 7N, Margate, FL 33063

$124,999
Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 738 Status: Closed
Current Price: $124,999 List Date: 2/07/2023 Last Modified: 8/03/2026

Overview

Description

Quiet All Ages welcome community. Community Currently Under Exterior Building Renovations. Asking Price under appraised value. Owner has paid all the Assessments, Easy access 2nd floor unit located near the Clubhouse, Gym, Pool & BBQ picnic area. The association fees include water, basic cable, building insurance and reserves. Nice layout with renovated kitchen & appliances, Master bedroom with walk-in closet plus standard closet. Excellent location within walking distance to shopping centers, dining, and near major highways for easy commuting. Must own for 3 years before renting. 10% downpayment condominium loan available.

Listing Details MLS# F10367187

General Property Information

Number Of Units In Community
166
Total Units In Building
12
Unit Floor #
2
Property Sub Type
Condominium
Bedrooms Total
Yes
Bathrooms Total
2
Bathrooms Full
Yes
Bathrooms Half
Yes
Living Area Main
738
Year Built
1981
Gated Community YN
No
Senior Community YN
No
Land Lease YN
No
Outdoor Living Spaces YN
Yes
Stories Total
2
Furnished
Unfurnished

Property Features

Application Information: 3-4 Weeks Approval Association Fee Includes: Common Areas; Insurance; Recreation Facility; Reserve Funds Dining Area: Dining/Living Room Exterior Features: Awning(s) Flooring: Carpet; Ceramic Tile Parking Features: Open Property Condition: Resale Appliances: Dishwasher; Electric Range; Microwave; Refrigerator; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Interior Features: High Ceilings; Storage; Walk-In Closet(s) Listing Terms: Cash; Conventional; VA Loan Pets Allowed YN: Yes Possession: Negotiable Security Features: Other Special Information: Sold As-Is Tax Information: No Homestead Unit Description: Garden Apartment Utilities: Cable Available View: Garden; Other Showing Requirements: Lockbox; No Appointment; Showing Service Outdoor Living Spaces: Glass Enclosed; Porch Porch Details: Porch - Screened Contingencies: Other

Contract Information

Comp Sale YN
No
Original List Price
135000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
365
Street Direction Prefix
W
Street Name
Laurel
Street Suffix
Drive
Unit Number
7N
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Zip
33063
Subdivision Name
LAURELS AT MARGATE CONDO
Development Name
LAURELS AT MARGATE
Area
3633
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Parcel Number
484231AC0870
Directions
First building on the right near the clubhouse, parking space #215 at clubhouse.

Financial Information

Association YN
Yes
Association Deposit YN
Yes
Association Deposit Amount
6786
Association Fee
377
Association Fee Frequency
Monthly
Application Required YN
Yes
Association Phone
(954) 979 - 4430
Association Website
https://www.thelaurels-margatefl.com/
Membership Fee Required YN
No
Tax Annual Amount
1953
Tax Year
2022
Tax Legal Description
LAURELS AT MARGATE CONDO UNIT 7 BLDG N (AKA 365-7N) PER CDO BK/PG: 5957/1

Status Change Information

Major Change Timestamp
2023-05-23T18:57:17Z
Major Change Type
Status Change
Price Change Timestamp
2023-02-25T16:55:29Z
Status Change Date
2023-05-23
Under Contract Date
2023-03-21
Close Date
2023-05-23
Close Price
124999
Buyer Financing
VA

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Parking Information

Open Parking Spaces
2

Capital Contributions

Capital Contributions YN
No

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
Yes
Seller Concessions Amount
5000

Price Calculations

Current Price To SqFt
169.38
Original List Price To Close Price
0.92

Section Details

Parcel Number MLX
4842

Originating Details

Originating System Key
563509747
Originating System ID
M00000170
IDX
Listing Office: Ace Realty & Investment
Source MLS Verified
Last Updated: August - 03 - 2026
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