7220 Lake Cir Drive 401, Margate, FL 33063

$162,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,110 Status: Closed
Current Price: $162,000 List Date: 3/24/2023 Last Modified: 7/01/2026

Overview

Description

COME TAKE A TOUR OF THIS BRIGHT CORNER 2 BEDROOM 2 BATHROOM UNIT, WITH A BIG MASTER BEDROOM AND LARGE WALK IN CLOSET. SPACIOUS BALCONY WITH PEACEFUL VIEW OF THE WATER. ASSOCIATION HAS TWO POOLS, TENNIS COURT, BEAUTIFUL CLUBHOUSE. ASSOCIATION STATES 55+ AND 650 CREDIT SCORE, AND SCREENING. CENTRALLY LOCATED TO MAJOR ROADS AND HIGHWAYS. CLOSE TO SHOPPING, BANKS, WALGREENS, RESTAURANTS AND MALL.

Listing Details MLS# R10876308

General Property Information

Unit Floor #
4
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1110
Building Area Source
Public Records
Living Area Main
1110
Accessibility Features YN
Yes
Year Built
1980
Gated Community YN
No
Senior Community YN
Yes
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
4
Direction Faces
North
Pool Private YN
No
Furnished
Negotiable

Property Features

Accessibility Features: Accessible Approach with Ramp Association Fee Includes: Cable TV; Common Areas; Elevator; Maintenance Grounds; Pest Control; Sewer; Trash; Water Dining Area: Dining/Living Room Flooring: Carpet Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer Construction Materials: CBS Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Walk-In Closet(s) Laundry Features: Inside; Laundry Closet Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Negotiable Other Leasing Restrictions: Leasing Prohibited 1st Year Storm Protection Details: None Tax Information: Homestead Exemption Unit Description: Corner/End Unit Utilities: Cable Available Water View: Pond Waterfront Features: Pond Window Features: Blinds Outdoor Living Spaces: Balcony Balcony Details: Balcony - Covered Contingencies: None Room Types: Kitchen; Laundry; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
160000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
7220
Street Name
Lake Cir
Street Suffix
Drive
Unit Number
401
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Zip
33063
Subdivision Name
PALM LAKES CONDO
Area
3632
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Special Assessment YN
No
Parcel Number
484135g31210
Zoning
R-3A

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
385
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
476.58
Tax Year
2022
Tax Legal Description
PALM LAKES CONDO UNIT 401 BLDG 5 AKA PHASE #4 PER CDO BK/PG: 8555/223

Status Change Information

Major Change Timestamp
2023-07-09T19:42:06Z
Major Change Type
Status Change
Status Change Date
2023-07-09
Under Contract Date
2023-03-31
Close Date
2023-06-30
Close Price
162000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Leasing Restrictions

Leasing - Max Times Per Year
Yes

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main

Price Calculations

Current Price To SqFt
145.95
Original List Price To Close Price
0.98

Originating Details

Originating System Key
20230323232012479056000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 0.00 0.00 Main
Kitchen 0.00 0.00 Main
Master Bedroom 0.00 0.00 Main
Laundry
IDX
Listing Office: Proper Realty Co
Source MLS Verified
Last Updated: July - 01 - 2026
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