7220 Lake Circle Drive 305, Margate, FL 33063

$50,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,100 Status: Closed
Current Price: $50,000 List Date: 12/09/2010 Last Modified: 7/30/2026

Overview

Description

PETS NOW ALLOWED! 1 PET UNDER 20LBS IS NOW OK PER ASSOCIATION. ENJOY YOUR LAKE VIEW FROM THIS EXPANSIVE BALCONY WITH SHUTTERS. UNIT HAS CERAMIC TILE EXCEPT FOR BEDROOMS WHICH ARE BERBER CARPET. TASTEFULLY FURNISHED, WASHER AND DRYER IN THE UNIT. INVESTORS DREAM AS THIS CAN BE RENTED OUT IMMEDIATELY. ASSOCIATION REPRESENTS 55+

Listing Details MLS# F1109744

General Property Information

Unit Floor #
3
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1100
Living Area Main
1100
Year Built
1978
Senior Community YN
Yes
Land Lease YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
4
Furnished
Furnished
LP/Assessed Value
1.02

Property Features

Application Information: 3-4 Weeks Approval; Personal Interview Required Association Amenities: Maintenance Association Fee Includes: Common Areas; Elevator; Maintenance Structure; Pest Control; Sewer; Trash; Water Dining Area: Dining/Living Room; Eat-In Kitchen Flooring: Carpet; Ceramic Tile Leasing Permitted Details: Okay To Lease Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Refrigerator; Washer Construction Materials: CBS Cooling: Central Air; Electric Heating: Central; Electric Interior Features: Bedroom Layout - Split; Walk-In Closet(s) Pets Allowed YN: Yes Possession: Negotiable Restrictions: Other Restrictions; Parking - No Trailer Security Features: Smoke Detector(s); Other Special Information: Sold As-Is Storm Protection Details: Storm Shutters Tax Information: Tax Reflects No Exemptions View: Garden Water Access: None Water View: Lake Waterfront Features: Lake Front Showing Requirements: Lockbox Outdoor Living Spaces: Balcony Balcony Details: Balcony - Screened Porch Details: Porch - Screened

Contract Information

Comp Sale YN
No
Original List Price
59900
Occupant Type
Vacant

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
7220
Street Name
Lake Circle
Street Suffix
Drive
Unit Number
305
City Name
Margate
State Or Province
FL
Postal Code
33063
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
484135G31170
Directions
PALM LAKES IS LOCATED BEHIND THE PUBLIX SHOPPING CENTER AT ROCK ISLAND & ATLANTIC
Building Name
5

Financial Information

Association YN
Yes
Association Fee
285
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
971
Tax Year
2010
Tax Assessed/SOH Value
53980
Tax Legal Description
PALM LAKES CONDO UNIT 305 BLDG 5 AKA PHASE #4
Assessor Market Value
53980

Status Change Information

Major Change Timestamp
2011-05-17T01:06:21Z
Major Change Type
Status Change
Price Change Timestamp
2011-04-06T16:56:33Z
Status Change Date
2011-05-18
Under Contract Date
2011-04-19
Close Date
2011-05-16
Close Price
50000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Leasing Permitted Details

Leasing Permitted YN
Yes

Short Sale Details

Short Sale Addendum
No

Co-Ownership

Property Management YN
No

Leasing Restrictions

Leasing - Max Times Per Year
Yes

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
45.45
Original List Price To Close Price
0.83

Section Details

Parcel Number MLX
1170

Originating Details

Originating System Key
3203214
Originating System ID
M00000170
IDX
Listing Office: The Keyes Company
Source MLS Verified
Last Updated: July - 30 - 2026
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