7300 Lake Cir Drive 404, Margate, FL 33063

$105,000
Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 960 Status: Closed
Current Price: $105,000 List Date: 3/31/2026 Last Modified: 7/14/2026

Overview

Description

STUNNING 1 BEDROOM PENTHOUSE CONDO WITH RELAXING LAKE VIEWS FROM YOUR ENCLOSED TILED PATIO. UPDATED EAT-IN KITCHEN. BEAUTIFUL LAMINATE WOOD FLOORING IN LIVING ROOM/DINING ROOM AREAS. BEDROOM HAS CARPET AND WALK IN CLOSET. A/C 1 YEAR NEW. EACH UNIT HAS THEIR OWN STORAGE AREA. ASSOCIATION STATES 55+ COMMUNITY AND IS PET FRIENDLY ALLOWING 2 PETS UP TO 20 LBS EACH. $40,000 YEARLY INCOME IS REQUIRED WITH A 650 CREDIT SCORE. MUST OWN 1 YEAR BEFORE LEASING. GREAT LOCATION! WALK TO CLUBHOUSE, PUBLIX, BANKING, RESTAURANTS, WALGREENS AND TRANSPORTATION.

Listing Details MLS# B26009123

General Property Information

Unit Floor #
404
Property Sub Type
Condominium
Bedrooms Total
Yes
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
960
Building Area Source
Other
Living Area Main
960
Living Area Source
Other
Adjusted Area Main
960
Accessibility Features YN
No
Year Built
1980
Parking Total
Yes
Gated Community YN
No
Senior Community YN
Yes
Waterfront YN
Yes
Stories Total
4
Stories
Yes
Direction Faces
Northeast
Fireplace YN
No
Pool Private YN
No
Furnished
Negotiable
Washer/Dryer Allowed YN
Yes
Year Roof Installed
2025
LP/Assessed Value
1.4

Property Features

Application Information: 3-4 Weeks Approval Association Amenities: Recreation Facilities Association Fee Includes: Cable TV; Common Areas; Maintenance Grounds; Pest Control; Trash; Water Dining Area: Dining/Living Room; Eat-In Kitchen Flooring: Carpet; Laminate; Tile; Wood Parking Features: Assigned; Guest Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave; Oven; Refrigerator; Washer; Water Heater; Range Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air Association Type: Condominium Heating: Central; Electric Interior Features: Walk-In Closet(s) Laundry Features: In Unit Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Breed Restrictions; Number Limit; Size Limit Possession: Close Of Escrow Restrictions: Buyer Approval Required; Parking - No Commercial Vehicles; See Remarks Roof: Other Sewer: Public Sewer Special Information: Sold As-Is Structure Type: Multi Family Tax Information: Homestead Exemption Unit Description: Penthouse Utilities: Other View: Water Water Access: None Water Source: Public Water View: Lake Waterfront Features: Lake Front Showing Requirements: Call Listing Agent; Lockbox Contingencies: Financing Room Types: Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
114200
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Broward
Street Number
7300
Street Name
Lake Cir
Street Suffix
Drive
Unit Number
404
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33063
Postal Code +4
4818
Subdivision Name
PALM LAKES
Area
3633
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Elementary School
Morrow
Middle Or Junior School
Silver Lakes
High School
Coconut Creek
Special Assessment YN
No
Parcel Number
484135g30920
Zoning
R-3A
Flood Zone
X
Directions
ROCK ISLAND ROAD SOUTH OF ATLANTIC BLVD. TO ENTRANCE RIGHT AFTER PUBLIX. FOLLOW TO BUILDING #4

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
2083
Association Fee Frequency
Quarterly
Association Membership
Voluntary
Association Reserves YN
Yes
Application Required YN
Yes
Association Name
PALM LAKES
Association Phone
954-971-1719
Association Email
palmlakes@nextgenfla.com
Master Association YN
No
Estimated Monthly Assoc Recurring Fee
695
Membership Fee Required YN
No
Tax Annual Amount
1139.38
Tax Year
2025
Tax Assessed/SOH Value
81810
Tax Legal Description
PALM LAKES CONDO UNIT 404 BLDG 4 AKA PHASE #3 PER CDO BK/PG: 8555/223
Assessor Market Value
116010

Status Change Information

Major Change Timestamp
2026-07-14T13:03:13Z
Major Change Type
Status Change
Price Change Timestamp
2026-06-01T16:10:25Z
Status Change Date
2026-07-14
Under Contract Date
2026-06-11
Close Date
2026-07-13
Close Price
105000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
Yes

Pet Details

Maximum Number Of Pets
2
Pet Fee YN
No
Total Weight Limit (Pets)
20

Qualifying Requirements

Minimum Credit Score YN
Yes
Minimum Credit Score
650

Price Calculations

Current Price To SqFt
118.95

Originating Details

Originating System Key
20260331134158412122000000
Originating System ID
M00000170

Room Information

Room Name
Kitchen
Living Room
Master Bedroom
IDX
Listing Office: Real Estate II Inc
Source MLS Verified
Last Updated: July - 14 - 2026
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