7320 Lake Cir Drive 308, Margate, FL 33063

$185,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,110 Status: Closed
Current Price: $185,000 List Date: 3/04/2022 Last Modified: 8/31/2026

Overview

Description

Back on the market! Buyer's financing fell through. Light and bright third floor 2 bed/2 bath corner unit in the sought-after 55+ community of Palm Lakes. The home was just painted throughout and new luxury vinyl plank flooring installed in both bedrooms. Large eat-in kitchen with stainless steel appliances and a new stove, with a pass thru window to the spacious living/dining room area. Master bedroom has a large walk-in closet with en suite bath and opens to the 20 ft screened patio. Washer/dryer in unit! Lots of amenities including 2 pools, tennis court, library, billard's room, BBQ area, exercise room, spa and sauna. Storage space is included. Conveniently located close to shopping (walk to Publix), restaurants, public transportation, Coral Square Mall and just 20 minutes to beaches.

Listing Details MLS# A11168960

General Property Information

Unit Floor #
3
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1110
Living Area Main
1110
Adjusted Area Main
1110
Year Built
1980
Senior Community YN
Yes
Stories Total
4
Direction Faces
Southwest

Property Features

Application Information: 3-4 Weeks Approval; Association Approval Required Association Amenities: Maintenance Association Fee Includes: Cable TV; Elevator; Maintenance Grounds; Maintenance Structure; Pool Service; Roof Repairs; Sewer; Trash; Water Dining Area: Dining/Living Room; Eat-In Kitchen Exterior Features: Other Flooring: Tile; Vinyl Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Refrigerator; Washer Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air Association Type: Condominium Heating: Central; Electric Interior Features: Entrance Foyer; Pantry; Walk-In Closet(s) Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Negotiable Restrictions: Other Restrictions Other Leasing Restrictions: Leasing Prohibited 1st 2 Years Security Features: Security Fence; Smoke Detector(s) Tax Information: City/County Unit Description: Garden Apartment Utilities: Cable Available View: Garden Water View: Lake Showing Requirements: Showing Service Contingencies: Inspection

Contract Information

Comp Sale YN
No
Original List Price
180000
Occupant Type
Vacant

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
7320
Street Name
Lake Cir
Street Suffix
Drive
Unit Number
308
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
4820
Postal Zip
33063
Subdivision Name
PALM LAKES CONDO
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
Parcel Number
484135G30560
Flood Zone
X
Directions
GPS
Building Name
7320

Financial Information

Association YN
Yes
Association Fee
385
Association Fee Frequency
Monthly
Application Required YN
Yes
Estimated Monthly Assoc Recurring Fee
385
Membership Fee Required YN
No
Tax Annual Amount
2579
Tax Year
2021
Tax Legal Description
PALM LAKES CONDO UNIT 308 BLDG 3 AKA PHASE #2 PER CDO BK/PG: 8555/223

Status Change Information

Major Change Timestamp
2022-05-11T03:31:31Z
Major Change Type
Status Change
Price Change Timestamp
2022-03-03T18:20:08Z
Status Change Date
2022-05-11
Under Contract Date
2022-04-21
Close Date
2022-05-10
Close Price
185000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Entry Information

Entry Level
3

Parking Information

Open Parking Spaces
Yes

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
365

Storm Protection

Roll-Down Shutters
Complete

Buyer Details

Country of Origin
United States
Intended Use
Primary Residence
Buyer State
Florida
Zip Code
33064

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
166.67

Section Details

Parcel Number MLX
0560

Originating Details

Originating System Key
367249149
Originating System ID
M00000151
IDX
Listing Office: First Florida Realty
Source MLS Verified
Last Updated: August - 31 - 2026
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