7320 Lake Circle Drive 105, Margate, FL 33063

$90,000

Virtual Tour

https://www.propertypanorama.com/7320-Lake-Circle-Dr-Unit-105-Margate-FL-33063/unbranded

Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 960 Status: Closed

Current Price: $90,000 List Date: 8/16/2021 Last Modified: 8/02/2026

Overview

Description

Wow! Come see this spacious first floor unit in the 55+ community of Palm Lakes. This large 1 bedroom features a walk-in closet and a full bathroom with sliders leading out to the extensive 200sq ft. patio overlooking the lake and garden. This unit also features an additional full bathroom for guest use, an updated eat-in kitchen, in unit washer and dryer, ceramic tile flooring throughout, a storage closet on the patio and an additional storage unit on the floor. Assigned Parking in front of your unit for easy access. The A/C was installed 2015. Palm Lakes allows two small pets under 20lbs and the ability to rent the unit after 1 year ownership. Minimum 650 credit score. Make this one yours today!

Listing Details MLS# F10297236

General Property Information

Unit Floor #: Yes
Property Sub Type: Condominium
Bedrooms Total: Yes
Bathrooms Total: 2
Bathrooms Full: 2
Living Area Main: 960
Year Built: 1980
Parking Total: 11
Gated Community YN: No
Senior Community YN: Yes
Land Lease YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 4
Direction Faces: Southwest
Furnished: Unfurnished
LP/Assessed Value: 1.33

Property Features

Accessibility Features: Accessible Elevator Installed Application Information: 3-4 Weeks Approval Association Fee Includes: Common Areas; Insurance; Maintenance Grounds; Maintenance Structure; Pool Service; Recreation Facility; Reserve Funds; Sewer; Trash; Water Dining Area: Dining/Living Room; Eat-In Kitchen Flooring: Ceramic Tile Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air Heating: Central Interior Features: Storage; Walk-In Closet(s) Listing Terms: Cash; Conventional Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: Size Limit Possession: Negotiable Road Frontage Type: West of US-1 Security Features: Smoke Detector(s); Other Special Information: Sold As-Is Storm Protection Details: Storm Shutters Tax Information: No Homestead Unit Description: Garden Apartment Utilities: Cable Available View: Garden Water Access: None Water View: Lake Waterfront Features: Lake Front Window Features: Blinds Showing Requirements: Call Listing Agent; Lockbox; Showing Service Outdoor Living Spaces: Porch Porch Details: Porch - Screened Contingencies: Inspection

Contract Information

Comp Sale YN: No
Original List Price: 92000
Occupant Type: Vacant

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 7320
Street Name: Lake Circle
Street Suffix: Drive
Unit Number: 105
City Name: Margate
State Or Province: FL
Postal Code: 33063
Postal Code +4: 4801
Postal Zip: 33063
Subdivision Name: PALM LAKES
Area: 3633
Geographic Area: NW41 - North Broward 441 To Everglades (3611-3642)
Parcel Number: 484135G30370
Directions: MAPQUEST
Building Name: 7320

Financial Information

Association YN: Yes
Association Fee: 1004
Association Fee Frequency: Quarterly
Application Required YN: Yes
Association Phone: 954-971-1719
Membership Fee Required YN: No
Tax Annual Amount: 1814
Tax Year: 2020
Tax Assessed/SOH Value: 69280
Tax Legal Description: PALM LAKES CONDO UNIT 105 BLDG 3 AKA PHASE #2 PER CDO BK/PG: 8555/223
Assessor Market Value: 69280

Status Change Information

Major Change Timestamp: 2021-10-07T18:41:20Z
Major Change Type: Status Change
Status Change Date: 2021-10-09
Under Contract Date: 2021-09-03
Close Date: 2021-10-07
Close Price: 90000
Buyer Financing: Cash

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 100

Entry Information

Entry Level: Yes
Entry Location: First Floor Entry,Walk-In Closets

Parking Information

Parking Space Number: 11

Short Sale Details

Short Sale Addendum: No

Co-Ownership

Property Management YN: No

Main Level Rooms

Main Level Bathrooms: 2
Main Level Bedrooms: Yes

Pet Details

Total Weight Limit (Pets): 20

Qualifying Requirements

Minimum Credit Score YN: Yes
Minimum Credit Score: 650

Leasing Restrictions

Leasing - Max Times Per Year: Yes

Concessions

Seller Concessions: No

Price Calculations

Current Price To SqFt: 93.75
Original List Price To Close Price: 0.97

Section Details

Parcel Number MLX: 0370

Originating Details

Originating System Key: 546112349
Originating System ID: M00000170

Listing Office: Smart Property Moves LLC

Last Updated: August - 02 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

7320 Lake Circle Drive 105, Margate, FL 33063 (MLS# F10297236)