7320 Lake Circle Drive 207, Margate, FL 33063

$177,900
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,100 Status: Closed
Current Price: $177,900 List Date: 2/07/2024 Last Modified: 8/03/2026

Overview

Description

Tranquil and picturesque residence nestled in a vibrant, sought-after area. Enjoy a magnificent balcony boasting breathtaking views of natural waterways. Effortless accessibility with elevator convenience. Thoughtfully designed layout offering splendid vistas through two sliding doors. Ample storage with a walk-in closet, complemented by two bathrooms. Modern amenities include a washer and dryer, glass top stove, dishwasher, refrigerator, and added security with hurricane shutters.Association requires 650 min credit score & $40,000 income (minimum).

Listing Details MLS# F10422878

General Property Information

Unit Floor #
2
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Living Area Main
1100
Year Built
1979
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
Northeast
Furnished
Furnished
LP/Assessed Value
1.2

Property Features

Application Information: 3-4 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Maintenance Grounds; Maintenance Structure; Recreation Facility; Roof Repairs; Sewer; Trash; Water Dining Area: Eat-In Kitchen; Family/Dining Combination Flooring: Tile Leasing Permitted Details: Okay To Lease Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Architectural Style: Other Construction Materials: Block Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Interior Features: Walk-In Closet(s) Listing Terms: Cash; Conventional Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: Number Limit Possession: Close Of Escrow Restrictions: Limited # Vehicles; Parking - No Motorcycle Security Features: None Special Information: Sold As-Is Tax Information: Homestead Exemption Utilities: Cable Available View: Garden Water Access: None Waterfront Features: Lake Front Window Features: Blinds Showing Requirements: Showing Service Outdoor Living Spaces: Balcony Balcony Details: Balcony - Screened Porch Details: Porch - Screened Concessions Detail: Other Room Types: Bedroom 2; Family Room; Laundry; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
173900

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
207
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
4803
Postal Zip
33063
Subdivision Name
PALM LAKES
Development 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
Parcel Number
484135G30470
Directions
ATLANTIC BLVD JUST WEST OF ROCK ISLAND ON THE NORTH SIDE.

Financial Information

Association YN
Yes
Association Fee
671
Association Fee Frequency
Monthly
Application Required YN
Yes
Association Phone
800-510-7787
Association Website
https://www.exclusivepm.net
Membership Fee Required YN
No
Tax Annual Amount
651
Tax Year
2023
Tax Assessed/SOH Value
144660
Tax Legal Description
PALM LAKES CONDO UNIT 207 BLDG 3 AKA PHASE #2 PER CDO BK/PG: 8555/223
Assessor Market Value
144660

Status Change Information

Major Change Timestamp
2024-04-06T02:26:36Z
Major Change Type
Status Change
Status Change Date
2024-04-15
Under Contract Date
2024-03-20
Close Date
2024-04-05
Close Price
177900
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Leasing Permitted Details

Leasing Permitted YN
Yes

Short Sale Details

Short Sale Addendum
No

Co-Ownership

Property Management YN
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Pet Details

Maximum Number Of Pets
Yes
Pet Fee YN
Yes
Pet Fee
150

Qualifying Requirements

Minimum Credit Score YN
Yes
Minimum Credit Score
650

Leasing Restrictions

Leasing - Max Times Per Year
Yes

Storm Protection

Accordian Shutters
Partial
Panel Shutters
Complete

Concessions

Seller Concessions
Yes
Seller Concessions Amount
5000

Price Calculations

Current Price To SqFt
161.73
Original List Price To Close Price
1.02

Section Details

Parcel Number MLX
0470

Originating Details

Originating System Key
578023539
Originating System ID
M00000170

Room Information

Room Name Length Width
Family Room 21.91 8.41
Master Bedroom 14.16 14.16
Bedroom 2 11.16 11.16
Laundry
IDX
Listing Office: United Realty Group, Inc
Source MLS Verified
Last Updated: August - 03 - 2026
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