7320 Lake Circle Drive 301, Margate, FL 33063

$105,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,298 Status: Closed
Current Price: $105,000 List Date: 9/30/2019 Last Modified: 8/02/2026

Overview

Description

Best price in the Palm Lakes complex for a 2 bedroom 2 bath! Impact windows on all openings except the patio. Eat in kitchen with an window in the breakfast area. Both bathrooms have windows as this is a corner condo. Full size stack washer and dryer. Foyer entry. Great floorplan. Master bedroom has a slider to the patio area and a large walk in closet. Pet friendly building 2 pets allowed up to 20 pounds each. Short Walk to everything location including Publix, CVS, Walgreens, bank, and restaurants. Plenty of guest parking, 2 heated pools, exercise room, tennis, BBQ area, clubhouse, spa, cable with HBO. Association says 55+ and a 650+ credit score please.

Supplements: Floorplan plus Application, rules etc. attached.

Listing Details MLS# F10197035

General Property Information

Number Of Units In Community
448
Total Units In Building
32
Unit Floor #
3
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1298
Living Area Main
1110
Year Built
1980
Senior Community YN
Yes
Land Lease YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
4
Stories
11
Direction Faces
East
Builder Model
Corner
Furnished
Unfurnished
LP/Assessed Value
1.28

Property Features

Application Information: 3-4 Weeks Approval Association Amenities: Maintenance; Security Association Fee Includes: Common Areas; Elevator; Maintenance Grounds; Maintenance Structure; Pest Control; Pool Service; Recreation Facility; Sewer; Trash; Water Dining Area: Breakfast Area; Dining/Living Room; Eat-In Kitchen Exterior Features: Barbecue; Lighting; Tennis Court(s) Flooring: Carpet; Ceramic Tile Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Refrigerator; Washer Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air Heating: Central Interior Features: Bedroom Layout - Split; Entrance Foyer; Pantry; Walk-In Closet(s) Listing Terms: Cash; Conventional Main Living Area: Entry Level Pets Allowed YN: Yes Possession: Negotiable Restrictions: Parking - No Motorcycle; Parking - No Trailer Security Features: Security Patrol Special Information: Sold As-Is Tax Information: Homestead Exemption Unit Description: Corner/End Unit; Garden Apartment Utilities: Cable Available View: Garden Water Access: None Water View: Lake Waterfront Features: Lake Front Window Features: Blinds; Sliding Showing Requirements: Showing Service Outdoor Living Spaces: Glass Enclosed; Porch Contingencies: None Room Types: Bedroom 2; Florida Room; Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
125000
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
301
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
4819
Postal Zip
33063
Subdivision Name
Palm Lakes
Development Name
Palm Lakes Condo
Area
3633
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Parcel Number
484135G30490
Directions
Atlantic Blvd. west to Rock Island Road then south to first entrance just south of the Publix shopping center.Go to the back of the complex and building 3 will be towards the right. Park in a guest space.
Building Name
3

Financial Information

Association YN
Yes
Association Fee
358
Association Fee Frequency
Monthly
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
439
Tax Year
2018
Tax Assessed/SOH Value
85700
Tax Legal Description
PALM LAKES CONDO UNIT 301 BLDG 3 AKA PHASE #2
Assessor Market Value
85700

Status Change Information

Major Change Timestamp
2020-03-20T16:07:10Z
Major Change Type
Status Change
Price Change Timestamp
2020-01-26T16:19:26Z
Status Change Date
2020-03-23
Under Contract Date
2020-01-31
Close Date
2020-03-20
Close Price
105000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Short Sale Details

Short Sale Addendum
No

Co-Ownership

Property Management YN
No

Ceiling Fan Details

Number Of Ceiling Fans
3

Qualifying Requirements

Minimum % Down
25
Minimum % Down Required By
Lender
Minimum Credit Score YN
Yes
Minimum Credit Score
650

Leasing Restrictions

Leasing - Max Times Per Year
Yes

Storm Protection

Impact Glass
Yes

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
94.59
Original List Price To Close Price
0.84

Section Details

Parcel Number MLX
0490

Originating Details

Originating System Key
517562037
Originating System ID
M00000170

Room Information

Room Name Length Width
Florida Room 22.00 8.00
Kitchen 10.00 13.00
Living Room 23.00 14.00
Master Bedroom 14.00 14.00
Bedroom 2 12.00 11.00
IDX
Listing Office: Atlantic Properties Int'l Inc
Source MLS Verified
Last Updated: August - 02 - 2026
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