7320 Lake Circle Drive 401, Margate, FL 33063

$125,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,110 Status: Closed
Current Price: $125,000 List Date: 3/16/2021 Last Modified: 8/02/2026

Overview

Description

SPACIOUS CORNER PENTHOUSE CONDO. 2 BEDROOM 2 BATH WITH SERENE WATER VIEW FROM YOUR LARGE ENCLOSED PATIO WITH NEWER WINDOWS/FRAMES. HIGH IMPACT HURRICANE WINDOWS ON FRONT AND SIDES. WASHER AND DRYER IN UNIT. A/C FROM 2017. UPGRADED KITCHEN CABINETS. NEWER APPLIANCES. LUXURY LAMINATE WOOD FLOORING IN DINING/LIVING ROOM AND NEWER CARPET IN BEDROOMS. WALK IN CLOSET IN MASTER BEDROOM WITH CUSTOM SHELVING. ASSOCIATION STATES 55+ COMMUNITY AND MUST HAVE 650+ CREDIT SCORE. WALK TO PUBLIX, BANKS, TRANSPORTATION, WALGREENS, RESTAURANTS. PET FRIENDLY COMMUNITY ACCEPTS 2 PETS UNDER 20 LBS. COMMUNITY FEATURES 2 POOLS, TENNIS COURT, SAUNA, SHUFFLEBOARD, AND EXERCISE ROOM.

Listing Details MLS# F10275609

General Property Information

Unit Floor #
4
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Living Area Main
1110
Year Built
1980
Gated Community YN
No
Senior Community YN
Yes
Land Lease YN
No
Waterfront YN
Yes
Stories Total
4
LP/Assessed Value
1.3

Property Features

Application Information: 3-4 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Common Areas; Maintenance Grounds; Maintenance Structure; Pest Control; Recreation Facility; Trash; Water Dining Area: Dining/Living Room; Eat-In Kitchen Exterior Features: Other Flooring: Carpet; Laminate; 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: Central Air; Electric Heating: Central; Electric Interior Features: Pantry; Walk-In Closet(s) Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Breed Restrictions Possession: Negotiable Security Features: None Special Information: Sold As-Is Tax Information: Homestead Exemption Unit Description: Corner/End Unit Utilities: Cable Available Water Access: None Water View: Lake Waterfront Features: Lake Front Showing Requirements: Call Listing Agent Contingencies: Inspection

Contract Information

Comp Sale YN
No
Original List Price
134900
Occupant Type
Call Listing Agent

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
401
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
4820
Postal Zip
33063
Subdivision Name
PALM LAKES
Area
3633
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Parcel Number
484135G30570
Directions
ROCK ISLAND ROAD SOUTH OF ATLANTIC TO ENTRANCE JUST AFTER PUBLIX ON RIGHT HAND SIDE. MAKE RIGHT. FOLLOW AROUND TO BLDG. #3.

Financial Information

Association YN
Yes
Association Fee
1134
Association Fee Frequency
Quarterly
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
1341
Tax Year
2020
Tax Assessed/SOH Value
103960
Tax Legal Description
PALM LAKES CONDO UNIT 401 BLDG 3 AKA PHASE #2 PER CDO BK/PG: 8555/223
Assessor Market Value
103960

Status Change Information

Major Change Timestamp
2021-05-19T04:54:42Z
Major Change Type
Status Change
Status Change Date
2021-05-18
Under Contract Date
2021-04-19
Close Date
2021-05-18
Close Price
125000
Buyer Financing
Cash

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

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

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
112.61
Original List Price To Close Price
0.92

Section Details

Parcel Number MLX
0570

Originating Details

Originating System Key
541287741
Originating System ID
M00000170
IDX
Listing Office: Real Estate II Inc
Source MLS Verified
Last Updated: August - 02 - 2026
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