7340 Lake Cir Dr. 103, Margate, FL 33063

$105,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,100 Status: Closed
Current Price: $105,000 List Date: 2/04/2025 Last Modified: 8/13/2026

Overview

Description

Don't miss this must-see 2-bedroom, 2-bath condo in the highly sought-after Palm Lakes community in Margate! This ground-level unit offers convenient access and comes with one designated parking space. Enjoy the vibrant 55+ community, complete with a spacious swimming pool, clubhouse, sauna, and jacuzzi. A perfect place to call home!

Listing Details MLS# R11059011

General Property Information

Unit Floor #
Yes
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1100
Building Area Source
Appraiser
Living Area Main
1100
Year Built
1979
Gated Community YN
No
Senior Community YN
Yes
Waterfront YN
Yes
Stories Total
4
Direction Faces
East
Pool Private YN
No
Spa YN
Yes
Furnished
Unfurnished

Property Features

Electric: Three Phase Flooring: Ceramic Tile Property Condition: Resale Spa Features: Heated; In Ground Appliances: Dishwasher; Washer Construction Materials: Block; CBS; Concrete Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Closet Cabinetry; Entrance Foyer Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Breed Restrictions Possession: Close Of Escrow Restrictions: Buyer Approval Required; Parking - No RV Storm Protection Details: None Tax Information: Homestead Exemption Utilities: Cable Available Waterfront Features: Pond Contingencies: Other Additional Buyer Details: 1st Time Home Buyer Room Types: Florida Room; Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
135000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
7340
Street Name
Lake Cir Dr.
Unit Number
103
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Zip
33063
Subdivision Name
Palm Lakes
Area
3633
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Special Assessment YN
No
Parcel Number
484135G30030
Zoning
residential

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
772
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Phone
954-971-1719
Association Website
palmlakescondo@exclusivepm.net
Membership Fee Required YN
No
Tax Annual Amount
186
Tax Year
2024
Tax Legal Description
Palm Lakes Condo unit 103 BLDG 2 ALA Phase #1 Per Condo BK/PG : 8555/223

Status Change Information

Major Change Timestamp
2025-03-27T13:55:57Z
Major Change Type
Status Change
Status Change Date
2025-03-27
Under Contract Date
2025-02-27
Close Date
2025-03-26
Close Price
105000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Parking Information

Open Parking Spaces
Yes

Short Sale Details

Short Sale Addendum
No

Capital Contributions

Capital Contributions YN
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Buyer Details

Intended Use
Primary Residence

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
First
Living Room Level
First
Master Bedroom Level
First

Price Calculations

Current Price To SqFt
95.45
Original List Price To Close Price
1.28

Originating Details

Originating System Key
20250204174347850534000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level Remarks
Living Room 20.00 18.00 First Big living room
Kitchen 16.00 15.00 First gorgeous kitchen
Master Bedroom 22.00 24.00 First very welcoming
Florida Room
IDX
Listing Office: Honey One Real Estate Corp
Source MLS Verified
Last Updated: August - 13 - 2026
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