7340 Lake Cir Drive 107, Margate, FL 33063

$85,000

Virtual Tour

http://vt.realbiz360.com/MLS-2052905.html

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,100 Status: Closed

Current Price: $85,000 List Date: 8/28/2016 Last Modified: 7/08/2026

Overview

Description

Gated private garden entrance. As you enter there is a foyer that has a coat closet. Master Bedroom has a large walk in closet. Walk in shower, Sliding glass doors onto a large patio that overlooks a green space. Electric stove and refrigerator are new, eat in kitchen. Condo has a washer and dryer and pets are allowed up to 20 pounds. Two pets allowed. Association has over 10% in reserves. This will not last.

Listing Details MLS# R10262617

General Property Information

Number Of Units In Community: 448
Unit Floor #: Yes
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1100
Building Area Source: Public Records
Living Area Main: 1100
Year Built: 1980
Senior Community YN: Yes
Stories Total: 4
Direction Faces: East
Pool Private YN: No
Furnished: Partially

Property Features

Association Fee Includes: Cable TV; Common Areas; Elevator; Insurance; Maintenance Grounds; Pest Control; Water Dining Area: Dining/Living Room Exterior Features: Tennis Court(s) Flooring: Carpet Parking Features: Assigned; Guest; Open Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Refrigerator; Washer Construction Materials: CBS Cooling: Central Air; Electric Association Type: Condominium Heating: Central; Electric Interior Features: Bar; Entrance Foyer; Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Size Limit Pool Features: Heated Possession: Negotiable Restrictions: Parking - No Motorcycle; Parking - No RV Other Leasing Restrictions: Leasing Prohibited 1st Year Security Features: None Sewer: Public Sewer Special Information: Sold As-Is Tax Information: Homestead Exemption Unit Description: Garden Apartment Utilities: Cable Available; Sewer Available; Water Available View: Garden; Golf Course Water Access: None Water Source: Public Window Features: Blinds Showing Requirements: Appointment Only; Occupied; Schedule Online; Text Listing Agent Contingencies: Inspection Room Types: Bedroom 2; Kitchen; Laundry; Living Room; Master Bedroom

Contract Information

Comp Sale YN: No
Original List Price: 89000

Location and Legal

County Or Parish: Broward
County Parish Name: Broward
Street Number: 7340
Street Name: Lake Cir
Street Suffix: Drive
Unit Number: 107
City Name: Margate
State Or Province: FL
Postal Code: 33063
Postal Zip: 33063
Subdivision Name: PALM LAKES CONDO
Development Name: PALM LAKES
Area: 3633
Geographic Area: NW41 - North Broward 441 To Everglades (3611-3642)
Special Assessment YN: No
Parcel Number: 484135g30070
Zoning: res
Directions: Atlantic Blvd. west of Rock Island on the south side of the street.

Financial Information

Association YN: Yes
Association Fee: 358.33
Association Fee Frequency: Monthly
Association Membership: Mandatory
Application Required YN: Yes
Membership Fee Required YN: No
Tax Annual Amount: 763
Tax Year: 2015
Tax Legal Description: PALM LAKES CONDO UNIT 107 BLDG 2 AKA PHASE #1

Status Change Information

Major Change Timestamp: 2016-11-14T19:39:03Z
Major Change Type: Status Change
Status Change Date: 2016-11-14
Under Contract Date: 2016-09-11
Close Date: 2016-10-17
Close Price: 85000
Buyer Financing: Cash

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 100

Entry Information

Entry Location: Entry Level Living Area Y

Short Sale Details

Short Sale Addendum: No

Leasing Restrictions

Leasing - Max Times Per Year: Yes
Leasing - Minimum Number of Days: 365

Buyer Details

Country of Origin: United States

Room Types

Bedroom 2 Level: First
Kitchen Level: First
Living Room Level: First
Master Bedroom Level: First

Price Calculations

Current Price To SqFt: 77.27
Original List Price To Close Price: 1.04

Originating Details

Originating System Key: 20160828180456052048000000
Originating System ID: M00000170

Room Information

Room Name	Length	Width	Level
Living Room	24.00	15.00	First
Kitchen	13.00	10.00	First
Master Bedroom	16.00	14.00	First
Bedroom 2	13.00	12.00	First
Laundry

Listing Office: Xcellence

Last Updated: July - 08 - 2026

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7340 Lake Cir Drive 107, Margate, FL 33063 (MLS# R10262617)