7340 Lake Circle Drive 101, Margate, FL 33063

$140,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,110 Status: Closed
Current Price: $140,000 List Date: 12/01/2022 Last Modified: 9/09/2026

Overview

Description

Spacious 2-bedroom 2-bath ground floor corner unit. Washer and dryer in the unit. Accordion shutters on all windows. Over 1100 square feet. Large, oversized screened patio. NEEDS Updating! Make it your own taste! TWO pools, management office, gym, tennis courts, Publix, Walgreens, public transportation, Turnpike and I-95. Association claims 55+. Small pets OK. 650+ credit required. No rent 1st year of ownership. Assigned parking + plenty of guest parking.

Listing Details MLS# F10358476

General Property Information

Unit Floor #
Yes
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
Stories Total
4
Direction Faces
East
Furnished
Unfurnished

Property Features

Application Information: Other Approvals Association Fee Includes: Common Areas; Elevator; Maintenance Structure; Pool Service; Recreation Facility; Trash; Water Dining Area: Dining/Living Room; Eat-In Kitchen; Family/Dining Combination Exterior Features: Other Flooring: Carpet; Tile Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Washer; Water Heater; Other Water Heater Details: Electric Water Heater Architectural Style: Other Construction Materials: Block; CBS Cooling: Electric; Other Heating: Central; Other Interior Features: Other Listing Terms: Other Main Living Area: Entry Level Other Equipment: Other Pets Allowed YN: Yes Possession: Negotiable; Other Restrictions: Other Restrictions Security Features: Other Special Information: Sold As-Is Storm Protection Details: Storm Shutters Tax Information: Homestead Exemption Unit Description: Corner/End Unit Utilities: Cable Available View: Garden Window Features: Sliding Showing Requirements: Call Listing Agent; Lockbox; Showing Service Contingencies: None

Contract Information

Comp Sale YN
No
Original List Price
174900
Occupant Type
Vacant

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
7340
Street Name
Lake Circle
Street Suffix
Drive
Unit Number
101
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
4804
Postal Zip
33063
Subdivision Name
Palm Lakes Condo
Development Name
Palm Lakes Condo
Area
3633
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Parcel Number
484135G30010
Directions
Atlantic Blvd Just west of Rock Island to Bldg 7340 Unit 101

Financial Information

Association YN
Yes
Association Fee
386
Association Fee Frequency
Monthly
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
699
Tax Year
2021
Tax Legal Description
PALM LAKES CONDO UNIT 101 BLDG 2 AKA PHASE #1 PER CDO BK/PG: 8555/223

Status Change Information

Major Change Timestamp
2023-01-28T00:01:17Z
Major Change Type
Status Change
Status Change Date
2023-02-08
Under Contract Date
2023-01-12
Close Date
2023-01-27
Close Price
140000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

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

Storm Protection

Accordian Shutters
Complete
Roll-Down Shutters
Complete

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
126.13
Original List Price To Close Price
0.8

Originating Details

Originating System Key
561366519
Originating System ID
M00000170
IDX
Listing Office: CENTURY 21 Tenace Realty
Source MLS Verified
Last Updated: September - 09 - 2026
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