7340 Lake Circle Drive 403, Margate, FL 33063

$179,450
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,100 Status: Closed
Current Price: $179,450 List Date: 6/01/2023 Last Modified: 8/03/2026

Overview

Description

Wonderful 55+ community. Stainless steel appliances, washer and dryer IN the unit. Air conditioner is brand new, installed 5-12-23. Walk to shopping, banks, restaurants and Walgreens. A short drive to Coral Square Mall. This unit has been beautifully maintained! 650+ credit score and $40,000 minimum annual income. Vacant on combo lock box. Seller has paid assessment in full. Motivated !

Listing Details MLS# F10382629

General Property Information

Number Of Units In Community
448
Total Units In Building
32
Unit Floor #
4
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Living Area Main
1100
Year Built
1980
Gated Community YN
No
Senior Community YN
Yes
Land Lease YN
No
Outdoor Living Spaces YN
Yes
Stories Total
4
Furnished
Negotiable
LP/Assessed Value
1.69

Property Features

Application Information: Personal Interview Required Association Amenities: Maintenance Association Fee Includes: Common Areas; Elevator; Maintenance Structure Dining Area: Dining/Living Room; Eat-In Kitchen Exterior Features: Lighting; Other Flooring: Ceramic Tile; Laminate Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Central Air; Electric Heating: Central; Electric Interior Features: Walk-In Closet(s) Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Number Limit Possession: Negotiable Security Features: None Special Information: Sold As-Is Tax Information: Homestead Exemption Utilities: Cable Available Water View: Lake Showing Requirements: Call Listing Agent; Lockbox Contingencies: Financing

Contract Information

Comp Sale YN
No
Original List Price
225000

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
403
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
4877
Postal Zip
33063
Subdivision Name
PALM LAKES
Area
3633
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Parcel Number
484135G30270
Building Name
2

Financial Information

Association YN
Yes
Association Fee
1524
Association Fee Frequency
Quarterly
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
736
Tax Year
2022
Tax Assessed/SOH Value
118510
Tax Legal Description
PALM LAKES CONDO UNIT 403 BLDG 2 AKA PHASE #1 PER CDO BK/PG: 8555/223
Assessor Market Value
118510

Status Change Information

Major Change Timestamp
2024-01-05T00:14:39Z
Major Change Type
Status Change
Price Change Timestamp
2023-10-04T21:24:51Z
Status Change Date
2024-01-05
Under Contract Date
2023-11-10
Close Date
2024-01-04
Close Price
179450
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Co-Ownership

Property Management YN
No

Main Level Rooms

Main Level Bathrooms
Yes
Main Level Bedrooms
Yes

Pet Details

Maximum Number Of Pets
2
Other Pet Restrictions
2 pets under 20 pounds

Leasing Restrictions

Leasing - Max Times Per Year
Yes

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
163.14
Original List Price To Close Price
0.79

Section Details

Parcel Number MLX
0270

Originating Details

Originating System Key
567337134
Originating System ID
M00000170
IDX
Listing Office: Real Estate II Inc
Source MLS Verified
Last Updated: August - 03 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.