7431 NW 1st Street 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: 7/11/2025 Last Modified: 8/28/2026

Overview

Description

AMAZING DEAL! PRICE REDUCED. Welcome home to this spacious ground floor 2 bedroom, 2 bath split floor plan condo in the 55+ community of Palm Lakes. Brand new a/c and hot water, washer and dryer in unit, eat in kitchen, primary bedroom with walk in closet and access to oversized screened in porch with roll down shutters. Walk to one of two pools, bbq pavilion, and tennis courts, park right outside your fenced landscaped front patio. Furnishings can remain. Ready for new owner to add their personal touches, and make it their own. SPECIAL ASSESSMENT PAID IN FULL. Association requires minimum credit score of 650, and income of $40k. No renting fist year, pet friendly, 2 dogs less than 20 lbs. No residents under 18. See attachments, easy to show.

Listing Details MLS# A11847867

General Property Information

Unit Floor #
Yes
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1100
Living Area Main
1100
Adjusted Area Main
1100
Year Built
1980
Senior Community YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
4
Stories
Yes
Direction Faces
South

Property Features

Application Information: 3-4 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Cable TV; Common Areas; Elevator; Maintenance Grounds; Maintenance Structure; Pool Service; Recreation Facility; Sewer; Trash; Water Dining Area: Dining/Living Room; Eat-In Kitchen; Snack Bar/Counter Flooring: Other Leasing Permitted Details: Okay To Lease With Restrictions Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dryer; Electric Range; Refrigerator; Washer Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Central Air; Electric Association Type: Condominium Heating: Central; Electric Listing Terms: Cash; Conventional Main Living Area: Entry Level Pets Allowed YN: Yes Possession: Close Of Escrow; Negotiable Restrictions: Parking - No RV Security Features: None Special Information: Handyman Special; Sold As-Is Unit Description: Garden Apartment Utilities: Cable Available View: Garden Window Features: Blinds Showing Requirements: Showing Service Outdoor Living Spaces: Porch Porch Details: Porch - Screened Contingencies: Inspection

Contract Information

Comp Sale YN
No
Original List Price
135000
Occupant Type
Vacant

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
7431
Street Direction Prefix
NW
Street Name
1st
Street Suffix
Street
Unit Number
103
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
7528
Postal Zip
33063
Subdivision Name
PALM LAKES CONDO
Area
3633
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Elementary School
Morrow
Middle Or Junior School
Silver Lakes
High School
Coconut Creek
Special Assessment YN
No
Parcel Number
484135G32590
Flood Zone
X
Directions
ROCK ISLAND RD, SOUTH OF ATLANTIC BLVD, TO NW 1ST ST, GO WEST ON 1ST ST TO BUIDING 10, 7431, PARK IN SPACE 38, UNIT IS 103
Building Name
10

Financial Information

Association YN
Yes
Association Fee
2294
Association Fee Frequency
Quarterly
Application Required YN
Yes
Estimated Monthly Assoc Recurring Fee
765
Membership Fee Required YN
No
Tax Annual Amount
3419
Tax Year
2024
Tax Legal Description
PALM LAKES CONDO UNIT 103 BLDG 10 AKA PHASE #9 PER CDO BK/PG: 8555/223

Status Change Information

Major Change Timestamp
2025-11-21T23:49:49Z
Major Change Type
Status Change
Price Change Timestamp
2025-09-17T17:00:57Z
Status Change Date
2025-12-04
Under Contract Date
2025-10-21
Close Date
2025-11-21
Close Price
105000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Entry Information

Entry Level
Yes

Leasing Permitted Details

Leasing Permitted YN
Yes

Parking Information

Parking Space Number
Yes

Short Sale Details

Short Sale Addendum
No

Leasing Restrictions

Leasing - Max Times Per Year
2
Leasing - Minimum Number of Days
365

Buyer Details

Intended Use
Primary Residence

Concessions

Seller Concessions
No

Section Details

Parcel Number MLX
2590

Originating Details

Originating System Key
418499916
Originating System ID
M00000151
IDX
Listing Office: United Realty Group Inc
Source MLS Verified
Last Updated: August - 28 - 2026
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