7431 NW 1st Street 206, Margate, FL 33063

$117,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,100 Status: Closed
Current Price: $117,000 List Date: 5/04/2021 Last Modified: 8/31/2026

Overview

Description

Welcome home to this spacious condo in a pet-friendly community! *OWNER CAN HELP ADDRESS SOME UPDATE REQUESTS DEPENDING ON OFFER PRICE* HIGHER HOME TAXES REFLECT NO HOMESTEAD*Enjoy water & garden views from your large enclosed patio with oversized windows. Features large rooms, walk-in closet, newer stainless appliances & new 40 gal water heater! Enjoy the convenience of washer/dryer in unit, unlike many 55+ condos. The community features two pools, tennis courts, club house with amenities! Rare-find 55+ community in the area that allows TWO Pets up to 20lbs each and provides such ample square footage for a 2 Bedroom! Association represents as 55+ and requires one owner to have a 650 or more credit score.THIS CONDO HAS WHAT IS NEEDED TO FUND UNDER 25% down, as low as 3% if you qualify!

Listing Details MLS# A11037475

General Property Information

Number Of Units In Community
448
Total Units In Building
32
Unit Floor #
2
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
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
4
Direction Faces
South

Property Features

Application Information: 3-4 Weeks Approval; Personal Interview Required Association Amenities: Maintenance Association Fee Includes: Cable TV; Elevator; Maintenance Grounds; Pest Control; Pool Service; Recreation Facility; Reserve Funds; Roof Repairs; Sewer; Trash; Water Exterior Features: Lighting Flooring: Carpet; Tile Parking Features: Guest Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Refrigerator; Washer Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air Association Type: Condominium Heating: Electric Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Negotiable Restrictions: Parking - No RV; Parking - No Trailer; Parking - No Truck Other Leasing Restrictions: Leasing Prohibited 1st 2 Years Security Features: None Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions View: Garden Water Access: Other Waterfront Features: Pond Showing Requirements: Showing Service Outdoor Living Spaces: Patio Contingencies: 3rd Party Approval

Contract Information

Comp Sale YN
No
Original List Price
121900
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
206
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
7530
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
Parcel Number
484135G32700
Flood Zone
X
Building Name
10

Financial Information

Association YN
Yes
Association Fee
1125
Association Fee Frequency
Quarterly
Application Required YN
Yes
Estimated Monthly Assoc Recurring Fee
375
Membership Fee Required YN
No
Tax Annual Amount
2415
Tax Year
2020
Tax Legal Description
PALM LAKES CONDO UNIT 206 BLDG 10 AKA PHASE #9 PER CDO BK/PG: 8555/223

Status Change Information

Major Change Timestamp
2021-07-16T21:29:38Z
Major Change Type
Status Change
Price Change Timestamp
2021-05-22T16:00:20Z
Status Change Date
2021-07-19
Under Contract Date
2021-06-08
Close Date
2021-07-16
Close Price
117000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Entry Information

Entry Level
2

Parking Information

Open Parking Spaces
Yes
Parking Space Number
12

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
120

Buyer Details

Intended Use
Primary Residence
Buyer State
Florida
Zip Code
33063

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
106.36

Section Details

Parcel Number MLX
2700

Originating Details

Originating System Key
358472256
Originating System ID
M00000151
IDX
Listing Office: Realty 100
Source MLS Verified
Last Updated: August - 31 - 2026
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