7431 NW 1st Street 301, Margate, FL 33063

$108,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,110 Status: Closed
Current Price: $108,000 List Date: 1/24/2020 Last Modified: 9/02/2026

Overview

Description

Welcome home to this spacious Condo in a desirable 55+ community! This home features a large master bedroom with spacious walk-in closet, tile in living areas and carpet in bedrooms. A rare corner unit in one of the most desirable buildings in the community, close to the pool and tennis courts and enjoys north/south exposure so your unit will not get as hot as those settled on east/west. Enjoy your morning coffee on your over-sized patio, the largest you will find in the local 55+ communities! Rare to find a 55+ community in the area that provides such ample square footage with a washer and dryer in your unit and pet friendly up to 2 pets under 20lbs! Association requires 650 Credit score for 1 buyer and Condo can be financed under 25% down due to great financials. Priced to sell quick!

Listing Details MLS# A10786051

General Property Information

Unit Floor #
3
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1110
Living Area Main
1110
Adjusted Area Main
1110
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; Common Areas; Elevator; Insurance; Maintenance Grounds; Maintenance Structure; Pest Control; Reserve Funds; Roof Repairs; Sewer; Trash; Water Flooring: Carpet; Tile Parking Features: Guest Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Washer Water Heater Details: Electric Water Heater Architectural Style: Other Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air Association Type: Condominium Heating: Central Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Negotiable Restrictions: Limited # Vehicles; Parking - No Trailer; Parking - No Truck Other Leasing Restrictions: Leasing Prohibited 1st 2 Years Security Features: None Utilities: Cable Available Water Access: Other Water View: Lake Waterfront Features: Lake Front Showing Requirements: Showing Service Outdoor Living Spaces: Patio Contingencies: 3rd Party Approval

Contract Information

Comp Sale YN
No
Original List Price
115000
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
301
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
7531
Postal Zip
33063
Subdivision Name
PALM LAKES CONDO
Area
3633
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Parcel Number
484135G32730
Flood Zone
X
Directions
SOUTHWEST CORNER OF ATLANTIC BLVD. & ROCK ISLAND RD.
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
446
Tax Year
2019
Tax Legal Description
PALM LAKES CONDO UNIT 301 BLDG 10 AKA PHASE #9

Status Change Information

Major Change Timestamp
2020-03-24T17:16:07Z
Major Change Type
Status Change
Price Change Timestamp
2019-12-11T19:52:38Z
Status Change Date
2020-03-24
Under Contract Date
2020-03-08
Close Date
2020-03-24
Close Price
108000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Entry Information

Entry Level
3

Parking Information

Open Parking Spaces
Yes

Ceiling Fan Details

Number Of Ceiling Fans
3

Leasing Restrictions

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

Buyer Details

Country of Origin
United States
Intended Use
Unknown/Withheld
Buyer State
Florida
Zip Code
33063

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
97.3

Section Details

Parcel Number MLX
2730

Originating Details

Originating System Key
340404393
Originating System ID
M00000151
IDX
Listing Office: Keller Williams Realty Consultants
Source MLS Verified
Last Updated: September - 02 - 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.