7431 NW 1st Street 308, Margate, FL 33063

$165,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,110 Status: Closed
Current Price: $165,000 List Date: 3/23/2022 Last Modified: 8/02/2026

Overview

Description

LARGE 2/2 CORNER UNIT WITH EXTRA WNDOW, WASHER AND DRIER IN THE UNIT IN An ACTIVE 55+ COMMUNITY, SPACIAOUS KITCHEN WITH BREAK FAST AREA AND WINDOW, PANORAMIC WATER VIEW FROM ENCLOSED PATIO WITH WROLUP SHUTERS, WALK IN CLOSET IN THE MASTER BEDROOM 2 HEATED POOL LARGE CLUB HOUSE BARBEQE AREA GYM, LIBRARY, TENNIS COURT. PET FRIENDLY COMMUNITY ALLOW TWO SMALL PET TOTAL UNDER 20 LBS, BASIC CABLE AND PEST SERVICE INCUDED IN THE MONTHLY ASSOCIATION FEE 650 MINIMUM CREDT SCORE

Listing Details MLS# F10323595

General Property Information

Total Units In Building
32
Unit Floor #
3
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
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
4
Direction Faces
South
LP/Assessed Value
1.62

Property Features

Application Information: 3-4 Weeks Approval; Personal Interview Required Association Fee Includes: Common Areas; Elevator; Maintenance Structure; Pest Control; Pool Service; Recreation Facility; Roof Repairs; Sewer; Trash; Water Dining Area: Dining/Living Room; Eat-In Kitchen Exterior Features: Lighting Flooring: Ceramic Tile Parking Features: Assigned Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: Block Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Interior Features: Elevator; Walk-In Closet(s) Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Number Limit Possession: Negotiable Restrictions: Parking - No Trailer Security Features: Smoke Detector(s); None Special Information: Sold As-Is; Disclosure Tax Information: Tax Reflects No Exemptions Unit Description: Corner/End Unit Water Access: None Water View: Lake Waterfront Features: Lake Front Window Features: Blinds Showing Requirements: Appointment Only Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Screened Porch Details: Porch - Screened Contingencies: Backup Contract/Call LA

Contract Information

Comp Sale YN
No
Original List Price
170000

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
308
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
7532
Postal Zip
33063
Subdivision Name
palm lakes
Development Name
palm lakes
Area
3633
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Parcel Number
484135G32800
Directions
Just south of Atlantic Blvd. and west side of rock Island Road
Building Name
10

Financial Information

Association YN
Yes
Association Fee
1200
Association Fee Frequency
Quarterly
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
2546
Tax Year
2021
Tax Assessed/SOH Value
104640
Tax Legal Description
PALM LAKES CONDO UNIT 308 BLDG 10 AKA PHASE #9 PER CDO BK/PG: 8555/223
Assessor Market Value
104640

Status Change Information

Major Change Timestamp
2022-05-06T23:05:32Z
Major Change Type
Status Change
Status Change Date
2022-05-07
Under Contract Date
2022-03-29
Close Date
2022-05-06
Close Price
165000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Entry Information

Entry Level
3
Entry Location
Third Floor Entry,Elevator,Walk-In Closets

Short Sale Details

Short Sale Addendum
No

Co-Ownership

Property Management YN
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Pet Details

Maximum Number Of Pets
2

Qualifying Requirements

Minimum Credit Score YN
Yes
Minimum Credit Score
650

Leasing Restrictions

Leasing - Max Times Per Year
Yes

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
148.65
Original List Price To Close Price
0.97

Section Details

Parcel Number MLX
2800

Originating Details

Originating System Key
552759750
Originating System ID
M00000170
IDX
Listing Office: United Realty Group, Inc
Source MLS Verified
Last Updated: August - 02 - 2026
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