7561 NW 1st Street 206, Margate, FL 33063

$170,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,100 Status: Closed
Current Price: $170,000 List Date: 1/13/2024 Last Modified: 8/03/2026

Overview

Description

LARGE 2/2 SECOND FLOOR UNIT WITH PANAROMIC WATER VIEW FROM THE ENCLOSED BALCONY. ELONGATED WIDE BALCONY , BIRDS WATCH VIEW, ACROSS FROM MAIN CLUB HOUSE, 1100 SQ FT. LIVING AREA ,18 INCH PORCELEIN TILE IN ALL LIVING AREAS AND BALCOLNY ,WASHER AND DRIER IN THE UNIT ,PASS THROUGH AND EAT IN KITCHEN WITH BREAKFAST AREA, 55+ COMMUNITY, 650 MINIMUM CREDIT SCORE, 40k INCOME, NO RENTALS IN FIRST YEAR OF OWNERSHIP, 2 LARGE SIZE POOLS, TENNIS COURT, CLUB HOUSE WITH MEETING HALL, EXERCISE ROOM, SAUNA, LIBRARY, BILLARDS 2 PETS UNDER 20 LBS, Vacant

Listing Details MLS# F10418160

General Property Information

Unit Floor #
2
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
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
4
LP/Assessed Value
1.24

Property Features

Application Information: 3-4 Weeks Approval Association Fee Includes: Common Areas; Elevator; Maintenance Structure Exterior Features: Tennis Court(s) Flooring: Ceramic Tile Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Washer Construction Materials: Block Cooling: Central Air Heating: Electric Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Size Limit Possession: Negotiable Restrictions: Other Restrictions Tax Information: Tax Reflects No Exemptions Water View: Canal Waterfront Features: Canal Front Showing Requirements: Lockbox; No Appointment; Showing Service Outdoor Living Spaces: Patio Contingencies: Backup Contract/Call LA

Contract Information

Comp Sale YN
No
Original List Price
195000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
7561
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
7538
Postal Zip
33063
Subdivision Name
Palm LAKES
Area
3633
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Parcel Number
484135G33020

Financial Information

Association YN
Yes
Association Fee
2015
Association Fee Frequency
Quarterly
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
2885
Tax Year
2023
Tax Assessed/SOH Value
144660
Tax Legal Description
PALM LAKES CONDO UNIT 206 BLDG 11 AKA PHASE #10 PER CDO BK/PG: 8555/223
Assessor Market Value
144660

Status Change Information

Major Change Timestamp
2024-04-09T02:24:45Z
Major Change Type
Status Change
Price Change Timestamp
2024-02-14T17:28:19Z
Status Change Date
2024-04-09
Under Contract Date
2024-03-14
Close Date
2024-04-08
Close Price
170000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Entry Information

Entry Level
2
Entry Location
Second Floor Entry

Co-Ownership

Property Management YN
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Pet Details

Total Weight Limit (Pets)
20

Leasing Restrictions

Leasing - Max Times Per Year
Yes

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
154.55
Original List Price To Close Price
0.87

Section Details

Parcel Number MLX
3020

Originating Details

Originating System Key
576890053
Originating System ID
M00000170
IDX
Listing Office: United Realty Group, Inc
Source MLS Verified
Last Updated: August - 03 - 2026
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