7561 NW 1st Street 304, Margate, FL 33063

$130,000
Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 960 Status: Closed
Current Price: $130,000 List Date: 8/19/2023 Last Modified: 8/30/2026

Overview

Description

Welcome home to this spacious Condo in the desirable 55+ community Palm Lakes! Situated in one of the community's best buildings with N/S exposure & close to pool & tennis. Enjoy your morning coffee on your oversized Hurricane window enclosed patio, a $15k+ upgrade for your peace of mind! Featuring 2 full bathrooms, large main suite w/walk-in closet, eat-in kitchen & ample storage & storage locker on floor. Primed for your updates and upgrades, renovate to make it your own! Enjoy clubhouse w/ theater, tennis, heated pools, billiards, gym & library. Walk to shopping & restaurants. Washer & dryer in unit & pet friendly up to 2 pets <20lbs. Association requires 650 credit score for ALL buyers now. Condo may be financed under 25% down, can also go VA w/ waiver. 1 yr wait before renting.

Listing Details MLS# A11430796

General Property Information

Unit Floor #
3
Property Sub Type
Condominium
Bedrooms Total
Yes
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
960
Living Area Main
960
Adjusted Area Main
960
Year Built
1980
Senior Community YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
4

Property Features

Application Information: 3-4 Weeks Approval; Personal Interview Required Association Amenities: Maintenance Association Fee Includes: Cable TV; Common Areas; Elevator; Insurance; Legal/Accounting; Maintenance Grounds; Maintenance Structure; Pest Control; Reserve Funds; Roof Repairs; Sewer; Trash; Water Flooring: Ceramic Tile; Tile Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Washer Architectural Style: Other Construction Materials: Block; CBS Cooling: Ceiling Fan(s); Central Air Association Type: Condominium Heating: Central Interior Features: Pantry; Walk-In Closet(s) Listing Terms: Cash; Conventional; VA Loan Pets Allowed YN: Yes Possession: Negotiable Restrictions: Parking - No Motorcycle; Parking - No RV; Parking - No Trailer; Parking - No Truck Other Leasing Restrictions: Leasing Prohibited 1st 2 Years Security Features: None Special Information: Handyman Special Unit Description: Exterior Catwalk Utilities: Cable Available View: Garden; Other Showing Requirements: Showing Service Outdoor Living Spaces: Patio Contingencies: 3rd Party Approval

Contract Information

Comp Sale YN
No
Original List Price
130000
Occupant Type
Owner

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
304
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
7539
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
484135G33080
Flood Zone
X
Directions
Use Google Maps

Financial Information

Association YN
Yes
Association Fee
463
Association Fee Frequency
Monthly
Application Required YN
Yes
Estimated Monthly Assoc Recurring Fee
463
Membership Fee Required YN
No
Tax Annual Amount
556
Tax Year
2023
Tax Legal Description
PALM LAKES CONDO UNIT 304 BLDG 11 AKA PHASE #10 PER CDO BK/PG: 8555/223

Status Change Information

Major Change Timestamp
2023-09-29T04:54:03Z
Major Change Type
Status Change
Price Change Timestamp
2023-08-04T19:54:33Z
Status Change Date
2023-09-28
Under Contract Date
2023-08-24
Close Date
2023-09-28
Close Price
130000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Entry Information

Entry Level
3

Parking Information

Open Parking Spaces
Yes

Leasing Restrictions

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

Storm Protection

Impact Glass
Partial

Buyer Details

Country of Origin
United States
Intended Use
Primary Residence
Buyer State
Florida
Zip Code
33063

Concessions

Seller Concessions
Yes
Seller Concessions Amount
1350

Price Calculations

Current Price To SqFt
135.42

Section Details

Parcel Number MLX
3080

Originating Details

Originating System Key
384846573
Originating System ID
M00000151
IDX
Listing Office: Realty 100
Source MLS Verified
Last Updated: August - 30 - 2026
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