7561 NW 1st Street 308, Margate, FL 33063

$185,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,110 Status: Closed
Current Price: $185,000 List Date: 2/17/2022 Last Modified: 8/02/2026

Overview

Description

Stunning recently updated corner unit with amazing peaceful views in desirable 55+ community of Palm Lakes. This 2bed/2bath unit is 1,100 sq ft with a gorgeous modern brand-new kitchen, new paint, all tile floors, new washer/dryer, & a spacious living room & big master bedroom. Enjoy lounging on your large private enclosed patio looking out at the lake every day. Top community that great amenities (gym, library, tennis, pools). Hoa has required credit score for approval. Come see will go fast!!

Listing Details MLS# F10318865

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
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
1.82

Property Features

Application Information: 3-4 Weeks Approval Association Fee Includes: Common Areas; Trash Flooring: Tile Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Construction Materials: Block Cooling: Central Air Heating: Central Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Breed Restrictions Possession: Negotiable Restrictions: Other Restrictions Security Features: Other Tax Information: Homestead Exemption Unit Description: Corner/End Unit; Patio/Cluster View: Water Water Access: Other Water View: Lake Waterfront Features: Lake Front Showing Requirements: Appointment Only Outdoor Living Spaces: Balcony Balcony Details: Balcony - Screened Porch Details: Porch - Screened Contingencies: Inspection

Contract Information

Comp Sale YN
No
Original List Price
189999

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
308
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
7540
Postal Zip
33063
Subdivision Name
PALM LAKES CONDO
Development Name
PALM LAKES CONDO
Area
3633
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Parcel Number
484135G33120
Directions
Google Maps

Financial Information

Association YN
Yes
Association Fee
1133
Association Fee Frequency
Quarterly
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
2590
Tax Year
2021
Tax Assessed/SOH Value
104640
Tax Legal Description
PALM LAKES CONDO UNIT 308 BLDG 11 AKA PHASE #10 PER CDO BK/PG: 8555/223
Assessor Market Value
104640

Status Change Information

Major Change Timestamp
2022-04-14T22:05:57Z
Major Change Type
Status Change
Status Change Date
2022-04-18
Under Contract Date
2022-02-28
Close Date
2022-04-14
Close Price
185000
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

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

Pet Fee YN
Yes
Pet Fee
100

Leasing Restrictions

Leasing - Max Times Per Year
Yes

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
166.67
Original List Price To Close Price
0.97

Section Details

Parcel Number MLX
3120

Originating Details

Originating System Key
551369661
Originating System ID
M00000170
IDX
Listing Office: No Limit Real Estate
Source MLS Verified
Last Updated: August - 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.