Margate, FL 33063

$97,500
Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 960 Status: Closed
Current Price: $97,500 List Date: 12/22/2025 Last Modified: 8/17/2026

Overview

Description

Spacious 1 bedroom/2 bath condo, penthouse, furnished. 55+ community. Completely renovated, laminate floor. Eat-in kitchen with granite countertops Large master bedroom with walk in closet, beautiful lake view. Convenient location, close to supermarket, pharmacy, restaurants. Complex includes two swimming pools, clubhouse, tennis, gym, library and billiard. Passed Milestone. Roof assessment paid fully by owner.Washer/dryer in unit. Pet friendly 2 pets<20 lbs each. Credit score 650+ for all buyers Income 40K+1 assigned parking and guest parking. Fully furnished.Please call listing agent for showing. 24 hours notice. Tenant occupied

Listing Details MLS# F10537818

General Property Information

Unit Floor #
4
Property Sub Type
Condominium
Bedrooms Total
Yes
Bathrooms Total
2
Bathrooms Full
Yes
Bathrooms Half
Yes
Living Area Main
960
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
Furnished
Furnished
LP/Assessed Value
1.22

Property Features

Accessibility Features: Accessible Elevator Installed Application Information: Personal Interview Required Association Fee Includes: Common Areas; Elevator; Hot Water; Insurance; Maintenance Grounds; Pest Control; Pool Service; Reserve Funds; Roof Repairs; Sewer; Water Dining Area: Eat-In Kitchen Flooring: Laminate Parking Features: Assigned Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: None; Other Association Type: Homeowner Association Heating: Central; Electric Interior Features: Storage Laundry Features: Washer Hookup; Dryer Hookup Listing Terms: Conventional Pets Allowed YN: Yes Pets Allowed: Number Limit Possession: Close Of Escrow Restrictions: Other Restrictions; Parking - No Motorcycle; Parking - No RV; Parking - No Trailer; Parking - No Truck Security Features: None Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions Water Access: None Water View: Lake Waterfront Features: Lake Front Showing Requirements: 24 Hour Notice; Call Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Screened Porch Details: Porch - Screened Contingencies: 3rd Party Approval

Contract Information

Comp Sale YN
No
Original List Price
129900

Location and Legal

County Or Parish
Broward
County Parish Name
Broward
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Zip
33063
Subdivision Name
Palm Lakes condo
Development Name
Palm Lakes Condo
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Directions
From I-95 go West on Atlantic Blvd, south on Rock Island Rd, first turn right to building #6
Building Name
6

Financial Information

Association YN
Yes
Association Deposit YN
Yes
Association Fee
698
Association Fee Frequency
Monthly
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
2370
Tax Year
2025
Tax Assessed/SOH Value
106820
Tax Legal Description
Palm Lakes condo unit 404 Bldg 6 AKA Phase#5 per cdo BK/PG:8555/223
Assessor Market Value
116010

Status Change Information

Major Change Timestamp
2026-02-17T05:00:00Z
Major Change Type
Status Change
Status Change Date
2026-02-17
Under Contract Date
2026-01-21
Close Date
2026-02-17
Close Price
97500
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Entry Information

Entry Level
Yes
Entry Location
First Floor Entry

Co-Ownership

Property Management YN
No

Main Level Rooms

Main Level Bathrooms
Yes
Main Level Bedrooms
Yes

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
101.56
Original List Price To Close Price
0.75

Originating Details

Originating System Key
606838497
Originating System ID
M00000170
IDX
Listing Office: United Realty Group Inc
Source MLS Verified
Last Updated: August - 17 - 2026
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