7320 Lake Circle Drive 101, Margate, FL 33063

$159,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,100 Status: Active
Current Price: $159,000 List Date: 7/25/2025 Last Modified: 9/09/2026

Overview

Description

Bright, Spacious, Ground Floor, Corner Unit in the Peaceful Community of Palm Lakes. New Front Door Coming Soon! New Washer & Dryer. New Luxury Vinyl Plank in Kitchen & Bathrooms, and New Carpet in Living/Dining Area & Both Bedrooms. Split Floor Plan. Primary has Walk in Closet & Access to Oversized Screened Balcony. Storage Area, Mailbox & Clubhouse Steps Away. Heated Pool, Pickleball, Shuffleboard, Sauna, Fitness room, Billiards, & BBQ Pavilion. Close to Public Transportation, Banks, and Publix is Just Steps Away. 2 Pets (Dogs, Cats or Birds) Max 20 lbs Each. No Leasing 1st Year Owned; Then Minimum 90 days, 2 Times a Year. No Trucks, Boats, Trailers or Campers and At Least 1 Occupant Must Be 55. Minimum Credit Score 650 - Minimum Income Requirement $40,000. Dishwasher Does Not Work.

Listing Details MLS# F10514198

General Property Information

Unit Floor #
Yes
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1100
Living Area Main
1100
Year Built
1979
Parking Total
21
Gated Community YN
No
Senior Community YN
Yes
Land Lease YN
No
Outdoor Living Spaces YN
Yes
Stories Total
4
Stories
11
Direction Faces
Northeast
Furnished
Unfurnished
LP/Assessed Value
0.94

Property Features

Application Information: 3-4 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Maintenance Grounds; Maintenance Structure; Pool Service; Recreation Facility; Reserve Funds; Sewer; Trash; Water Dining Area: Dining/Living Room; Eat-In Kitchen Flooring: Carpet; Vinyl Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Central Air; Electric Heating: Central; Electric Interior Features: Bedroom Layout - Split Listing Terms: Cash; Conventional Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: Breed Restrictions; Number Limit; Size Limit Possession: Negotiable Restrictions: Parking - No Trailer Security Features: Smoke Detector(s); Other Special Information: Sold As-Is Tax Information: City/County; Homestead Exemption Unit Description: Corner/End Unit Utilities: Cable Available View: Other Window Features: Single Hung Metal Showing Requirements: Appointment Only; Showing Service Outdoor Living Spaces: Porch Porch Details: Porch - Screened Room Types: Bedroom 2; Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
181000
Occupant Type
Vacant

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
7320
Street Name
Lake Circle
Street Suffix
Drive
Unit Number
101
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
4801
Postal Zip
33063
Subdivision Name
Palm Lakes
Development Name
Palm Lakes
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
484135G30330
Directions
North Rock Island Rd. Turn West into Palm Lakes Community. 7320 Building #3
Building Name
3

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
2316
Association Fee Frequency
Quarterly
Application Required YN
Yes
Association Phone
954-971-1719
Association Website
www.palmlakescoa.com
Membership Fee Required YN
No
Tax Annual Amount
3482
Tax Year
2024
Tax Assessed/SOH Value
169540
Tax Legal Description
PALM LAKES CONDO UNIT 101 BLDG 3 AKA PHASE #2 PER CDO BK/PG: 8555/223
Assessor Market Value
169540

Status Change Information

Major Change Timestamp
2026-04-27T13:00:28Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-04-27T13:00:28Z
Status Change Date
2025-07-25

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Auction Terms

Online
No
LP is the required deposit to bid on property
No
Pre-Auction
No

Entry Information

Entry Level
Yes
Entry Location
First Floor Entry,Split Bedroom

Parking Information

Open Parking Spaces
Yes
Parking Space Number
21

Short Sale Details

Short Sale Addendum
No

Boat and Dock Information

Dock
Yes

Capital Contributions

Capital Contributions YN
No

Co-Ownership

Property Management YN
No

Ceiling Fan Details

Number Of Ceiling Fans
Yes

Main Level Rooms

Main Level Bathrooms
Yes
Main Level Bedrooms
Yes

Pet Details

Maximum Number Of Pets
2
Total Weight Limit (Pets)
20

Qualifying Requirements

Minimum Credit Score YN
Yes
Minimum Credit Score
650

Leasing Restrictions

Leasing - Max Times Per Year
Yes

Price Calculations

Current Price To SqFt
150

Section Details

Parcel Number MLX
0330

Originating Details

Originating System Key
601000265
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Kitchen 7.16 6.50 First
Living Room 22.75 14.08 First
Master Bedroom 13.91 14.08 First
Bedroom 2 11.75 11.08

Documents

IDX
Listing Office: Fleur Realty Group, Inc.
Source MLS Verified
Last Updated: September - 09 - 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.
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