7320 Lake Cir Drive 204, Margate, FL 33063 (MLS# R11163007)

7320 Lake Cir Drive 204, Margate, FL 33063

$100,000
Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 1,202 Status: Active
Current Price: $100,000 List Date: 2/12/2026 Last Modified: 9/03/2026

Overview

Description

Welcome to Palm Lakes, a sought after 55+ community offering comfort, convenience, and an active lifestyle. This beautifully renovated and spacious 1 bedroom, 2 bathroom condo is truly move in ready. Thoughtfully updated in 2024, the home features a hurricane impact front door and impact windows for enhanced security, energy efficiency, and peace of mind. A newly enclosed 28 x 10 patio with impact windows adds exceptional bonus living space, perfect for relaxing, entertaining, or creating a bright home office retreat. Stylish new water resistant laminate flooring throughout gives the entire residence a clean, modern feel. The updated kitchen showcases stainless steel appliances and granite countertops, blending functionality with timeless design.

Supplements: Plantation shutters and elegant zebra blinds add both privacy and sophistication. The AC unit was replaced in 2018, providing reliable year round comfort. Ideally positioned right off the elevator for easy access, this unit also includes convenient outside storage. Minimum credit score requirement is 650. Enjoy low maintenance living in a well main ...

Listing Details MLS# R11163007

General Property Information

Unit Floor #
2
Property Sub Type
Condominium
Bedrooms Total
Yes
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1202
Building Area Source
Owner
Living Area Main
960
Accessibility Features YN
Yes
Year Built
1979
Gated Community YN
No
Senior Community YN
Yes
Waterfront YN
Yes
Stories Total
4
Direction Faces
Northeast
Pool Private YN
No
Furnished
Unfurnished
Year Roof Installed
2023

Property Features

Accessibility Features: Accessible Elevator Installed Association Fee Includes: Cable TV; Common Areas; Elevator; Hot Water; Maintenance Grounds; Pest Control; Trash; Water Dining Area: Dining/Living Room; Eat-In Kitchen; Kitchen Dining Electric: Three Phase Flooring: Laminate Parking Features: Assigned; Guest Property Condition: Resale Special Listing Conditions: Short Sale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Ice Maker; Microwave; Refrigerator; Washer; Water Heater; Range Water Heater Details: Electric Water Heater Construction Materials: Block; Concrete Cooling: Ceiling Fan(s); Central Air Association Type: Condominium Heating: Central Interior Features: Elevator; Pantry; Walk-In Closet(s) Laundry Features: Inside; Laundry Closet Listing Terms: Cash Pets Allowed YN: Yes Pets Allowed: Number Limit; Size Limit Possession: Close Of Escrow; Negotiable Restrictions: Buyer Approval Required Security Features: Closed Circuit Camera(s); Security Patrol; Smoke Detector(s) Sewer: Public Sewer Special Information: Sold As-Is Structure Type: Multi Family Tax Information: Homestead Exemption Utilities: Cable Available; Sewer Available; Water Available View: Garden Water Source: Public Water View: Lake Waterfront Features: Lake Front Window Features: Blinds; Plantation Shutters Showing Requirements: 24 Hour Notice; Occupied; Schedule Online Room Types: Florida Room; Kitchen; Laundry; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
130000
Negotiable Seller Concessions YN
Yes

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
7320
Street Name
Lake Cir
Street Suffix
Drive
Unit Number
204
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Zip
33063
Subdivision Name
PALM LAKES CONDO
Development Name
PALM LAKES
Area
3633
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Special Assessment YN
No
Parcel Number
484135g30440
Zoning
Res
Building Name
3

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
694.13
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Phone
954-451-0099
Association Website
palmlakescoa.com
Estimated Monthly Assoc Recurring Fee
695
Membership Fee Required YN
No
Tax Annual Amount
1875
Tax Year
2025
Tax Legal Description
PALM LAKES CONDO UNIT 204 BLDG 3 AKA PHASE #2 PER CDO BK/PG: 8555/223

Status Change Information

Major Change Timestamp
2026-09-03T13:25:19Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-09-03T13:25:19Z
Status Change Date
2026-02-12

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Parking Information

Open Parking Spaces
139

Short Sale Details

Hardship Package
Submitted
Lender Approval
Unapproved
Short Sale Addendum
Yes

Capital Contributions

Capital Contributions YN
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
Yes

Pet Details

Maximum Number Of Pets
2
Total Weight Limit (Pets)
20
Other Pet Restrictions
Please see attached rules and regulations

Storm Protection

Impact Glass
Complete

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main

Price Calculations

Current Price To SqFt
95.67

Originating Details

Originating System Key
20260211205604362268000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 1.00 1.00 Main
Kitchen 1.00 1.00 Main
Master Bedroom 1.00 1.00 Main
Florida Room
Laundry
IDX
Listing Office: The Keyes Company
Last Updated: September - 03 - 2026
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