7320 Lake Cir Drive 204, Margate, FL 33063

$115,000

Virtual Tour

https://my.matterport.com/show/?m=tWL16EQzyhK&mls=1

Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 1,202 Status: Active

Current Price: $115,000 List Date: 2/12/2026 Last Modified: 5/31/2026

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 ... (Read more)

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
Lot Size Area: 0

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: 2026-03-13T15:58:29Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-03-13T15:58:29Z
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
Florida Room: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 95.67

Originating Details

Originating System Key: 20260211205604362268000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Accessibility Features

Accessible Elevator Installed: Yes

Amenities

Clubhouse: Yes
Elevator(s): Yes
Parking: Yes
Pool: Yes
Shuffleboard Court: Yes
Storage: Yes
Street Lights: Yes

Association Fee Includes

Cable TV: Yes
Common Areas: Yes
Elevator: Yes
Hot Water: Yes
Maintenance Grounds: Yes
Pest Control: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Dining Area

Dining/Living Room: Yes
Eat-In Kitchen: Yes
Kitchen Dining: Yes

Electric

Three Phase: Yes

Flooring

Laminate: Yes

Parking Features

Assigned: Yes
Guest: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Short Sale: Yes

Structure Type

Multi Family: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Sewer

Public Sewer: Yes

Special Information

Sold As-Is: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes
Water Available: Yes

View

Garden: Yes

Heating

Central: Yes

Water View

Lake: Yes

Window Features

Blinds: Yes
Plantation Shutters: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Free-Standing Freezer: Yes
Ice Maker: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Water Heater: Yes
Range: Yes

Construction Materials

Block: Yes
Concrete: Yes

Interior Features

Elevator: Yes
Pantry: Yes
Walk-In Closet(s): Yes

Laundry Features

Inside: Yes
Laundry Closet: Yes

Listing Terms

Cash: Yes

Security Features

Closed Circuit Camera(s): Yes
Security Patrol: Yes
Smoke Detector(s): Yes

Water Source

Public: Yes

Waterfront Features

Lake Front: Yes

Water Heater Details

Electric Water Heater: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Association Type

Condominium: Yes

Showing Requirements

24 Hour Notice: Yes
Occupied: Yes
Schedule Online: Yes

Master Bedroom/Bath

Separate Shower: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Number Limit: Yes
Size Limit: Yes

Restrictions

Buyer Approval Required: Yes

Tax Information

Homestead Exemption: Yes

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

Listing Office: The Keyes Company

Last Updated: May - 31 - 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.

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