7320 Lake Circle Drive 101, Margate, FL 33063

$165,000

Virtual Tour

https://www.propertypanorama.com/7320-Lake-Circle-Dr-Unit-101-Margate-FL-33063/unbranded

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,100 Status: Active

Current Price: $165,000 List Date: 7/25/2025 Last Modified: 4/08/2026

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: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 4
Stories: 11
Direction Faces: Northeast
Furnished: Unfurnished
LP/Assessed Value: 0.97

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; See Remarks 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
Association Deposit Amount: 0
Membership Fee Amount: 0

Status Change Information

Major Change Timestamp: 2026-01-06T17:30:34Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-01-06T17:30:34Z
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
Dock Number: No

Capital Contributions

Capital Contributions YN: No
Capital Contributions Amount: 0

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
Pet Fee: 0

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

Office/Member Information

DXORIGMLSID: FLL

Application Information

3-4 Weeks Approval: Yes

Amenities

Billiard Room: Yes
Clubhouse: Yes
Community Room: Yes
Fitness Center: Yes
Library: Yes
Pickleball Court(s): Yes
Picnic Area: Yes
Pool: Yes
Storage: Yes

Association Amenities

Maintenance: Yes

Association Fee Includes

Maintenance Grounds: Yes
Maintenance Structure: Yes
Pool Service: Yes
Recreation Facility: Yes
Reserve Funds: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Dining Area

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

Flooring

Carpet: Yes
Vinyl: Yes

Parking Features

Assigned: Yes
Guest: Yes

Property Condition

Resale: Yes

Possession

Negotiable: Yes

Special Information

Sold As-Is: Yes

Utilities

Cable Available: Yes

View

Other: Yes

Heating

Central: Yes
Electric: Yes

Unit Description

Corner/End Unit: Yes

Window Features

Single Hung Metal: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Water Heater: Yes

Construction Materials

CBS: Yes

Interior Features

Bedroom Layout - Split: Yes

Land Lease Information

Land Lease Amount: 0

Listing Terms

Cash: Yes
Conventional: Yes

Security Features

Smoke Detector(s): Yes
Other: Yes

Water Heater Details

Electric Water Heater: Yes

Recreation Lease Information

Recreation Lease Amount: 0

Cooling

Central Air: Yes
Electric: Yes

Showing Requirements

Appointment Only: Yes
Showing Service: Yes
See Remarks: Yes

Main Living Area

Entry Level: Yes

Master Bedroom/Bath

Master Bdrm - Ground: Yes
Separate Shower: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Breed Restrictions: Yes
Number Limit: Yes
Size Limit: Yes

Restrictions

Parking - No Trailer: Yes

Tax Information

City/County: Yes
Homestead Exemption: Yes

Outdoor Living Spaces

Porch: Yes

Porch Details

Porch - Screened: Yes

Room Types

Bedroom 2: Yes
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

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

Feature Sheet ›

Purchase Application Package ›

Rules & Regulations ›

Association Payment Information ›

FAQ ›

Condo Declarations ›

Certificate of Insurance ›

Roof Assessment Information ›

Structural Inspection Report ›

Listing Office: Fleur Realty Group, Inc.

Last Updated: April - 08 - 2026

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7320 Lake Circle Drive 101, Margate, FL 33063 (MLS# F10514198)