Condo in 7431 NW 1st St 407 Margate for sale with MLS# A11797336

AMAZING DEAL & FINANCE AS LOW AS 3% DOWN IF QUALIFIED! Passed Milestone, new roof slated assessment paid by seller! Spacious top floor Condo w/beautiful water views in 55+ community! Situated in one of the best buildings, NS exposure, next to pool/tennis. Featuring BRAND NEW AC BOTH UNITS & Water Heater, front impact windows, tile throughout, large primary w/walk-in closet, ample storage, updated bathrooms & kitchen & the largest patio in town! Community offers clubhouse, tennis, 2 pools, billiards, gym & library. Walk to great shopping plaza, brand-new Publix opening soon! Washer/dryer in unit, pet friendly up to 2 pets<20lbs 650 TransUnion score for ALL buyers, 40k+income. Can finance under 25% also VA. 1 assigned parking spot & Ample guest parking!

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7431 NW 1st St 407, Margate, FL 33063

Price
Price:
$140,000.00
Previous Asking Price:
$145,000.00
Original List Price:
$154,900.00
Property Status and Type
Listing Type:
For Sale
Status:
Pending (An offer has been accepted)
Contingency:
No Contingencies
Special Sale Conditions:
Listed As Is
Listing Category:
Residential
Property Type:
Condominium
MLS Number:
A11797336
Description of Last Important Update:
Pending (An offer has been accepted)
Last Major Update on:
April 13, 2026 4:48 pm
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Measures
Living Area:
1,100 Sqft
Built-Up Area:
1,100 Sqft
Lot Size Unit:
Square Feet
Property Features
View from the Property:
Water
Waterfront:
Yes
Swimming Pool Features:
Heated
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range
Interior:
Pantry, Bedroom On Main Level, Elevator
Exterior:
Patio, Storm Security Shutters
Patio and Porch:
Patio
Windows:
Impact Glass, Impact glass, Impact Glass
Air Conditioning
Air Conditioning System:
Central Air, Ceiling Fan(s)
Heating
Heating System:
Central
Water Access Description:
Other
Storm Protection:
Partial Impact Glass
Construction
Year Built:
1980
Year Built Details:
Resale
Architectural Style:
Other, Penthouse
Entry Level (floor):
4
Entry Level Location:
4
Construction Materials:
Block
Flooring:
Tile
Number of stories:
4
Taxes and Expenses
Tax Annual Amount:
$3,521.00
Tax Year:
2025
Association Fee:
$758.00
Association Fee Frequency:
Monthly
Property Tax Status:
Tax Reflects No Exemptions
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
One Space, Guest
Utilities
Utilities Available:
Cable Available
Community
Pets Allowed?:
Size Limit (There are size restrictions on allowed pets), Yes
Amenities Provided by the Homeowner's Association (HOA):
Hobby Room, Library, Pool, Spa/hot Tub, Bike Storage, Vehicle Wash Area, Trash, Clubhouse, Storage, Elevator(s), Fitness Center, Tennis Court(s), Community Kitchen
Subdivision Name:
PALM LAKES CONDO
Association Fee Includes:
Maintenance Grounds, Roof, Sewer, Water, Trash, Cable Tv, Pest Control, Maintenance Structure, Common Areas, Insurance, Reserve Fund, Amenities, Legal Accounting
Complex Name:
PALM LAKES CONDO
Senior Community:
Yes
Restrictions:
No Leasing During First Year of Ownership, No Boats, No Motorcycles, No RVs, No Trucks
Terms
Listing Terms Considered by Seller:
Cash, Conventional, VA Loan
Occupant Type:
Owner
Buyer Possession:
Closing And Funding
Zoning and Legal
Tax Legal Description:
PALM LAKES CONDO UNIT 407 BLDG 10 AKA PHASE #9 PER CDO BK/PG: 8555/223
Real Estate Folio Number (Parcel Number):
484135G32870
Listing History
Originally published on:
May 6, 2025 12:52 pm
Active on the market since:
May 6, 2025
Price change occurred on:
October 7, 2025 5:41 am
Listing Status Last Changed On:
April 13, 2026 4:48 pm
Photos updated on:
August 24, 2025 2:08 pm
Last Modified:
April 13, 2026 8:49 pm
Additional Information
Unit View:
Water View
Housing Older Persons Act:
Verified
Unit Design:
Other, Penthouse
Type of Association:
Condo
Minimum Number of Days per Lease:
365
Type of Governing Bodies of the Association:
Condominium
Pet Fee:
$0.00
Number of Times Leased per Year:
1
Flood Zone:
X
Application Fee:
$150.00
Style:
Condo 1-4 Stories
Courtesy of:
Realty 100
Attribution:
Not provided
Location
Street Name:
1st St
Street Number:
7431
Unit Number:
407
City:
Margate
State:
Florida
Zip Code:
33063
County:
Broward
Latitude:
N26° 13' 54''
Longitude:
W81° 46' 34.8''
Street Direction Prefix:
NW
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $62,930
Median Home Value $270,100
Median Rent $1,790/mo
Median Age 45
Population 55,539

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.