Condo in 7220 Lake Cir Drive 101, Margate, FL 33063 for sale with MLS# A12028830

Nice and Spacious first-floor corner unit condo featuring a fully enclosed patio, perfect for relaxing, a home office, or additional living space.Residents enjoy an active lifestyle with access to two heated pools, tennis courts, and a clubhouse offering a variety of community amenities.A desirable 55+ community that welcomes up to two pets under 20 lbs. Association approval is required, including a minimum credit score of 650 and $40k Income.

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7220 Lake Cir Drive 101, Margate, FL 33063

Price
Price:
$107,000.00
Original List Price:
$125,000.00
List Price per Sq Ft (Calculated, Approx.):
$96.39
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Price Reduced
Last Major Update on:
August 4, 2026 9:58 pm
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Master Bedroom Bath:
Master Bdrm - Ground
Measures
Living Area:
1,110 Sqft
Built-Up Area:
1,110 Sqft
Property Features
Waterfront:
No
Appliances:
Dryer, Dishwasher, Refrigerator, Washer, Electric Range
Patio and Porch:
Patio
Air Conditioning
Air Conditioning System:
Central Air, Ceiling Fan(s), Electric
Heating
Heating System:
Central, Electric
Property Entrance Faces:
East
Unit Description:
Corner/end Unit
Construction
Year Built:
1980
Levels:
Two
Entry Level (floor):
1
Construction Materials:
Block
Flooring:
Carpet, Wood, Ceramic Tile
Number of stories:
4
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$2,274.00
Tax Year:
2025
Association Fee:
$2,320.00
Association Fee Frequency:
Quarterly
Parking
Garage Spaces:
0
Covered Spaces:
0
Community
Association
Application Required
Application Fee:
$150.00
Application Information:
3-4 Weeks Approval
Association Type:
Condominium
Pets Allowed?
Lease Number Times per Year Allowed:
2
Amenities Provided by the Homeowner's Association (HOA):
Pool, Clubhouse, Maintenance, Parking
Subdivision Name:
PALM LAKES CONDO
Association Fee Includes:
Water, Maintenance Structure, Common Areas, Elevator, Roof Repairs
Senior Community:
Yes
Minimum Days per Lease:
90
Other Leasing Restrictions:
Leasing Prohibited 1st 2 Years
Terms
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
PALM LAKES CONDO UNIT 101 BLDG 5 AKA PHASE #4 PER CDO BK/PG: 8555/223
Real Estate Folio Number (Parcel Number):
484135G30970
Public Schools Assigned
Elementary School:
Morrow
High School:
Coconut Creek
Middle Or Junior School:
Silver Lakes
Listing History
Active on the market since:
June 6, 2026
Listing Agreement executed on:
June 1, 2026
Price change occurred on:
August 4, 2026 9:58 pm
Listing Status Last Changed On:
June 6, 2026 5:16 pm
Photos updated on:
August 4, 2026 9:00 pm
Last Modified:
August 4, 2026 9:01 pm
Additional Information
Courtesy of:
The Keyes Company
Attribution:
Not provided
Location
Floor Number:
1
Street Name:
Lake Cir
Street Number:
7220
Unit Number:
101
City:
Margate
State:
Florida
Zip Code:
33063
County:
Broward
Latitude:
N26° 13' 59.5''
Longitude:
W81° 46' 35.9''
Street Suffix:
Drive
Property Map

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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.