Condo in 7301 NW 1st Street 401, Margate, FL 33063 for sale with MLS# A12092005

AMAZING VALUE in the 55+ community of Palm Lakes! Beautifully updated 4th-floor condo with a spacious, enclosed, hurricane impacted balcony and peaceful water views. The community has passed its Milestone Inspection, NEW ROOF COMPLETED & assessment PAID IN FULL! This bright, move-in-ready unit features a modern kitchen with designer backsplash and stainless steel appliances, updated bathrooms, vinyl flooring, contemporary lighting and fixtures, and washer/dryer in the unit. The spacious primary suite offers a walk-in closet and plenty of storage. The oversized enclosed Florida room is surrounded by windows and offers beautiful water views-an ideal space for relaxing, dining, entertaining or a home office. Enjoy all the amenities Palm Lakes has to offer, including a clubhouse, two pools, tennis, billiards, fitness center and library. Pet friendly, with up to 2 pets under 20 lbs.One assigned parking space plus ample guest parking. Conveniently located near shopping, restaurants, medical facilities, major highways and everyday conveniences, including a brand-new Publix nearby. Minimum 650 TransUnion score and $40K+ income required for all buyers. A great combination of updates, water views, flexible living space, amenities and location-ready to enjoy!

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7301 NW 1st Street 401, Margate, FL 33063

Price
Price:
$149,000.00
Original List Price:
$149,000.00
List Price per Sq Ft (Calculated, Approx.):
$134.23
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
October 5, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Room Type:
Family Room, Kitchen, Living Room, Master Bedroom
Master Bedroom Bath:
Combo Tub/shower, Other
Dining Area:
Eat-in Kitchen
Measures
Living Area:
1,110 Sqft
Built-Up Area:
1,110 Sqft
Property Features
View from the Property:
Lake, Water
Waterfront:
Yes
Waterfront Features:
Lake Front, None
Swimming Pool Features:
Private
Security:
Other
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Electric Range, Ice Maker, Free-Standing Freezer
Interior:
Elevator
Exterior:
Other
Windows:
Blinds, Casement
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Property Entrance Faces:
South
Unit Description:
Corner/end Unit, Exterior Catwalk
Construction
Year Built:
1980
Levels:
Two
Construction Materials:
CBS, Concrete Block - No Stucco
Flooring:
Vinyl
Number of stories:
4
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$1,054.00
Tax Year:
2025
Association Fee:
$2,295.00
Association Fee Frequency:
Quarterly
Property Tax Details:
City/County
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Assigned
Community
Association
Application Required
Application Fee:
$150.00
Application Information:
Personal Interview Required
Association Type:
Condominium
Pets Allowed?
Lease Number Times per Year Allowed:
1
Amenities Provided by the Homeowner's Association (HOA):
Pool, Clubhouse, Maintenance, Elevator(s)
Subdivision Name:
PALM LAKES
Association Fee Includes:
Water, Cable Tv, Common Areas, Elevator, Pool Service
Senior Community:
Yes
Development Name:
PALM LAKES
Restrictions:
Parking - No Rv
Minimum Days per Lease:
365
Other Leasing Restrictions:
Leasing Prohibited 1st 2 Years
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
PALM LAKES CONDO UNIT 401 BLDG 9 AKA PHASE #8 PER CDO BK/PG: 8555/223
Real Estate Folio Number (Parcel Number):
484135G32490
Public Schools Assigned
Elementary School:
Citrus Ridge
High School:
Coconut Creek
Middle Or Junior School:
Silver Lakes
Listing History
Active on the market since:
October 5, 2026
Listing Agreement executed on:
October 5, 2026
Listing Status Last Changed On:
October 5, 2026 4:00 am
Photos updated on:
October 5, 2026 4:01 pm
Last Modified:
October 5, 2026 11:04 pm
Additional Information
Courtesy of:
One Sotheby's International Realty
Attribution:
Not provided
Location
Floor Number:
4
Street Name:
1st
Street Number:
7301
Unit Number:
401
City:
Margate
State:
Florida
Zip Code:
33063
County:
Broward
Latitude:
N26° 14' 2.1''
Longitude:
W81° 46' 31.4''
Street Suffix:
Street
Street Direction Prefix:
NW
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.