Condo in 7300 Lake Cir Drive 404, Margate, FL 33063 for sale with MLS# B26009123
STUNNING 1 BEDROOM PENTHOUSE CONDO WITH RELAXING LAKE VIEWS FROM YOUR ENCLOSED TILED PATIO. UPDATED EAT-IN KITCHEN. BEAUTIFUL LAMINATE WOOD FLOORING IN LIVING ROOM/DINING ROOM AREAS. BEDROOM HAS CARPET AND WALK IN CLOSET. A/C 1 YEAR NEW. EACH UNIT HAS THEIR OWN STORAGE AREA. ASSOCIATION STATES 55+ COMMUNITY AND IS PET FRIENDLY ALLOWING 2 PETS UP TO 20 LBS EACH. $40,000 YEARLY INCOME IS REQUIRED WITH A 650 CREDIT SCORE. MUST OWN 1 YEAR BEFORE LEASING. GREAT LOCATION! WALK TO CLUBHOUSE, PUBLIX, BANKING, RESTAURANTS, WALGREENS AND TRANSPORTATION.
7300 Lake Cir Drive 404, Margate, FL 33063
Price
- Price:
- $107,500.00
- Original List Price:
- $114,200.00
- List Price per Sq Ft (Calculated, Approx.):
- $118.95
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- April 28, 2026 12:58 am
- Other Special Conditions:
- Sold As-is
Rooms Distribution
- Bedrooms:
- 1
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Room Type:
- Kitchen, Living Room, Master Bedroom
- Rooms Total:
- 3
- Master Bedroom Bath:
- Bedroom On Entry Level
- Dining Area:
- Eat-in Kitchen, Dining/Living Room
Measures
- Living Area:
- 960 Sqft
- Built-Up Area:
- 960 Sqft
- Building Area Source:
- Other
- Living Area Source:
- Other
Property Features
- View from the Property:
- Lake, Water
- Waterfront:
- Yes
- Waterfront Features:
- Lake Front, None
- Furnished:
- Negotiable
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Ice Maker, Water Heater, Range, Oven
- Interior:
- Walk-In Closet(s)
- Laundry:
- In Unit
- Air Conditioning
- Air Conditioning System:
- Central Air, Ceiling Fan(s)
- Heating
- Heating System:
- Central, Electric
- Property Entrance Faces:
- Northeast
- Unit Description:
- Penthouse
Construction
- Year Built:
- 1980
- Roof:
- Other
- Year Roof Installed:
- 2025
- Levels:
- Two
- Construction Materials:
- CBS
- Flooring:
- Carpet, Tile, Wood, Laminate
- Number of stories:
- 4
- Structure Type:
- Multi Family
- Stories:
- 1
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $1,139.38
- Tax Year:
- 2025
- Tax Assessed Value:
- $81,810.00
- Association Fee:
- $2,083.00
- Association Fee Frequency:
- Quarterly
- Property Tax Details:
- Homestead Exemption
Parking
- Parking Total Spaces:
- 1
- Covered Spaces:
- 0
- Parking Features:
- Assigned, Guest
Utilities
- Sewer:
- Public Sewer
- Utilities Available:
- Other
- Water Source:
- Public
Community
- Association
- Association Membership:
- Voluntary
- Application Required
- Application Fee:
- $150.00
- Application Information:
- 3-4 Weeks Approval
- Association Type:
- Condominium
- Pets Allowed?:
- Size Limit (There are size restrictions on allowed pets), Yes, Breed Restrictions, There is a limit on the number of pets allowed
- Amenities Provided by the Homeowner's Association (HOA):
- Heated Pool, Pool, Sauna, Spa/hot Tub, Trash Chute, Clubhouse, Recreation facilities, Storage, Fitness Center, Recreation Facilities, Shuffleboard Court, Car Wash area, Street Lights
- Subdivision Name:
- PALM LAKES
- Association Fee Includes:
- Maintenance Grounds, Water, Trash, Cable Tv, Pest Control, Common Areas
- Association Name:
- PALM LAKES
- Senior Community:
- Yes
- Association Phone:
- 954-971-1719
- Association Minimum Credit Score:
- 650
- Association Requires a Minimum Credit Score
- Restrictions:
- Buyer Approval Required, Parking - No Commercial Vehicles, See Remarks
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
Zoning and Legal
- Tax Legal Description:
- PALM LAKES CONDO UNIT 404 BLDG 4 AKA PHASE #3 PER CDO BK/PG: 8555/223
- Real Estate Folio Number (Parcel Number):
- 484135g30920
- Zoning:
- R-3A
Public Schools Assigned
- Elementary School:
- Morrow
- High School:
- Coconut Creek
- Middle Or Junior School:
- Silver Lakes
Listing History
- Active on the market since:
- March 31, 2026
- Listing Agreement executed on:
- March 31, 2026
- Price change occurred on:
- April 28, 2026 12:58 am
- Listing Status Last Changed On:
- March 31, 2026 3:47 pm
- Photos updated on:
- April 7, 2026 1:55 pm
- Last Modified:
- May 31, 2026 4:09 pm
Additional Information
- Courtesy of:
- Real Estate II Inc
- Attribution:
- Not provided
Location
- Street Name:
- Lake Cir
- Street Number:
- 7300
- Unit Number:
- 404
- City:
- Margate
- State:
- Florida
- Zip Code:
- 33063
- County:
- Broward
- Latitude:
- N26° 14' 6.6''
- Longitude:
- W81° 46' 29''
- Street Suffix:
- Drive
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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