Condo in 7561 NW 1st Street 207, Margate, FL 33063 for sale with MLS# B26050966
DESIRABLE AND SPACIOUS! 2 BEDROOM 2 BATH 2ND FLOOR CONDO . LARGE PATIO WITH SERENE WATER VIEWS ALONG WITH VIEWS FROM THE MASTER BEDROOM. EAT IN KITCHEN WITH PASS THRU TO THE DINING ROOM AREA. CARPET AND TILE IN LIVING AREAS. WASHER AND DRYER IN UNIT. WALK IN CLOSET IN MASTER BEDROOM. WALKING DISTANCE TO 1 OF THE 2 POOLS AND THE TENNIS COURT. CLOSE TO NEW PUBLIX, WALGREENS, RESTAURANTS, BANKS AND TRANSPORTATION. ASSOCIATION STATES 55+ COMMUNITY, 650 + CREDIT SCORE AND $40,000 YEARLY INCOME. PET FRIENDLY COMMUNITY ALLOWS 2 PETS UNDER 20 LBS EACH. CAN LEASE AFTER ONE YEAR OF OWNERSHIP.
7561 NW 1st Street 207, Margate, FL 33063
Price
- Price:
- $109,900.00
- Original List Price:
- $114,900.00
- List Price per Sq Ft (Calculated, Approx.):
- $104.45
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:
- August 19, 2026 5:27 pm
- Other Special Conditions:
- Sold As-is
Rooms Distribution
- Bedrooms:
- 2
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Room Type:
- Kitchen, Living Room, Master Bedroom
- Master Bedroom Bath:
- Other
- Dining Area:
- Eat-in Kitchen, Dining/Living Room
Measures
- Living Area:
- 1,100 Sqft
- Built-Up Area:
- 1,100 Sqft
- Building Area Source:
- Assessor
- Living Area Source
Property Features
- View from the Property:
- Canal
- Waterfront:
- Yes
- Waterfront Features:
- Other
- Furnished:
- Negotiable
- Appliances:
- Dryer, Dishwasher, Refrigerator, Washer, Electric Range, Range, Oven
- Interior:
- Walk-In Closet(s)
- Laundry:
- In Unit
- Air Conditioning
- Air Conditioning System:
- Central Air, Electric
- Heating
- Heating System:
- Central, Electric
- Property Entrance Faces:
- South
- Unit Description:
- Exterior Catwalk
Construction
- Year Built:
- 1980
- Roof:
- Other
- Levels:
- One
- Construction Materials:
- Concrete Block - With Stucco
- Flooring:
- Carpet, Tile
- Number of stories:
- 4
- Structure Type:
- Multi Family
- Stories:
- 1
- Flood Zone Code:
- X
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $457.57
- Tax Year:
- 2025
- Tax Assessed Value:
- $48,690.00
- Association Fee:
- $2,279.00
- Association Fee Frequency:
- Quarterly
- Property Tax Details:
- Homestead Exemption
Parking
- Parking Total Spaces:
- 1
- Carport Spaces:
- 2
- Covered Spaces:
- 0
- Parking Features:
- Assigned, Guest
Utilities
- Sewer:
- Public Sewer
- Utilities Available:
- Water Connected, Cable Connected
- Water Source:
- Public
Community
- Association
- Association Membership:
- Voluntary
- Application Required
- Application Fee:
- $150.00
- Application Information:
- 3-4 Weeks Approval, Personal Interview Required, Association Approval Required
- Association Type:
- Condominium
- Minimum Lease Term:
- 1-2 Years
- Pets Allowed?:
- Size Limit (There are size restrictions on allowed pets), Yes, Breed Restrictions, There is a limit on the number of pets allowed
- Lease Number Times per Year Allowed:
- 1
- Amenities Provided by the Homeowner's Association (HOA):
- Heated Pool, Library, Pool, Sauna, Spa/hot Tub, Kitchen Facilities, Trash Chute, Billiard Room, Clubhouse, Storage, Fitness Center, Tennis Court(s)
- Subdivision Name:
- PALM LAKES CONDO
- Association Fee Includes:
- Water, Trash, Cable Tv, Pest Control, Recreation Facility
- Association Name:
- PALM lAKES
- Senior Community:
- Yes
- Association Phone:
- 954-971-1719
- Association Minimum Credit Score:
- 650
- Association Requires a Minimum Credit Score
- Restrictions:
- Lease Restrictions, See Remarks
- Minimum Days per Lease:
- 365
- Other Leasing Restrictions:
- Leasing Prohibited 1st Year
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease With Restrictions
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
Zoning and Legal
- Tax Legal Description:
- PALM LAKES CONDO UNIT 207 BLDG 11 AKA PHASE #10 PER CDO BK/PG: 8555/223
- Real Estate Folio Number (Parcel Number):
- 484135g33030
- Zoning:
- R-3A
Public Schools Assigned
- Elementary School:
- Norma Butler Bossard
- High School:
- Coconut Creek
- Middle Or Junior School:
- Silver Lakes
Listing History
- Active on the market since:
- July 10, 2026
- Listing Agreement executed on:
- July 10, 2026
- Price change occurred on:
- August 19, 2026 5:27 pm
- Listing Status Last Changed On:
- July 10, 2026 5:55 pm
- Photos updated on:
- July 15, 2026 3:26 pm
- Last Modified:
- September 20, 2026 9:26 pm
Additional Information
- Courtesy of:
- Real Estate II Inc
- Attribution:
- 407-695-2066
Location
- Floor Number:
- 2
- Street Name:
- 1st
- Street Number:
- 7561
- Unit Number:
- 207
- 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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