Condo in 7320 LAKE CIR Drive 407, Margate, FL 33063 for sale with MLS# B26074261
MOTIVATED SELLER! 4TH FLOOR PENTHOUSE! GREAT WATER VIEWS FROM YOUR LARGE PATIO. 2 BEDROOM 2 BATH WITH TILE AND LAMINATE FLOORING. HURRICANE SHUTTERS AND WROL-UPS. WASHER AND DRYER IN UNIT. WALK IN CLOSET IN MASTER BEDROOM. NEWER APPLIANCES. EXTRA STORAGE. PET FRIENDLY COMMUNITY ALLOWING 2 PETS EACH UNDER 20 LBS. ASSOCIATION STATE 55+ COMMUNITY, 650 CREDIT SCORE AND $40K YEARLY COMBINED INCOME. WALKING DISTANCE TO TRANSPORTATION, RESTAURANTS, WALGREENS, BANKS AND A NEW PUBLIX. CLUBHOUSE FEATURES 2 POOLS, TENNIS, EXERCISE ROOMS, SAUNA, BILLIARDS AND MORE. CALL CO-LISTING AGENT TO SHOW.
7320 LAKE CIR Drive 407, Margate, FL 33063
Price
- Price:
- $118,900.00
- Original List Price:
- $118,900.00
- List Price per Sq Ft (Calculated, Approx.):
- $108.09
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:
- New Listing
- Last Major Update on:
- September 9, 2026 8:44 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:
- Bedroom On Entry Level
- 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:
- 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
- Interior:
- Walk-In Closet(s)
- Exterior:
- Balcony, Other
- Laundry:
- In Kitchen
- Air Conditioning
- Air Conditioning System:
- Central Air, Ceiling Fan(s), Electric
- Heating
- Heating System:
- Central, Electric
- Property Entrance Faces:
- East
- Unit Description:
- Penthouse
- Balcony Details:
- Balcony - Covered
Construction
- Year Built:
- 1979
- Roof:
- Flat, Other
- Levels:
- One
- Construction Materials:
- CBS
- Flooring:
- Tile, Laminate
- Number of stories:
- 4
- Structure Type:
- Multi Family
- Stories:
- 4
- Flood Zone Code:
- X
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $3,484.31
- Tax Year:
- 2025
- Tax Assessed Value:
- $133,300.00
- Association Fee:
- $2,279.00
- Association Fee Frequency:
- Quarterly
- Property Tax Details:
- No Homestead
Parking
- Parking Total Spaces:
- 1
- Covered Spaces:
- 0
- Parking Features:
- Assigned, Guest
Utilities
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available, Electricity Connected
- Water Source:
- Public
Community
- Association
- Association Membership:
- Voluntary
- Special Assessment
- Application Required
- Application Fee:
- $150.00
- Application Information:
- 3-4 Weeks Approval, Personal Interview Required, Association Approval Required
- Association Type:
- Condominium
- Pets Allowed?:
- Yes, Breed Restrictions
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Sauna, Spa/hot Tub, Community Room, Trash Chute, Billiard Room, Clubhouse, Maintenance, Storage, Fitness Center, Shuffleboard Court, Car Wash area
- Building Name:
- 3
- Subdivision Name:
- PALM LAKES CONDO
- Association Fee Includes:
- Water, Trash, Pest Control, Maintenance Structure, Roof Repairs, 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:
- Other Restrictions, Lease Restrictions
- 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:
- Negotiable
Zoning and Legal
- Tax Legal Description:
- PALM LAKES CONDO UNIT 407 BLDG 3 AKA PHASE #2 PER CDO BK/PG: 8555/223
- Real Estate Folio Number (Parcel Number):
- 484135g30630
- Zoning:
- R-3A
Public Schools Assigned
- Elementary School:
- Santa Clara
- High School:
- Coconut Creek
- Middle Or Junior School:
- Silver Lakes
Listing History
- Active on the market since:
- September 9, 2026
- Listing Agreement executed on:
- September 9, 2026
- Listing Status Last Changed On:
- September 9, 2026 8:44 pm
- Photos updated on:
- September 9, 2026 8:44 pm
- Last Modified:
- October 9, 2026 4:08 pm
Additional Information
- Courtesy of:
- Real Estate II Inc
- Attribution:
- Not provided
Location
- Floor Number:
- 4
- Street Name:
- LAKE CIR
- Street Number:
- 7320
- Unit Number:
- 407
- City:
- Margate
- State:
- Florida
- Zip Code:
- 33063
- County:
- Broward
- Latitude:
- N26° 14' 2.1''
- Longitude:
- W81° 46' 31.4''
- 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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