Condo in 357 N Rock Island Road 407, Margate, FL 33063 for sale with MLS# B26085144
Welcome to this bright and beautifully 2-bedroom, 2-bath unit in a peaceful 55+ community of Palm Lakes. Enjoy an open, spacious layout and a large screened balcony with dual access from the living room and master bedroom, ideal for morning coffee or evening relaxation. The clubhouse offering easy access to great amenities. Prime location! Walk to Palm Lakes Plaza or take a short drive to Coral Square Mall, restaurants, and everyday conveniences. A/C unit is 1 year old, HOA includes cable + water, and the building has successfully passed its 40-year inspection with all repairs completed, no assessments, and fully funded reserves. Peace of mind included. Make it your today!
357 N Rock Island Road 407, Margate, FL 33063
Price
- Price:
- $105,000.00
- Original List Price:
- $105,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $95.45
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:
- New Listing
- Last Major Update on:
- October 7, 2026 2:00 am
Rooms Distribution
- Bedrooms:
- 2
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Room Type:
- Other, Bedroom 2, Kitchen, Living Room, Master Bedroom
- Master Bedroom Bath:
- Separate Shower, 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:
- Public Records
- Living Area Source:
- Public Records
Property Features
- View from the Property:
- Lake, Garden
- Waterfront:
- No
- Appliances:
- Dryer, Dishwasher, Refrigerator, Washer, Electric Range, Electric Water Heater, Water Heater
- Interior:
- Pantry, Walk-In Closet(s), Entrance Foyer, Storage, Bedroom Layout - Split
- Exterior:
- Lighting, Tennis Court(s), Storage, Garden
- Windows:
- Blinds
- Laundry:
- Laundry Closet, In Unit
- Air Conditioning
- Air Conditioning System:
- Central Air, Ceiling Fan(s), Electric
- Heating
- Heating System:
- Central, Electric
- Property Entrance Faces:
- East
Construction
- Year Built:
- 1980
- Roof:
- Flat
- Year Roof Installed:
- 2026
- Levels:
- Two
- Construction Materials:
- Block
- 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:
- $3,506.1
- Tax Year:
- 2025
- Tax Assessed Value:
- $133,300.00
- Association Fee:
- $757.00
- Association Fee Frequency:
- Monthly
- 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, Sewer Available, Water Available
- Water Source:
- Public
Community
- Association
- Master Association
- Association Membership:
- Mandatory
- Application Required
- Application Fee:
- $150.00
- Application Information:
- 3-4 Weeks Approval, Personal Interview Required, Association Approval Required
- Association Type:
- Condominium
- Pets Allowed?:
- Size Limit (There are size restrictions on allowed pets), Yes, 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):
- Library, Pool, Trash Chute, Billiard Room, Clubhouse, Recreation facilities, Management, Elevator(s), Fitness Center, Recreation Facilities, Parking, Manager On Site, Maintained Community
- Subdivision Name:
- PALM LAKES CONDO
- Association Fee Includes:
- Sewer, Water, Trash, Cable Tv, Common Areas, Elevator, Pool Service
- Senior Community:
- Yes
- Association Phone:
- (
- Association Minimum Credit Score:
- 650
- Association Requires a Minimum Credit Score
- Restrictions:
- Parking - No Rv, Parking - No Truck, Parking - No Trailer
- 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:
- Other
Zoning and Legal
- Tax Legal Description:
- PALM LAKES CONDO UNIT 407 BLDG 8 AKA PHASE #7 PER CDO BK/PG: 8555/223
- Real Estate Folio Number (Parcel Number):
- 484135g32230
- Zoning:
- R-3A
Public Schools Assigned
- Elementary School:
- Azalea Elementary-pn
- High School:
- Coconut Creek
- Middle Or Junior School:
- Silver Lakes
Listing History
- Active on the market since:
- October 7, 2026
- Listing Agreement executed on:
- October 6, 2026
- Listing Status Last Changed On:
- October 7, 2026 2:00 am
- Photos updated on:
- October 7, 2026 5:21 pm
- Last Modified:
- October 7, 2026 6:25 pm
Additional Information
- Courtesy of:
- United Realty Group, Inc
- Attribution:
- Not provided
Location
- Floor Number:
- 4
- Street Name:
- Rock Island
- Street Number:
- 357
- Unit Number:
- 407
- City:
- Margate
- State:
- Florida
- Zip Code:
- 33063
- County:
- Broward
- Latitude:
- N26° 14' 2.1''
- Longitude:
- W81° 46' 31.4''
- Street Suffix:
- Road
- Street Direction Prefix:
- N
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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