Welcome to the first-floor corner unit at Palm Lakes Condominium in Margate! This spacious 2-bed, 2-bath condo of 1,100 sqft has been fully renovated with permitted updates with white cabinets kitchen, new appliances, and a washer/dryer. The unit has gray laminated wood floors throughout, freshly painted walls, and new light fixtures, The master bedroom offers a walk-in closet, with extra storage, front parking, and plenty of guest parking. Conveniently located near Publix, shopping centers, and highways, this property provides easy access to essential amenities within walking distance of the pool. Please note that at least one resident must be 55+ years old to live in this community. Additionally, the seller will cover all assessments at closing, and small pets are welcome. Amazing first-floor, corner unit at Palm Lakes Condominium in Margate! Updated kitchen, trendy floors, walk-in closet, private bathroom, large screened patio, extra storage, convenient parking, pets welcome, two heated pools, clubhouse, and tennis courts. Seller covers assessments at closing. Don't miss out!
Sold for $215,000
$215,000
7340 Lake Circle Drive #101, Margate, FL 33063
2beds
1,110sqft
Condominium
Built in 1979
-- sqft lot
$185,800 Zestimate®
$194/sqft
$1,841 Estimated rent
Home value
$185,800
$169,000 - $204,000
$1,841/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Solangel K Fumero 954-274-5893,
Sol Realty LLC
Bought with:
Thomas F Salomone, 0351536
Real Estate II Inc
Thomas F Salomone, 0351536
Real Estate II Inc
Source: BeachesMLS,MLS#: F10436027
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Electric Range, Disposal, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
- Laundry: Washer Hookup, Dryer Hookup
Features
- Bedroom on Main Level, Living/Dining Room, Storage, Tub Shower, Walk-In Closet(s)
- Flooring: Laminate
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,110 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Guest
- Details: CarportSpaces:0.00
Features
- Entry location: First Floor Entry,Walk-In Closets
- Patio & porch: Porch, Screened, Balcony
- Exterior features: Balcony, Barbecue, Outdoor Living Area, Tennis Court(s), Porch
- Pool features: Association
- Has view: Yes
- View description: Garden
- Waterfront features: None
Details
- Parcel number: 484135G30010
- Lease amount: $0
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block
Condition
- Resale
- New construction: No
- Year built: 1979
Utilities & green energy
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Security System, Closed Circuit Camera(s), Fire Alarm, Smoke Detector(s)
- Pet deposit fee: $0
- Membership fee: $0
- Senior community: Yes
- Subdivision: Palm Lakes Condominium
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Fitness Center, Library, Picnic Area, Pool, Parking, Storage, Elevator(s)
- Services included: Insurance, Maintenance Grounds, Pool(s), Roof, Sewer, Trash, Water
- HOA fee: $678 monthly
- HOA phone: 954-969-1330
Location
- Region: Margate
Financial & listing details
- Price per square foot: $194/sqft
- Tax assessed value: $187,050
- Annual tax amount: $3,254
- Date on market: 4/25/2024
- Cumulative days on market: 106 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/13/2024 | Sold | $215,000-8.5%$194/sqft |
Source:  BeachesMLS #F10436027 Report a problem | ||
| 8/12/2024 | Pending sale | $234,999$212/sqft |
Source: BeachesMLS #F10436027 Report a problem | ||
| 6/26/2024 | Price change | $234,999-1.3%$212/sqft |
Source: BeachesMLS #F10436027 Report a problem | ||
| 6/5/2024 | Price change | $238,000-4%$214/sqft |
Source: BeachesMLS #F10436027 Report a problem | ||
| 4/25/2024 | Listed for sale | $248,000+3.8%$223/sqft |
Source: BeachesMLS #F10436027 Report a problem | ||
| 9/29/2023 | Listing removed | -- |
Source: BeachesMLS #F10387619 Report a problem | ||
| 9/20/2023 | Listed for sale | $239,000$215/sqft |
Source: BeachesMLS #F10387619 Report a problem | ||
| 8/22/2023 | Pending sale | $239,000$215/sqft |
Source: BeachesMLS #F10387619 Report a problem | ||
| 7/14/2023 | Price change | $239,000-4.4%$215/sqft |
Source: BeachesMLS #F10387619 Report a problem | ||
| 7/5/2023 | Listed for sale | $249,900$225/sqft |
Source: BeachesMLS #F10387619 Report a problem | ||
| 7/5/2023 | Listing removed | -- |
Source:  MIAMI #A11407989 Report a problem | ||
| 6/23/2023 | Listed for sale | $249,900+78.5%$225/sqft |
Source: MIAMI #A11407989 Report a problem | ||
| 1/27/2023 | Sold | $140,000-20%$126/sqft |
Source: BeachesMLS #F10358476 Report a problem | ||
| 1/12/2023 | Pending sale | $174,900$158/sqft |
Source: BeachesMLS #F10358476 Report a problem | ||
| 12/1/2022 | Listed for sale | $174,900+103.4%$158/sqft |
Source: BeachesMLS #F10358476 Report a problem | ||
| 6/15/2004 | Sold | $86,000$77/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $997 -69.9% | $74,150 -46.6% |
| 2024 | $3,319 +2% | $138,880 +7.6% |
| 2023 | $3,254 +14% | $129,030 +10% |
| 2022 | $2,854 +308.1% | $117,300 +168.1% |
| 2021 | $699 +2% | $43,750 +1.4% |
| 2020 | $686 +2.8% | $43,150 +2.3% |
| 2019 | $667 | $42,180 +1.9% |
| 2018 | $667 +5.2% | $41,400 +2.1% |
| 2017 | $634 +2.1% | $40,550 +2.1% |
| 2016 | $621 +16% | $39,720 +0.7% |
| 2015 | $535 -0.5% | $39,450 +0.8% |
| 2014 | $538 | $39,140 -14% |
| 2013 | $538 +83.9% | $45,530 +13.6% |
| 2012 | $293 +8.6% | $40,090 +8.9% |
| 2011 | $269 -50.1% | $36,830 -8.3% |
| 2010 | $540 -62.9% | $40,180 -25.6% |
| 2009 | $1,456 -34.8% | $53,980 -41% |
| 2008 | $2,233 | $91,500 |
Find assessor info on the county website
Neighborhood: 33063
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Nearby schools
GreatSchools rating
- 5/10Morrow Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10Silver Lakes Middle SchoolGrades: 6-8Distance: 1.3 mi
- 3/10Coconut Creek High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Morrow
- Middle: Silver Lakes
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$185,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$185,800
- Florida
- Broward County
- Margate
- 33063
- 7340 Lake Circle Drive Unit 101
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