For sale

Price cut: $5K (8/19)

$109,900

7561 NW 1st Street #207, Margate, FL 33063

2beds

1,100sqft

$1,567/mo

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Condominium

Built in 1980

-- sqft lot

$-- Zestimate^®

$100/sqft

$760/mo HOA

What's special

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.

53 days
76
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1
Main level bedrooms: 1

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dryer, Dishwasher, Electric Range, Oven, Range, Refrigerator, Washer
Laundry: In Unit, Washer Dryer Install Allowed

Features

Eat-in Kitchen, Living/Dining Room, Other, Walk-In Closet(s)
Flooring: Carpet, Tile
Has fireplace: No

Interior area

Total structure area: 1,100
Total interior livable area: 1,100 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 1
Parking features: Assigned, Guest

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Pool features: Association, Heated
Has view: Yes
View description: Canal
Has water view: Yes
Water view: Canal
Waterfront features: Other

Details

Parcel number: 484135g33030
Zoning: R-3A
Special conditions: Standard,Listed As-Is

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Concrete, Stucco
Roof: Other

Condition

Resale
New construction: No
Year built: 1980

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Water Connected

Community & HOA

Community

Senior community: Yes
Subdivision: PALM LAKES CONDO

HOA

Has HOA: Yes
Amenities included: Billiard Room, Clubhouse, Community Kitchen, Fitness Center, Library, Pool, Sauna, Spa/Hot Tub, Storage, Tennis Court(s), Trash
Services included: Cable TV, Pest Control, Recreation Facilities, Trash, Water
HOA fee: $2,279 quarterly
HOA name: PALM lAKES
HOA phone: 954-971-1719

Location

Region: Margate

Financial & listing details

Price per square foot: $100/sqft
Tax assessed value: $48,690
Annual tax amount: $457
Date on market: 7/10/2026
Cumulative days on market: 53 days
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

$1,815/mo

Price history

Date	Event	Price
8/19/2026	Price change	$109,900-4.4%$100/sqft
Source: BeachesMLS #B26050966 Report a problem
7/10/2026	Listed for sale	$114,900+76.8%$104/sqft
Source: BeachesMLS #B26050966 Report a problem
3/10/2025	Sold	$65,000+62.5%$59/sqft
Source: Public Record Report a problem
5/1/1981	Sold	$40,000$36/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$458 +2.3%	$48,690 +2.9%
2024	$447 +1.7%	$47,320 +3%
2023	$440 -4.8%	$45,950 +3%
2022	$462 +2.2%	$44,620 +3%
2021	$452 +1.3%	$43,330 +1.4%
2020	$446 +1.4%	$42,740 +2.3%
2019	$440	$41,780 +1.9%
2018	$440 +2.5%	$41,010 +2.1%
2017	$429 +0.6%	$40,170 +2.1%
2016	$426 +21.5%	$39,350 +0.7%
2015	$351 -1.6%	$39,080 +0.8%
2014	$357	$38,770 -14%
2013	$357 +188%	$45,100 +13.6%
2012	$124 +10.2%	$39,710 +8.9%
2011	$112 -66.6%	$36,480 -8.3%
2010	$337 -16.4%	$39,790 -15%
2009	$403 +0.4%	$46,820 +0.1%
2008	$401	$46,780