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7320 Lake Circle Drive 305, Margate, FL 33063 (MLS# F10457390)

7320 Lake Circle Drive 305, Margate, FL 33063

$129,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,100 Status: Closed
Current Price: $129,000 List Date: 8/22/2024 Last Modified: 8/13/2026

Overview

Description

A DIAMOND IN THE ROUGH!! HANDYMAN SPECIAL! GREAT LOCATION 3RD FLOOR 2/2 CONDO IN PRESTIGIOUS PALM LAKES. ENJOY SERENE VIEWS OF THE WATER FROM YOUR LARGE ENCLOSED TILED PATIO. WALK IN CLOSET IN MASTER BEDROOM. WASHER AND DRYER IN UNIT. WALK TO SHOPPING (NEW PUBLIX BEING BUILT) WALGREENS, RESTAURANTS, BANKS AND TRANSPORTATION. ASSOCIATION STATES 55+ AND 650+ CREDIT SCORE AND SHOW $40,000 COMBINED INCOME. COMMUNITY IS PET FRIENDLY WHICH ALLOWS 2 SMALL PETS UNDER 20 POUNDS EACH AND FEATURES 2 POOLS, TENNIS, EXERCISE ROOM, BILLIARDS, SAUNA AND EXTRA STORAGE.

Listing Details MLS# F10457390

General Property Information

Unit Floor #
3
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Living Area Main
1100
Year Built
1979
Gated Community YN
No
Senior Community YN
Yes
Land Lease YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
4
Furnished
Negotiable
LP/Assessed Value
0.9

Property Features

Application Information: Personal Interview Required Association Amenities: Maintenance Association Fee Includes: Elevator; Maintenance Structure; Pest Control; Recreation Facility; Roof Repairs; Trash; Water Dining Area: Dining/Living Room; Eat-In Kitchen Flooring: Carpet; Tile Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Central Air; Electric Heating: Central; Electric Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Breed Restrictions Possession: Negotiable Security Features: None Special Information: Sold As-Is Tax Information: No Homestead Utilities: Cable Available Water Access: None Water View: Lake Waterfront Features: Lake Front Showing Requirements: Call Listing Agent Outdoor Living Spaces: Glass Enclosed; Patio; Porch Contingencies: Financing

Contract Information

Comp Sale YN
No
Original List Price
132000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
7320
Street Name
Lake Circle
Street Suffix
Drive
Unit Number
305
City Name
Margate
State Or Province
FL
Postal Code
33063
Postal Code +4
4819
Postal Zip
33063
Subdivision Name
PALM LAKES
Area
3633
Geographic Area
NW41 - North Broward 441 To Everglades (3611-3642)
Parcel Number
484135G30530
Directions
PALM LAKES ENTRANCE IS JUST EAST OF 76 AVENUE ON ATLANTIC BLVD. TURN RIGHT INTO COMPLEX AND FOLLOW TO BUILDING #3 ON RIGHT HAND SIDE.
Building Name
3

Financial Information

Association YN
Yes
Association Fee
2015
Association Fee Frequency
Quarterly
Application Required YN
Yes
Association Phone
954-971-1719
Membership Fee Required YN
No
Tax Annual Amount
444
Tax Year
2023
Tax Assessed/SOH Value
146020
Tax Legal Description
PALM LAKES CONDO UNIT 305 BLDG 3 AKA PHASE #2 PER CDO BK/PG: 8555/223
Assessor Market Value
146020

Status Change Information

Major Change Timestamp
2024-10-15T22:16:39Z
Major Change Type
Status Change
Status Change Date
2024-10-28
Under Contract Date
2024-09-17
Close Date
2024-10-15
Close Price
129000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Entry Information

Entry Level
3
Entry Location
Third Floor Entry

Co-Ownership

Property Management YN
No

Main Level Rooms

Main Level Bathrooms
Yes
Main Level Bedrooms
Yes

Qualifying Requirements

Minimum Credit Score YN
Yes
Minimum Credit Score
650

Leasing Restrictions

Leasing - Max Times Per Year
Yes

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
117.27
Original List Price To Close Price
0.97

Section Details

Parcel Number MLX
0530

Originating Details

Originating System Key
586516425
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
FLL

Application Information

Personal Interview Required
Yes

Amenities

Billiard Room
Yes
Car Wash Area
Yes
Clubhouse
Yes
Fitness Center
Yes
Picnic Area
Yes
Pool
Yes
Sauna
Yes
Shuffleboard Court
Yes
Spa/Hot Tub
Yes
Storage
Yes
Trash Chute
Yes

Association Amenities

Maintenance
Yes

Association Fee Includes

Elevator
Yes
Maintenance Structure
Yes
Pest Control
Yes
Recreation Facility
Yes
Roof Repairs
Yes
Trash
Yes
Water
Yes

Dining Area

Dining/Living Room
Yes
Eat-In Kitchen
Yes

Flooring

Carpet
Yes
Tile
Yes

Parking Features

Assigned
Yes
Guest
Yes

Property Condition

Resale
Yes

Possession

Negotiable
Yes

Special Information

Sold As-Is
Yes

Utilities

Cable Available
Yes

Heating

Central
Yes
Electric
Yes

Water Access

None
Yes

Water View

Lake
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Electric Range
Yes
Refrigerator
Yes
Washer
Yes
Water Heater
Yes

Construction Materials

CBS
Yes

Land Lease Information

Land Lease Amount
0

Listing Terms

Cash
Yes
Conventional
Yes

Security Features

None
Yes

Waterfront Features

Lake Front
Yes

Water Heater Details

Electric Water Heater
Yes

Recreation Lease Information

Recreation Lease Amount
0

Cooling

Central Air
Yes
Electric
Yes

Showing Requirements

Call Listing Agent
Yes

Master Bedroom/Bath

Bedroom On Entry Level
Yes

Pets Allowed YN

Yes
Yes

Pets Allowed

Breed Restrictions
Yes

Pet Details

Pet Fee
0

Tax Information

No Homestead
Yes

Outdoor Living Spaces

Glass Enclosed
Yes
Patio
Yes
Porch
Yes

Contingencies

Financing
Yes
IDX
Listing Office: Real Estate II Inc
Last Updated: August - 13 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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