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7340 Lake Cir Drive 107, Margate, FL 33063 (MLS# R10262617)

7340 Lake Cir Drive 107, Margate, FL 33063

$85,000

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http://vt.realbiz360.com/MLS-2052905.html

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,100 Status: Closed

Current Price: $85,000 List Date: 8/28/2016 Last Modified: 5/21/2026

Overview

Description

Gated private garden entrance. As you enter there is a foyer that has a coat closet. Master Bedroom has a large walk in closet. Walk in shower, Sliding glass doors onto a large patio that overlooks a green space. Electric stove and refrigerator are new, eat in kitchen. Condo has a washer and dryer and pets are allowed up to 20 pounds. Two pets allowed. Association has over 10% in reserves. This will not last.

Listing Details MLS# R10262617

General Property Information

Number Of Units In Community: 448
Unit Floor #: Yes
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1100
Building Area Source: Public Records
Living Area Main: 1100
Year Built: 1980
Senior Community YN: Yes
Stories Total: 4
Direction Faces: East
Pool Private YN: No
Furnished: Partially
Lot Size Area: 0

Property Features

Association Fee Includes: Cable TV; Common Areas; Elevator; Insurance; Maintenance Grounds; Pest Control; Water Dining Area: Dining/Living Room Exterior Features: Tennis Court(s) Flooring: Carpet Parking Features: Assigned; Guest; Open Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Refrigerator; Washer Construction Materials: CBS Cooling: Central Air; Electric Association Type: Condominium Heating: Central; Electric Interior Features: Bar; Entrance Foyer; Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Size Limit Pool Features: Heated Possession: Negotiable Restrictions: Parking - No Motorcycle; Parking - No RV Other Leasing Restrictions: Leasing Prohibited 1st Year Security Features: None Sewer: Public Sewer Special Information: Sold As-Is Tax Information: Homestead Exemption Unit Description: Garden Apartment Utilities: Cable Available; Sewer Available; Water Available View: Garden; Golf Course Water Access: None Water Source: Public Window Features: Blinds Showing Requirements: Appointment Only; Occupied; Schedule Online; Text Listing Agent Contingencies: Inspection Room Types: Bedroom 2; Kitchen; Laundry; Living Room; Master Bedroom

Contract Information

Comp Sale YN: No
Original List Price: 89000

Location and Legal

County Or Parish: Broward
County Parish Name: Broward
Street Number: 7340
Street Name: Lake Cir
Street Suffix: Drive
Unit Number: 107
City Name: Margate
State Or Province: FL
Postal Code: 33063
Postal Zip: 33063
Subdivision Name: PALM LAKES CONDO
Development Name: PALM LAKES
Area: 3633
Geographic Area: NW41 - North Broward 441 To Everglades (3611-3642)
Special Assessment YN: No
Parcel Number: 484135g30070
Zoning: res
Directions: Atlantic Blvd. west of Rock Island on the south side of the street.

Financial Information

Association YN: Yes
Association Fee: 358.33
Association Fee Frequency: Monthly
Association Membership: Mandatory
Application Required YN: Yes
Membership Fee Required YN: No
Tax Annual Amount: 763
Tax Year: 2015
Tax Legal Description: PALM LAKES CONDO UNIT 107 BLDG 2 AKA PHASE #1

Status Change Information

Major Change Timestamp: 2016-11-14T19:39:03Z
Major Change Type: Status Change
Status Change Date: 2016-11-14
Under Contract Date: 2016-09-11
Close Date: 2016-10-17
Close Price: 85000
Buyer Financing: Cash

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 100

Entry Information

Entry Location: Entry Level Living Area Y

Short Sale Details

Short Sale Addendum: No

Leasing Restrictions

Leasing - Max Times Per Year: Yes
Leasing - Minimum Number of Days: 365

Buyer Details

Country of Origin: United States

Room Types

Bedroom 2 Level: First
Kitchen Level: First
Living Room Level: First
Master Bedroom Level: First
Bedroom 2: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 77.27
Original List Price To Close Price: 1.04

Originating Details

Originating System Key: 20160828180456052048000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

Billiard Room: Yes
Cabana: Yes
Clubhouse: Yes
Elevator(s): Yes
Fitness Center: Yes
Library: Yes
Parking: Yes
Picnic Area: Yes
Pool: Yes
Shuffleboard Court: Yes
Spa/Hot Tub: Yes
Storage: Yes
Tennis Court(s): Yes
Trash Chute: Yes

Association Fee Includes

Cable TV: Yes
Common Areas: Yes
Elevator: Yes
Insurance: Yes
Maintenance Grounds: Yes
Pest Control: Yes
Sewer: Yes
Water: Yes

Dining Area

Dining/Living Room: Yes

Exterior Features

Tennis Court(s): Yes

Flooring

Carpet: Yes

Parking Features

Assigned: Yes
Guest: Yes
Open: Yes

Property Condition

Resale: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Special Information

Sold As-Is: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes
Water Available: Yes

View

Garden: Yes
Golf Course: Yes

Heating

Central: Yes
Electric: Yes

Unit Description

Garden Apartment: Yes

Water Access

None: Yes

Window Features

Blinds: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

CBS: Yes

Interior Features

Bar: Yes
Entrance Foyer: Yes
Walk-In Closet(s): Yes

Land Lease Information

Land Lease Remarks: No

Laundry Features

Inside: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Pool Features

Heated: Yes

Security Features

None: Yes

Water Source

Public: Yes

Recreation Lease Information

Recreation Lease Remarks: No

Cooling

Central Air: Yes
Electric: Yes

Association Type

Condominium: Yes

Showing Requirements

Appointment Only: Yes
Occupied: Yes
Schedule Online: Yes
Text Listing Agent: Yes

Master Bedroom/Bath

Master Bdrm - Ground: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Size Limit: Yes

Restrictions

Parking - No Motorcycle: Yes
Parking - No RV: Yes

Other Leasing Restrictions

Leasing Prohibited 1st Year: Yes

Tax Information

Homestead Exemption: Yes

Contingencies

Inspection: Yes

Room Information

Room Name	Length	Width	Level
Living Room	24.00	15.00	First
Kitchen	13.00	10.00	First
Master Bedroom	16.00	14.00	First
Bedroom 2	13.00	12.00	First
Laundry

Listing Office: Xcellence

Last Updated: May - 21 - 2026

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7340 Lake Cir Drive 107, Margate, FL 33063 (MLS# R10262617)