PALM LAKES CONDO

7431 NW 1st St # 407, Margate FL 33063

2 beds · 2 baths · 1,100 ft²

Closed

$140,000

9.62%

Est. Payment $745/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

1,100

Sq. Ft.

1980

Year Built

4

Stories

341

Days on Market

Description

AMAZING DEAL & FINANCE AS LOW AS 3% DOWN IF QUALIFIED! Passed Milestone, new roof slated assessment paid by seller! Spacious top floor Condo w/beautiful water views in 55+ community! Situated in one of the best buildings, NS exposure, next to pool/tennis. Featuring BRAND NEW AC BOTH UNITS & Water Heater, front impact windows, tile throughout, large primary w/walk-in closet, ample storage, updated bathrooms & kitchen & the largest patio in town! Community offers clubhouse, tennis, 2 pools, billiards, gym & library. Walk to great shopping plaza, brand-new Publix opening soon! Washer/dryer in unit, pet friendly up to 2 pets<20lbs 650 TransUnion score for ALL buyers, 40k+income. Can finance under 25% also VA. 1 assigned parking spot & Ample guest parking!

Facts

MLS#
A11797336
Subdivision
PALM LAKES CONDO
Property Type
Residential
Property Sub Type
Condominium
Year Built
1980
Lot Size
0 sqft
Sq. Ft.
1,100 ft²
Sq. Mt.
102 m²
Price per sq. ft.
$127/ft²
Price per sq. mt.
$1,373/m²
Stories
4
Garage
Pool
Days on Market
341 days
Listed
May 6, 2025
Last Updated
Apr 18, 2026
Price/Lot Sq.Ft.

Market insights for Margate

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

83

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

4/18/2026Sold$140,000
10/7/2025Price change$140,000-9.6%
5/6/2025Listed for sale$154,900

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

7431 NW 1st St # 407, Margate FL 33063Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$1,012/mo

Principal & Interest

$745

Property Tax

$117

Insurance

$150

HOA

$0

20% ($28,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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