PALM LAKES CONDO

7431 NW 1st St # 103, Margate FL 33063

2 beds · 2 baths · 1,100 ft²

Closed

$125,000

7.41%

Est. Payment $665/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

1,100

Sq. Ft.

1980

Year Built

4

Stories

103

Days on Market

Description

AMAZING DEAL! PRICE REDUCED. Welcome home to this spacious ground floor 2 bedroom, 2 bath split floor plan condo in the 55+ community of Palm Lakes. Brand new a/c and hot water, washer and dryer in unit, eat in kitchen, primary bedroom with walk in closet and access to oversized screened in porch with roll down shutters. Walk to one of two pools, bbq pavilion, and tennis courts, park right outside your fenced landscaped front patio. Furnishings can remain. Ready for new owner to add their personal touches, and make it their own. SPECIAL ASSESSMENT PAID IN FULL. Association requires minimum credit score of 650, and income of $40k. No renting fist year, pet friendly, 2 dogs less than 20 lbs. No residents under 18. See attachments, easy to show.

Facts

MLS#
A11847867
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.
$114/ft²
Price per sq. mt.
$1,225/m²
Stories
4
Garage
Pool
Days on Market
103 days
Listed
Jul 10, 2025
Last Updated
Dec 4, 2025
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).

12/4/2025Sold$125,000
9/17/2025Price change$125,000-7.4%
7/10/2025Listed for sale$135,000

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 # 103, 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

$919/mo

Principal & Interest

$665

Property Tax

$104

Insurance

$150

HOA

$0

20% ($25,000)
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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