PALM LAKES CONDO
7220 Lake Cir Dr # 106, Margate FL 33063
2 beds · 2 baths · 1,100 ft²
$150,000
Est. Payment $798/mo
2
Bedrooms
2
Bathrooms
1,100
Sq. Ft.
1980
Year Built
4
Stories
49
Days on Market
Description
Welcome to Palm Lakes, a premier 55+ community! This beautifully maintained 2 bed, 2 bath first-floor condo offers a spacious layout with a large front garden, a screened balcony with summer kitchen and BBQ area, and serene lake views. Inside, you’ll find a fully renovated kitchen with granite countertops and a filtered water system, full-size washer and dryer, and an ample walk-in closet. The community provides plenty of guest parking along with one assigned space. Pets are welcome (up to 2), and the HOA—with reserves—allows conventional financing with as little as 5% down. HOA requirements include a 650+ credit score and $40,000+ annual income. Ideally located just 2 minutes from Publix, this home combines comfort, convenience, and resort-style living.
Facts
- MLS#
- A11862848
- 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.
- $136/ft²
- Price per sq. mt.
- $1,471/m²
- Stories
- 4
- Garage
- —
- Pool
- —
- Days on Market
- 49 days
- Listed
- Aug 21, 2025
- Last Updated
- Dec 3, 2025
- Price/Lot Sq.Ft.
- —
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Market insights for Margate
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
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).
| 12/3/2025 | Sold | $150,000 |
| 8/21/2025 | Listed for sale | $150,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Lanaar Elementary School1,2 · private · 0.2 mi
- Temple Beth Moshe Preschool
PK,TK,KG,1 · private · 0.2 mi
- Beth Moshe Congregation
PK,KG · private · 0.2 mi
- Mater Academy Bay Biscayne North Miami
KG,1,2,3,4,5 · charter · 0.6 mi
- Mater Academy Biscayne North Miami High Sch
9,10,11,12 · charter · 0.6 mi
- W. J. Bryan Elementary School
PK,KG,1,2,3,4,5 · public · 1.1 mi
- Von Wedel Montessori School
PK,KG,1,2,3 · private · 1.2 mi
- Natural Bridge Elementary School
PK,KG,1,2,3,4,5 · public · 1.2 mi
- El Shaddai School
KG,1,2,3 · private · 1.2 mi
- Mater Academy Biscayne Middle School
6,7,8 · charter · 1.2 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$1,073/mo
Principal & Interest
$798
Property Tax
$125
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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