PALM LAKES

357 N Rock Island Road # 407, Margate FL 33063

2 beds · 2 baths · 1,100 ft²

Closed

$1,600

15.79%

Est. Payment $9/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

1,100

Sq. Ft.

1980

Year Built

1

Stories

57

Days on Market

Description

Don’t miss this spacious 2-BD/2-BA top floor condo in Palm Lakes, a 55+ community (1 occupant must be 55+). This unit features a large Florida room/patio accessible from the living room & from the large primary bedroom with a large walk-in closet. WASHER/DRYER. Lots of storage in unit, plus additional storage locker. Wood laminate flooring. Peaceful views. Community amenities include 2 heated pools, gym, clubhouse, tennis, billiards & BBQ area. Pet friendly (up to 2 pets). New roof (2024). Great location, close to shopping and dining (walk to Publix).

Facts

MLS#
F10494116
Subdivision
PALM LAKES
Property Type
Residential Lease
Property Sub Type
Condominium
Year Built
1980
Lot Size
0 sqft
Sq. Ft.
1,100 ft²
Sq. Mt.
102 m²
Price per sq. ft.
$1/ft²
Price per sq. mt.
$16/m²
Stories
1
Garage
Pool
Private
Days on Market
57 days
Listed
Mar 24, 2025
Last Updated
Aug 22, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Margate

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

Sellers market

August 2026

100/100
Buyers marketSellers market

37

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).

8/22/2026Sold$1,600
5/5/2025Price change$1,600-15.8%
3/24/2025Listed for sale$1,900

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

Location

357 N Rock Island Road # 407, Margate FL 33063Directions

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$5,333

gross income / month to qualify

Monthly rent$1,600
Required annual income$64,000
Security deposit (est.)$1,600
Move-in cost (1st + last + security)$4,800

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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Updated 13 hours ago

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