PALM LAKES CONDO,Palm Lakes

7220 Lake Cir Drive # 207, Margate FL 33063

2 beds · 2 baths · 1,100 ft²

Closed

$120,000

Est. Payment $639/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

1,100

Sq. Ft.

1980

Year Built

4

Stories

3

Days on Market

Description

Beautiful, well-maintained, and move-in ready second floor 2 bedroom/2 bathroom condo in the private and lakefront active 55+ community of Palm Lakes. Bright and open floor plan with serene views of the lake. Remodeled dine-in kitchen with washer/dryer and tons of storage. Laminate floors and neutral tile throughout. Spacious living/dining room and large enclosed patio with floor to ceiling sliding glass door. Master bedroom has large walk-in closet and stunning views as well. Palm Lakes features lots of lifestyle and active amenities including clubhouse, pool/spa, tennis, shuffleboard, exercise room, billiards, picnic area. Building has an elevator and storage. Walking distance to grocery stores, restaurants, pharmacies and more as well as easy access to major highways and casinos!

Facts

MLS#
R10524915
Subdivision
PALM LAKES CONDO,Palm Lakes
Property Type
Residential
Property Sub Type
Condominium
Year Built
1980
Lot Size
0 acres
Sq. Ft.
1,100 ft²
Sq. Mt.
102 m²
Price per sq. ft.
$109/ft²
Price per sq. mt.
$1,176/m²
Stories
4
Garage
Pool
Private
Days on Market
3 days
Listed
Apr 25, 2019
Last Updated
May 25, 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

June 2026

100/100
Buyers marketSellers market

66

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).

5/25/2026Sold$120,000
4/25/2019Listed for sale$120,000

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

Estimated Monthly Payment

$889/mo

Principal & Interest

$639

Property Tax

$100

Insurance

$150

HOA

$0

20% ($24,000)
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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