PALM LAKES CONDO,PALM LAKES

7320 Lake Cir Drive # 204, Margate FL 33063

1 beds · 2 baths · 960 ft²

For Sale · Active Listing

$115,000

11.54%

Est. Payment $612/mo

MLS Sheet Video

1

Bedrooms

2

Bathrooms

960

Sq. Ft.

1979

Year Built

4

Stories

126

Days on Market

Description

Welcome to Palm Lakes, a sought after 55+ community offering comfort, convenience, and an active lifestyle. This beautifully renovated and spacious 1 bedroom, 2 bathroom condo is truly move in ready. Thoughtfully updated in 2024, the home features a hurricane impact front door and impact windows for enhanced security, energy efficiency, and peace of mind. A newly enclosed 28 x 10 patio with impact windows adds exceptional bonus living space, perfect for relaxing, entertaining, or creating a bright home office retreat. Stylish new water resistant laminate flooring throughout gives the entire residence a clean, modern feel. The updated kitchen showcases stainless steel appliances and granite countertops, blending functionality with timeless design. Plantation shutters and elegant zebra blinds add both privacy and sophistication. The AC unit was replaced in 2018, providing reliable year round comfort. Ideally positioned right off the elevator for easy access, this unit also includes convenient outside storage. Minimum credit score requirement is 650. Enjoy low maintenance living in a well maintained community, close to shopping, dining, and everything you need. This is the perfect opportunity to enjoy a stylish, updated home in one of Palm Lakes' desirable 55+ settings. ***No special assessments!!

Facts

MLS#
R11163007
Subdivision
PALM LAKES CONDO,PALM LAKES
Property Type
Residential
Property Sub Type
Condominium
Year Built
1979
Lot Size
0 acres
Sq. Ft.
960 ft²
Sq. Mt.
89 m²
Price per sq. ft.
$120/ft²
Price per sq. mt.
$1,292/m²
Stories
4
Garage
Pool
Private
Days on Market
126 days
Listed
Feb 12, 2026
Last Updated
Jun 18, 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

40

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).

3/13/2026Price change$115,000-11.5%
2/12/2026Listed for sale$130,000

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

Location

7320 Lake Cir Drive # 204, 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

$858/mo

Principal & Interest

$612

Property Tax

$96

Insurance

$150

HOA

$0

20% ($23,000)
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

Hablo Español

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.

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