7300 Lake Cir Drive 404, Margate, FL 33063

$105,000

Virtual Tour

https://www.propertypanorama.com/7300-Lake-Cir-Drive-Unit-404-Margate-FL-33063/unbranded

Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 960 Status: Closed

Current Price: $105,000 List Date: 3/31/2026 Last Modified: 7/14/2026

Overview

Description

STUNNING 1 BEDROOM PENTHOUSE CONDO WITH RELAXING LAKE VIEWS FROM YOUR ENCLOSED TILED PATIO. UPDATED EAT-IN KITCHEN. BEAUTIFUL LAMINATE WOOD FLOORING IN LIVING ROOM/DINING ROOM AREAS. BEDROOM HAS CARPET AND WALK IN CLOSET. A/C 1 YEAR NEW. EACH UNIT HAS THEIR OWN STORAGE AREA. ASSOCIATION STATES 55+ COMMUNITY AND IS PET FRIENDLY ALLOWING 2 PETS UP TO 20 LBS EACH. $40,000 YEARLY INCOME IS REQUIRED WITH A 650 CREDIT SCORE. MUST OWN 1 YEAR BEFORE LEASING. GREAT LOCATION! WALK TO CLUBHOUSE, PUBLIX, BANKING, RESTAURANTS, WALGREENS AND TRANSPORTATION.

Listing Details MLS# B26009123

General Property Information

Unit Floor #: 404
Property Sub Type: Condominium
Bedrooms Total: Yes
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 960
Building Area Source: Other
Living Area Main: 960
Living Area Source: Other
Adjusted Area Main: 960
Accessibility Features YN: No
Year Built: 1980
Parking Total: Yes
Gated Community YN: No
Senior Community YN: Yes
Waterfront YN: Yes
Stories Total: 4
Stories: Yes
Direction Faces: Northeast
Fireplace YN: No
Pool Private YN: No
Furnished: Negotiable
Washer/Dryer Allowed YN: Yes
Year Roof Installed: 2025
LP/Assessed Value: 1.4
Lot Size Area: 0

Property Features

Application Information: 3-4 Weeks Approval Association Amenities: Recreation Facilities Association Fee Includes: Cable TV; Common Areas; Maintenance Grounds; Pest Control; Trash; Water Dining Area: Dining/Living Room; Eat-In Kitchen Flooring: Carpet; Laminate; Tile; Wood Parking Features: Assigned; Guest Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave; Oven; Refrigerator; Washer; Water Heater; Range Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air Association Type: Condominium Heating: Central; Electric Interior Features: Walk-In Closet(s) Laundry Features: In Unit Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Breed Restrictions; Number Limit; Size Limit Possession: Close Of Escrow Restrictions: Buyer Approval Required; Parking - No Commercial Vehicles; See Remarks Roof: Other Sewer: Public Sewer Special Information: Sold As-Is Structure Type: Multi Family Tax Information: Homestead Exemption Unit Description: Penthouse Utilities: Other View: Water Water Access: None Water Source: Public Water View: Lake Waterfront Features: Lake Front Showing Requirements: Call Listing Agent; Lockbox Contingencies: Financing Room Types: Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN: No
Original List Price: 114200
Listing Service: Full Service

Location and Legal

Country: United States
County Or Parish: Broward
Street Number: 7300
Street Name: Lake Cir
Street Suffix: Drive
Unit Number: 404
Municipality Type: Incorporated
State Or Province: FL
Postal Code: 33063
Postal Code +4: 4818
Subdivision Name: PALM LAKES
Area: 3633
Geographic Area: NW41 - North Broward 441 To Everglades (3611-3642)
Elementary School: Morrow
Middle Or Junior School: Silver Lakes
High School: Coconut Creek
Special Assessment YN: No
Parcel Number: 484135g30920
Zoning: R-3A
Flood Zone: X
Directions: ROCK ISLAND ROAD SOUTH OF ATLANTIC BLVD. TO ENTRANCE RIGHT AFTER PUBLIX. FOLLOW TO BUILDING #4
Subdivision Number: 0

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 2083
Association Fee Frequency: Quarterly
Association Membership: Voluntary
Association Reserves YN: Yes
Application Required YN: Yes
Association Name: PALM LAKES
Association Phone: 954-971-1719
Association Email: palmlakes@nextgenfla.com
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 695
Membership Fee Required YN: No
Tax Annual Amount: 1139.38
Tax Year: 2025
Tax Assessed/SOH Value: 81810
Tax Legal Description: PALM LAKES CONDO UNIT 404 BLDG 4 AKA PHASE #3 PER CDO BK/PG: 8555/223
Assessor Market Value: 116010

Status Change Information

Major Change Timestamp: 2026-07-14T13:03:13Z
Major Change Type: Status Change
Price Change Timestamp: 2026-06-01T16:10:25Z
Status Change Date: 2026-07-14
Under Contract Date: 2026-06-11
Close Date: 2026-07-13
Close Price: 105000
Buyer Financing: Conventional

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Main Level Rooms

Main Level Bathrooms: 2
Main Level Bedrooms: Yes

Pet Details

Maximum Number Of Pets: 2
Pet Fee YN: No
Total Weight Limit (Pets): 20

Qualifying Requirements

Minimum Credit Score YN: Yes
Minimum Credit Score: 650

Price Calculations

Current Price To SqFt: 118.95

Originating Details

Originating System Key: 20260331134158412122000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Application Information

3-4 Weeks Approval: Yes

Amenities

Car Wash Area: Yes
Clubhouse: Yes
Fitness Center: Yes
Heated Pool: Yes
Pool: Yes
Sauna: Yes
Shuffleboard Court: Yes
Spa/Hot Tub: Yes
Storage: Yes
Street Lights: Yes
Trash Chute: Yes

Association Amenities

Recreation Facilities: Yes

Association Fee Includes

Cable TV: Yes
Common Areas: Yes
Maintenance Grounds: Yes
Pest Control: Yes
Trash: Yes
Water: Yes

Dining Area

Dining/Living Room: Yes
Eat-In Kitchen: Yes

Flooring

Carpet: Yes
Laminate: Yes
Tile: Yes
Wood: Yes

Parking Features

Assigned: Yes
Guest: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Structure Type

Multi Family: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Special Information

Sold As-Is: Yes

Utilities

Other: Yes

View

Water: Yes

Heating

Central: Yes
Electric: Yes

Unit Description

Penthouse: Yes

Water Access

None: Yes

Water View

Lake: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Ice Maker: Yes
Microwave: Yes
Oven: Yes
Refrigerator: Yes
Washer: Yes
Water Heater: Yes
Range: Yes

Construction Materials

CBS: Yes

Interior Features

Walk-In Closet(s): Yes

Laundry Features

In Unit: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Other: Yes

Water Source

Public: Yes

Waterfront Features

Lake Front: Yes

Water Heater Details

Electric Water Heater: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Association Type

Condominium: Yes

Showing Requirements

Call Listing Agent: Yes
Lockbox: Yes

Master Bedroom/Bath

Bedroom On Entry Level: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Breed Restrictions: Yes
Number Limit: Yes
Size Limit: Yes

Restrictions

Buyer Approval Required: Yes
Parking - No Commercial Vehicles: Yes
See Remarks: Yes

Tax Information

Homestead Exemption: Yes

Contingencies

Financing: Yes

Room Types

Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Room Information

Room Name
Kitchen
Living Room
Master Bedroom

Listing Office: Real Estate II Inc

Last Updated: July - 14 - 2026

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