7561 NW 1st Street 207, Margate, FL 33063

$114,900

Virtual Tour

https://www.propertypanorama.com/7561-NW-1st-Street-Unit-207-Margate-FL-33063/unbranded

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,100 Status: Active

Current Price: $114,900 List Date: 7/10/2026 Last Modified: 7/15/2026

Overview

Description

DESIRABLE AND SPACIOUS! 2 BEDROOM 2 BATH 2ND FLOOR CONDO . LARGE PATIO WITH SERENE WATER VIEWS ALONG WITH VIEWS FROM THE MASTER BEDROOM. EAT IN KITCHEN WITH PASS THRU TO THE DINING ROOM AREA. CARPET AND TILE IN LIVING AREAS. WASHER AND DRYER IN UNIT. WALK IN CLOSET IN MASTER BEDROOM. WALKING DISTANCE TO 1 OF THE 2 POOLS AND THE TENNIS COURT. CLOSE TO NEW PUBLIX, WALGREENS, RESTAURANTS, BANKS AND TRANSPORTATION. ASSOCIATION STATES 55+ COMMUNITY, 650 + CREDIT SCORE AND $40,000 YEARLY INCOME. PET FRIENDLY COMMUNITY ALLOWS 2 PETS UNDER 20 LBS EACH. CAN LEASE AFTER ONE YEAR OF OWNERSHIP.

Listing Details MLS# B26050966

General Property Information

Total Units In Building: 32
Unit Floor #: 2
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1100
Building Area Source: Assessor
Living Area Main: 1100
Living Area Source: Assessor
Adjusted Area Main: 1100
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: South
Fireplace YN: No
Pool Private YN: No
Furnished: Negotiable
Washer/Dryer Allowed YN: Yes
LP/Assessed Value: 2.36
Lot Size Area: 0

Property Features

Application Information: 3-4 Weeks Approval; Association Approval Required; Personal Interview Required Association Fee Includes: Cable TV; Pest Control; Recreation Facility; Trash; Water Dining Area: Dining/Living Room; Eat-In Kitchen Flooring: Carpet; Tile Leasing Permitted Details: Okay To Lease With Restrictions Parking Features: Assigned; Guest Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Dryer; Electric Range; Oven; Refrigerator; Washer; Range Construction Materials: Concrete Block - With Stucco Cooling: Central Air; Electric Association Type: Condominium Heating: Central; Electric Interior Features: Walk-In Closet(s) Laundry Features: In Unit Levels: One Listing Terms: Cash; Conventional Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: Breed Restrictions; Number Limit; Size Limit Possession: Close Of Escrow Restrictions: Lease Restrictions; See Remarks Other Leasing Restrictions: Leasing Prohibited 1st Year Roof: Other Sewer: Public Sewer Special Information: Sold As-Is Structure Type: Multi Family Tax Information: Homestead Exemption Unit Description: Exterior Catwalk Utilities: Cable Connected; Water Connected Water Access: Other Water Source: Public Water View: Canal Showing Requirements: Call Listing Agent Room Types: Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN: No
Original List Price: 114900
Negotiable Seller Concessions YN: No
Occupant Type: Call Listing Agent
Listing Service: Full Service
Seller Represented YN: No

Location and Legal

Country: United States
County Or Parish: Broward
Street Number: 7561
Street Direction Prefix: NW
Street Name: 1st
Street Suffix: Street
Unit Number: 207
Municipality Type: Incorporated
State Or Province: FL
Postal Code: 33063
Postal Code +4: 7538
Subdivision Name: PALM LAKES CONDO
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: 484135g33030
Zoning: R-3A
Flood Zone: X
Directions: ROCK ISLAND ROAD SOUTH OF ATLANTIC BLVD. TO 1ST STREET. MAKE A RIGHT. FOLLOW TO BLDG. #11 ON RIGHT HAND SIDE.
Subdivision Number: 0

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 2279
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: MiguelR@nextgenfla.com
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 760
Membership Fee Required YN: No
Tax Annual Amount: 457.57
Tax Year: 2025
Tax Assessed/SOH Value: 48690
Tax Legal Description: PALM LAKES CONDO UNIT 207 BLDG 11 AKA PHASE #10 PER CDO BK/PG: 8555/223
Assessor Market Value: 161610

Status Change Information

Major Change Timestamp: 2026-07-10T17:55:11Z
Major Change Type: New Listing
Status Change Date: 2026-07-10

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease With Restrictions: Yes

Capital Contributions

Capital Contributions YN: No

Co-Ownership

Property Management YN: Yes
Property Management Name: NEXT GENERATION
Property Management Phone: 954-451-0099
Property Management Email: info@nextgenfla.com

Main Level Rooms

Main Level Bathrooms: Yes
Main Level Bedrooms: Yes

Pet Details

Maximum Number Of Pets: 2
Pet Fee YN: No
Total Weight Limit (Pets): 20
Other Pet Restrictions: NO AGRESSIVE BREEDS

Qualifying Requirements

Minimum Credit Score YN: Yes
Minimum Credit Score: 650

Leasing Restrictions

Leasing - Max Times Per Year: Yes
Leasing - Minimum Number of Days: 365

Price Calculations

Current Price To SqFt: 104.45

Originating Details

Originating System Key: 20260709151659832566000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Application Information

3-4 Weeks Approval: Yes
Association Approval Required: Yes
Personal Interview Required: Yes

Amenities

Billiard Room: Yes
Clubhouse: Yes
Fitness Center: Yes
Heated Pool: Yes
Kitchen Facilities: Yes
Library: Yes
Pool: Yes
Sauna: Yes
Spa/Hot Tub: Yes
Storage: Yes
Tennis Court(s): Yes
Trash Chute: Yes

Association Fee Includes

Cable TV: Yes
Pest Control: Yes
Recreation Facility: Yes
Trash: Yes
Water: Yes

Dining Area

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

Flooring

Carpet: Yes
Tile: 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

Cable Connected: Yes
Water Connected: Yes

Heating

Central: Yes
Electric: Yes

Unit Description

Exterior Catwalk: Yes

Water Access

Other: Yes

Water View

Canal: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Oven: Yes
Refrigerator: Yes
Washer: Yes
Range: Yes

Construction Materials

Concrete Block - With Stucco: Yes

Interior Features

Walk-In Closet(s): Yes

Laundry Features

In Unit: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Other: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes
Electric: Yes

Association Type

Condominium: Yes

Showing Requirements

Call Listing Agent: Yes

Main Living Area

Entry Level: Yes

Master Bedroom/Bath

Other: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

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

Restrictions

Lease Restrictions: Yes
See Remarks: Yes

Other Leasing Restrictions

Leasing Prohibited 1st Year: Yes

Tax Information

Homestead Exemption: 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 - 15 - 2026

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