7220 Lake Cir Drive 101, Margate, FL 33063 (MLS# A12028830)

7220 Lake Cir Drive 101, Margate, FL 33063

$112,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12028830

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,110 Status: Active

Current Price: $112,000 List Date: 6/01/2026 Last Modified: 7/06/2026

Overview

Description

Nice and Spacious first-floor corner unit condo featuring a fully enclosed patio, perfect for relaxing, a home office, or additional living space.Residents enjoy an active lifestyle with access to two heated pools, tennis courts, and a clubhouse offering a variety of community amenities.A desirable 55+ community that welcomes up to two pets under 20 lbs. Association approval is required, including a minimum credit score of 650 and $40k Income.

Listing Details MLS# A12028830

General Property Information

Unit Floor #: Yes
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1110
Living Area Main: 1110
Adjusted Area Main: 1110
Year Built: 1980
Senior Community YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 4
Direction Faces: East

Property Features

Application Information: 3-4 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Common Areas; Elevator; Maintenance Structure; Roof Repairs; Water Exterior Features: None Flooring: Carpet; Ceramic Tile; Wood Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Washer Construction Materials: Block Cooling: Ceiling Fan(s); Central Air; Electric Association Type: Condominium Heating: Central; Electric Listing Terms: Cash Pets Allowed YN: Yes Possession: Close Of Escrow Other Leasing Restrictions: Leasing Prohibited 1st 2 Years Security Features: None Unit Description: Corner/End Unit Showing Requirements: Lockbox; No Appointment Outdoor Living Spaces: Patio

Contract Information

Comp Sale YN: No
Original List Price: 125000
Occupant Type: Vacant

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 7220
Street Name: Lake Cir
Street Suffix: Drive
Unit Number: 101
City Name: Margate
State Or Province: FL
Postal Code: 33063
Postal Code +4: 4865
Postal Zip: 33063
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: 484135G30970
Flood Zone: X
Directions: From Rock Island to South of Atlantic, make the 2nd right.

Financial Information

Association YN: Yes
Association Fee: 2320
Association Fee Frequency: Quarterly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 774
Membership Fee Required YN: No
Tax Annual Amount: 2274
Tax Year: 2025
Tax Legal Description: PALM LAKES CONDO UNIT 101 BLDG 5 AKA PHASE #4 PER CDO BK/PG: 8555/223

Status Change Information

Major Change Timestamp: 2026-07-06T16:39:56Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-07-06T16:39:56Z
Status Change Date: 2026-06-06

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Entry Information

Entry Level: Yes

Parking Information

Open Parking Spaces: Yes

Short Sale Details

Short Sale Addendum: No

Leasing Restrictions

Leasing - Max Times Per Year: 2
Leasing - Minimum Number of Days: 90

Price Calculations

Current Price To SqFt: 100.9

Section Details

Parcel Number MLX: 0970

Originating Details

Originating System Key: 502759629
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

3-4 Weeks Approval: Yes

Amenities

Clubhouse: Yes
Parking: Yes
Pool: Yes

Association Amenities

Maintenance: Yes

Association Fee Includes

Common Areas: Yes
Elevator: Yes
Maintenance Structure: Yes
Roof Repairs: Yes
Water: Yes

Exterior Features

None: Yes

Flooring

Carpet: Yes
Ceramic Tile: Yes
Wood: Yes

Possession

Close Of Escrow: Yes

Heating

Central: Yes
Electric: Yes

Unit Description

Corner/End Unit: Yes

Appliances

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

Construction Materials

Block: Yes

Listing Terms

Cash: Yes

Security Features

None: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Association Type

Condominium: Yes

Showing Requirements

Lockbox: Yes
No Appointment: Yes

Master Bedroom/Bath

Master Bdrm - Ground: Yes

Pets Allowed YN

Yes: Yes

Other Leasing Restrictions

Leasing Prohibited 1st 2 Years: Yes

Outdoor Living Spaces

Patio: Yes

Listing Office: The Keyes Company

Last Updated: July - 06 - 2026

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