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$120,000
7220 Lake Circle Drive 402
Margate, FL 33063
MLS# F10086822
Status: Closed
2 beds  |  2 baths  |  1100 sqft


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Photo 1 FOYER ENTRANCE EXTRA STORAGE IN DINING AREA WALL Photo 4 BEAUTIFUL WOOD FLOOR WITH IMPACT GLASS SLIDING DOORS DINING AREA VIEW OF FOYER FOYER ENTRANCE UPGRADED KITCHEN CABINETS AND COUNTERTOPS ADDITIONAL GLASS CABINETS IN KITCHEN ADDITIONAL CABINET WITH GRANITE AND SLIDING SHELVES. MORE GRANITE COUNTERTOP AND UPGRADED BACKSPLASH Photo 12 WASHER AND DRYER IN UNIT CUSTOM SHELVING IN PANTRY ACCESS TO BALCONY THROUGH IMPACT GLASS DOORS FROM MASTER BEDROOM MIRRORED SHOWER DOOR IN MASTER BATH GUEST BEDROOM WITH BEAUTIFUL CUSTOM BUILT-IN DESK AND OFFICE LARGE BUILT-IN DESK WITH PLENTY OF STORAGE BEAUTIFUL DESK TASTEFULLY DONE! GUEST BATH WITH EXTRA CABINET AND COMBO TUB/SHOWER. 200 SQ.FT. SCREENED BALCONY WITH STORM SHUTTERS. Photo 22 Photo 23 Photo 24 TERRIFIC WATER VIEW FROM SCREENED BALCONY Photo 26 Photo 27 Photo 28 Photo 29 Photo 30 Photo 31 Photo 32 Photo 33 Photo 34 Photo 35 Photo 36 CANOPIED CLUBHOUSE ENTRANCE CLUBHOUSE LOBBY WITH FIREPLACE AND ACCESS TO POOL AND BBQ AREA UPSTAIRS CLUBHOUSE POOL TABLES AND TABLE TENNIS LARGE AUDITORIUM FOR MEETINGS AND ENTERTAINMENT EXERCISE ROOM UPSTAIRS MEETING ROOM Photo 43 CLUBHOUSE ALSO BOASTS SAUNAS IN BOTH MEN'S AND WOMEN'S BATHROOMS GROUND VIEW OF POOL AND SPA IN REAR CLUBHOUSE POOL VIEW FROM UPSTAIRS PLENTY OF AREAS TO ENJOY BEING OUTSIDE AND OUT OF THE SUN! COVERED POOLSIDE PATIO LARGE SITTING AREA WITH BBQ IN REAR.

Property Description
STUNNING UNIT W/UPGRADES THROUGHOUT. REDONE KITCHEN WITH ADDL COUNTER & CABINET. GRANITE COUNTERS. MASTER BATH REDONE W/CUSTOM SHOWER & LARGE VANITY. CUSTOM CLOSET IN MASTER BEDROOM. 2ND BEDROOM REDONE W/BEAUTIFUL HOME OFFICE. WOOD FLOORS IN LIVING AREA & MASTER BEDROOM. HIGH END IMPACT GLASS IN ENTIRE UNIT. STORM SHUTTERS ON BALCONY, WHICH ALSO HAS EXTRA CUSTOM STORAGE UNIT. NEW AC IN AUG'16. EXTRA IN-WALL STORAGE IN DINING AREA. FRESHLY PAINTED. ECM CONTRACT. CLOTH CURTAINS EXCLUDED IN SALE. A MUST SEE.

Details
Maps
Contract Information
Comp Sale YN: No
Occupant Type: Owner
Listing Date: 2017-09-26
Status: Closed
Original List Price: 129900
Sold Price: $120,000
Current Price: $120,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Margate
Postal Zip: 33063
Geographic Area: NW41 - North Broward 441 To Everglades (3611-3642)
Building Name: 5
Country: United States
Street Number: 7220
Street Name: Lake Circle
Street Suffix: Drive
Unit Number: 402
State Or Province: FL
Postal Code: 33063
Postal Code +4: 4810
Subdivision Name: PALM LAKES
Area: 3633
Parcel Number: 484135G31220
Directions: JUST SOUTH OF ATLANTIC ON ROCK ISLAND TO FIRST PALM LAKES ENTRANCE. SECOND BUILDING ON RIGHT.
General Property Information
Number Of Units In Community: 448
Total Units In Building: 32
Unit Floor #: 4
Living Area Main: 1100
Senior Community YN: Yes
Outdoor Living Spaces YN: Yes
Furnished: Unfurnished
Land Lease YN: No
Stories Total: 4
LP/Assessed Value: 1.82
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1100
Year Built: 1980
Direction Faces: North
Financial Information
Application Required YN: Yes
Membership Fee Required YN: No
Membership Fee Amount: 0
Tax Assessed/SOH Value: 68190
Assessor Market Value: 68190
Association YN: 1
Association Fee: 1082
Association Fee Frequency: Quarterly
Tax Annual Amount: 544
Tax Year: 2016
Tax Legal Description: PALM LAKES CONDO UNIT 402 BLDG 5 AKA PHASE #4
Office/Member Information
DXORIGMLSID: FLL
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2017-12-22T05:37:31Z
Major Change Type: Status Change
Price Change Timestamp: 2017-11-06T15:31:42Z
Status Change Date: 2018-01-04
Under Contract Date: 2017-11-17
Close Date: 2017-12-21
Close Price: 120000
Application Fee Details
Application Fee Required: Yes
Application Fee: 100
Application Information
3-4 Weeks Approval: 1
Personal Interview Required: 1
Amenities
Billiard Room: 1
Car Wash Area: 1
Clubhouse: 1
Community Room: 1
Fitness Center: 1
Parking: 1
Picnic Area: 1
Pool: 1
Sauna: 1
Shuffleboard Court: 1
Spa/Hot Tub: 1
Storage: 1
Trash Chute: 1
Association Fee Includes
Common Areas: 1
Elevator: 1
Maintenance Grounds: 1
Maintenance Structure: 1
Pest Control: 1
Pool Service: 1
Recreation Facility: 1
Reserve Funds: 1
Roof Repairs: 1
Sewer: 1
Trash: 1
Water: 1
Dining Area
Dining/Living Room: 1
Eat-In Kitchen: 1
Other: 1
Flooring
Carpet: 1
Tile: 1
Wood: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Parking Features
Guest: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Co-Ownership
Property Management YN: No
Possession
Negotiable: 1
Special Information
Sold As-Is: 1
Utilities
Cable Available: 1
View
Garden: 1
Water: 1
Heating
Central: 1
Electric: 1
Leasing Restrictions
Leasing - Max Times Per Year: 1
Unit Description
Penthouse: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Range: 1
Refrigerator: 1
Washer: 1
Water Heater: 1
Construction Materials
Block: 1
Interior Features
Bedroom Layout - Stacked: 1
Built-in Features: 1
Closet Cabinetry: 1
Entrance Foyer: 1
Pantry: 1
Walk-In Closet(s): 1
Other: 1
Land Lease Information
Land Lease Amount: 0
Listing Terms
Conventional: 1
Road Frontage Type
West of US-1: 1
Security Features
Smoke Detector(s): 1
None: 1
Water Heater Details
Electric Water Heater: 1
Recreation Lease Information
Recreation Lease Amount: 0
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Ceiling Fan Details
Number Of Ceiling Fans: 5
Showing Requirements
Appointment Only: 1
Main Living Area
Entry Level: 1
Master Bedroom/Bath
Bedroom On Entry Level: 1
Separate Shower: 1
Pets Allowed YN
Yes: 1
Storm Protection
Impact Glass: 1
Storm Protection Details
Storm Shutters: 1
High Impact Door: 1
High Impact Windows: 1
Tax Information
Homestead Exemption: 1
Widow Exemption: 1
Outdoor Living Spaces
Balcony: 1
Balcony Details
Balcony - Screened: 1
Porch Details
Porch - Screened: 1
Contingencies
Inspection: 1
Room Types
Bedroom 2: 1
Den: 1
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Other: 1
Concessions
Seller Concessions: No
Price Calculations
Current Price To SqFt: 109.09
Original List Price To Close Price: 0.92
Section Details
Parcel Number MLX: 1220
Originating Details
Originating System Key: 451975137
Originating System ID: M00000170
Property Features
Application Information: 3-4 Weeks Approval; Personal Interview Required
Association Fee Includes: Common Areas; Elevator; Maintenance Grounds; Maintenance Structure; Pest Control; Pool Service; Recreation Facility; Reserve Funds; Roof Repairs; Sewer; Trash; Water
Dining Area: Dining/Living Room; Eat-In Kitchen; Other
Flooring: Carpet; Tile; Wood
Leasing Permitted Details: Okay To Lease
Parking Features: Guest
Property Condition: Resale
Appliances: Dishwasher; Disposal; Dryer; Electric Range; Refrigerator; Washer; Water Heater
Water Heater Details: Electric Water Heater
Construction Materials: Block
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central; Electric
Interior Features: Bedroom Layout - Stacked; Built-in Features; Closet Cabinetry; Entrance Foyer; Pantry; Walk-In Closet(s); Other
Listing Terms: Conventional
Main Living Area: Entry Level
Pets Allowed YN: Yes
Possession: Negotiable
Road Frontage Type: West of US-1
Security Features: Smoke Detector(s); None
Special Information: Sold As-Is
Storm Protection Details: Storm Shutters; High Impact Door; High Impact Windows
Tax Information: Homestead Exemption; Widow Exemption
Unit Description: Penthouse
Utilities: Cable Available
View: Garden; Water
Showing Requirements: Appointment Only
Outdoor Living Spaces: Balcony
Balcony Details: Balcony - Screened
Porch Details: Porch - Screened
Contingencies: Inspection
Room Types: Bedroom 2; Den; Kitchen; Living Room; Master Bedroom; Other
Room Information
Room Name Length Width
Kitchen10.008.00
Living Room23.0014.00
Master Bedroom14.0014.00
Bedroom 212.0010.00
Other22.009.00
Den

IDX
Listing Office: Park Creek Realty Inc

Last Updated: July - 28 - 2026

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