$145,000
363 N Rock Island Road 205
Explore the area: Margate homes for sale · Broward County real estate
Price Check
How this price compares
- List price
- $145,000
- Price per sq ft
- $132
- Vs. nearby sales
- 28.2% above
- Days on market
- 140
This 2-bedroom condo in Palm Lakes Condo is listed at $145,000, or $132 per square foot. The asking price has come down 6.5% from its original $155,000. It has been on the market for 140 days. The 6 most recent condo sales in the closings shown below sold at a median of $103 per square foot, so the asking price is 28.2% above what comparable homes here actually sold for.
Estimated monthly payment
$762 /mo
Principal and interest only, based on $29,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $145,000
- Days on Site
- 140 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,100 sqft
- Total Sq Ft
- 1,100 sqft
- Year Built
- 1980
- Property Type
- Condo
- MLS #
- B26025053
- Property Tax
- $1,425 (2025)
- HOA Fees
- $2,273 / Quarterly
- Subdivision
- PALM LAKES CONDO
- County
- Broward
- Status
- Active
- Special Conditions
- Standard / Listed As Is
About This Property
Priced to sell! This well-maintained, spacious 2-bedroom, 2-bathroom residence offers a beautiful lake view and an unbeatable location. Enjoy comfortable living with a generous layout and serene surroundings.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1980
- Property Condition
- Resale
- Number of Stories
- 4
- Levels
- Two
- Parking
- Assigned / Guest / Open
- Direction Faces
- North
- Lot Size (Acres)
- 0
- Living Sq Ft
- 1,100
- Total Sq Ft
- 1,100
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- R-3A
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Microwave / Range / Refrigerator / Water Heater / Washer
- Cooling
- Central Air / Ceiling Fans / Electric
- Heating
- Central / Electric
- Flooring
- Other / Tile / Wood
- Interior Features
- Bedroom On Main Level / Elevator / Living Dining Room / Walk In Closets
- Laundry
- Washer Hookup / Inside / Laundry Closet / In Kitchen
- Windows
- Skylights
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
Exterior Features
- Construction
- Block / Stucco
- Roof
- Concrete
- Exterior Features
- Barbecue / Outdoor Living Area / Porch
- Pool Features
- Association / Heated
- Patio & Porch
- Porch / Screened
- Waterfront Features
- Lake Front / None / Pond
- View
- Lake / Pond / Water
Community & HOA
- HOA Fee
- $2,273 / Quarterly
- HOA Includes
- Cable Tv / Maintenance Grounds / Maintenance Structure
- Association Amenities
- Clubhouse / Car Wash Area / Maintenance Grounds / Picnic Area / Pool / Parking / Shuffleboard Court / Sauna / Spa Hot Tub / Storage / Tennis Courts / Trash / Elevators
- Security
- None / Smoke Detectors
- Utilities
- Cable Available
- Pets Allowed
- Pet Restrictions / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- MLS Area
- 3633
This home's HOA fee works out to $758 a month, in line with the $758 median across 18 homes for sale in Palm Lakes Condo. See Palm Lakes Condo HOA fees
Schools
- Elementary School
- Morrow
- Middle School
- Silver Lakes
- High School
- Coconut Creek
About the Community
- Homes for Sale
- 18
- Under Contract
- 4
- Median List Price
- $148,450
- Median $/Sq Ft
- $144
- Avg Days on Market
- 152
Frequently Asked Questions
- How do I schedule a tour of 363 N Rock Island Road 205, Margate, FL 33063?
- Use the Tour button on this listing to request a showing of 363 N Rock Island Road 205, Margate, FL 33063. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 363 N Rock Island Road 205, Margate, FL 33063 still available?
- 363 N Rock Island Road 205, Margate, FL 33063 is currently listed as Active, and has been on the market 140 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 363 N Rock Island Road 205, Margate, FL 33063?
- With 20% down ($29,000) on the $145,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 363 N Rock Island Road 205, Margate, FL 33063 is about $762/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 363 N Rock Island Road 205, Margate, FL 33063?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 363 N Rock Island Road 205, Margate, FL 33063. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 363 N Rock Island Road 205, Margate, FL 33063 have an HOA fee?
- Yes: 363 N Rock Island Road 205, Margate, FL 33063 carries an HOA fee of about $2,273 quarterly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 363 N Rock Island Road 205, Margate, FL 33063?
- 363 N Rock Island Road 205, Margate, FL 33063 is zoned for Morrow (elementary), Silver Lakes (middle), Coconut Creek (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 363 N Rock Island Road 205, Margate, FL 33063?
- Often, yes. The right offer on 363 N Rock Island Road 205, Margate, FL 33063 depends on how it's priced against comparable condo sales in Margate, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of One Sotheby's International Re
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$145,000
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Listed by Mayte Vigoa, One Sotheby's International Re
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Recent Sales
Recently sold homes in Palm Lakes Condo
These are the last 6 recorded closings in Palm Lakes Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $109 per square foot. The most recent closed on July 13, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$105,000
Sold · July 13, 2026
7300 Lake Cir Drive 404
1 bed · 2 bath · 960 sqft · $109/sqft
$9,900 under the asking price
Sold$106,500
Sold · June 8, 2026
7210 Lake Circle Drive 401
2 bed · 2 bath · 1,110 sqft · $96/sqft
$8,400 under the asking price
Sold$92,000
Sold · June 8, 2026
7210 Lake Circle Drive 106
2 bed · 2 bath · 1,100 sqft · $84/sqft
$8,000 under the asking price
Sold$135,000
Sold · April 17, 2026
7431 NW 1st Street 407
2 bed · 2 bath · 1,100 sqft · $123/sqft
$5,000 under the asking price
Sold$90,000
Sold · April 17, 2026
480 NW 76th Avenue 306
2 bed · 2 bath · 1,100 sqft · $82/sqft
$9,999 under the asking price
Sold$147,700
Sold · April 14, 2026
7300 Lake Cir Drive 301
2 bed · 2 bath · 1,110 sqft · $133/sqft
$1,300 under the asking price
See every recorded sale in Palm Lakes Condo or find out what your Palm Lakes Condo home is worth.
