$125,000
Sold · September 19, 2025
363 N Rock Island Road 403
Explore the area: Margate homes for sale · Broward County real estate
Sale Summary
What this home sold for
- Sold price
- $125,000
- Vs. list price
- At list
- Days on market
- 56
- Price per sq ft
- $114
This 2-bedroom condo in Palm Lakes sold for $125,000 on September 19, 2025. That was exactly its final list price of $125,000. It spent 56 days on the market. At $114 per square foot, it closed 10.7% above the $103 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $125,000
- Sold On
- September 19, 2025
- Days on Site
- 56 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,100 sqft
- Year Built
- 1980
- Property Type
- Condo
- MLS #
- F10509567
- Property Tax
- $697 (2024)
- HOA Fees
- $2,294 / Quarterly
- Subdivision
- PALM LAKES
- County
- Broward
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
MOTIVATED!! A DIAMOND IN THE ROUGH! 2 BEDROOM 2 BATH 4TH FLOOR PENTHOUSE CONDO. ENJOY THE BEAUTIFUL VIEWS FROM YOUR LARGE PATIO. TILED FLOORS. EAT-IN KITCHEN. WASHER/DRYER IN UNIT. WALK IN CLOSET IN MASTER BEDROOM. ACTIVE 55+ COMMUNITY ,2 POOLS, TENNIS COURT, BILLIARDS, SAUNA AND EXERCISE ROOM. ASSOCIATION REQUIRES 650 CREDIT SCORE AND VERIFIABLE INCOME OF $40,000. PET FRIENDLY COMMUNITY ALLOWS 2 SM PETS UNDER 20 LBS EACH. ALLOWS RENTALS AFTER ONE YEAR OF OWNERSHIP. WALK TO NEW PUBLIX, BANK, WALGREENS, RESTAURANTS AND BUSES.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1980
- Property Condition
- Resale
- Number of Stories
- 4
- Garage Spaces
- 0
- Parking
- Guest
- Living Sq Ft
- 1,100
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Gas Range / Oven / Refrigerator / Water Softener / Water Heater / Water Purifier / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Tile
- Fireplace
- Yes
- Interior Features
- Bedroom On Main Level / Eat In Kitchen / Living Dining Room / Walk In Closets
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area / Porch
- Pool Features
- Association
- Patio & Porch
- Porch / Screened / Balcony
- Waterfront Features
- Lake / None
- View
- Lake
Community & HOA
- HOA Fee
- $2,294 / Quarterly
- HOA Includes
- Maintenance Structure / Pools / Recreation Facilities / Roof / Trash / Water
- Association Amenities
- Clubhouse / Car Wash Area / Fitness Center / Maintenance Grounds / Picnic Area / Pool / Sauna / Spa Hot Tub / Storage / Trash
- Security
- None
- Utilities
- Cable Available
- Pets Allowed
- Breed Restrictions / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- MLS Area
- 3633
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 403, Margate, FL 33063?
- Use the Tour button on this listing to request a showing of 363 N Rock Island Road 403, 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 403, Margate, FL 33063 still available?
- 363 N Rock Island Road 403, Margate, FL 33063 is currently listed as Sold, and has been on the market 56 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 403, Margate, FL 33063?
- With 20% down ($25,000) on the $125,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 363 N Rock Island Road 403, Margate, FL 33063 is about $657/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 403, 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 403, 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 403, Margate, FL 33063 have an HOA fee?
- Yes: 363 N Rock Island Road 403, Margate, FL 33063 carries an HOA fee of about $2,294 quarterly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- Can I negotiate the price of 363 N Rock Island Road 403, Margate, FL 33063?
- Often, yes. The right offer on 363 N Rock Island Road 403, 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 Real Estate II Inc
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 July 1, 2026.
$125,000
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Listed by Ira Goren, Real Estate II Inc
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Recent Sales
Recently sold homes in Palm Lakes
These are the last 6 recorded closings in Palm Lakes, 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 or find out what your Palm Lakes home is worth.
