$105,000
7220 Lake Cir Drive 101
Explore the area: Margate homes for sale · Broward County real estate
Price Check
How this price compares
- List price
- $105,000
- Price per sq ft
- $95
- Original price
- $125,000
- Days on market
- 130
This 2-bedroom condo in Palm Lakes Condo is listed at $105,000, or $95 per square foot. The asking price has come down 16% from its original $125,000. It has been on the market for 130 days.
Estimated monthly payment
$552 /mo
Principal and interest only, based on $21,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $105,000
- Days on Site
- 130 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,110 sqft
- Total Sq Ft
- 1,110 sqft
- Year Built
- 1980
- Property Type
- Condo
- MLS #
- A12028830
- Property Tax
- $2,274 (2025)
- HOA Fees
- $2,320 / Quarterly
- Subdivision
- PALM LAKES CONDO
- County
- Broward
- Status
- Active
About This Property
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.Fannie Mae approved condo. Can be financed.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1980
- Number of Stories
- 4
- Garage Spaces
- 0
- Direction Faces
- East
- Living Sq Ft
- 1,110
- Total Sq Ft
- 1,110
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Refrigerator / Washer
- Cooling
- Central Air / Ceiling Fans / Electric
- Heating
- Central / Electric
- Flooring
- Carpet / Ceramic Tile / Wood
- Interior Features
- Main Level Primary
Exterior Features
- Construction
- Block
- Exterior Features
- None / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Patio
Community & HOA
- HOA Fee
- $2,320 / Quarterly
- HOA Includes
- Common Areas / Maintenance Structure / Roof / Water
- Association Amenities
- Clubhouse / Maintenance Grounds / Pool / Parking / Elevators
- Security
- None
- Pets Allowed
- Yes
- 55+ Community
- Yes
- Financing Terms
- Cash
- Restrictions
- No Lease2nd Year Owned
- MLS Area
- 3633
Schools
- Elementary School
- Morrow
- Middle School
- Silver Lakes
- High School
- Coconut Creek
About the Community
- Homes for Sale
- 16
- Under Contract
- 4
- Median List Price
- $141,500
- Median $/Sq Ft
- $133
- Avg Days on Market
- 126
Frequently Asked Questions
- How do I schedule a tour of 7220 Lake Cir Drive 101, Margate, FL 33063?
- Use the Tour button on this listing to request a showing of 7220 Lake Cir Drive 101, 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 7220 Lake Cir Drive 101, Margate, FL 33063 still available?
- 7220 Lake Cir Drive 101, Margate, FL 33063 is currently listed as Active, and has been on the market 130 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 7220 Lake Cir Drive 101, Margate, FL 33063?
- With 20% down ($21,000) on the $105,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7220 Lake Cir Drive 101, Margate, FL 33063 is about $552/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 7220 Lake Cir Drive 101, Margate, FL 33063?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 7220 Lake Cir Drive 101, Margate, FL 33063. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 7220 Lake Cir Drive 101, Margate, FL 33063 have an HOA fee?
- Yes: 7220 Lake Cir Drive 101, Margate, FL 33063 carries an HOA fee of about $2,320 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 7220 Lake Cir Drive 101, Margate, FL 33063?
- 7220 Lake Cir Drive 101, 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 7220 Lake Cir Drive 101, Margate, FL 33063?
- Often, yes. The right offer on 7220 Lake Cir Drive 101, 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 The Keyes Company
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.
$105,000
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Listed by Carol J Muir, The Keyes Company
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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.
