$169,900
7220 Lake Cir Drive 406
Explore the area: Margate homes for sale · Broward County real estate
Price Check
How this price compares
- List price
- $169,900
- Price per sq ft
- $154
- Vs. nearby sales
- 71.1% above
- Days on market
- 89
This 2-bedroom condo in Palm Lakes Condo is listed at $169,900, or $154 per square foot. The asking price has come down 12.8% from its original $194,900. It has been on the market for 89 days. The 6 most recent condo sales in the closings shown below sold at a median of $90 per square foot, so the asking price is 71.1% above what comparable homes here actually sold for.
Estimated monthly payment
$893 /mo
Principal and interest only, based on $33,980 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $700/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $169,900
- Days on Site
- 89 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 #
- A12043762
- Property Tax
- $3,484 (2026)
- HOA Fees
- $700 / Monthly
- Subdivision
- PALM LAKES CONDO
- County
- Broward
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Turnkey; fully remodeled condo in the desirable Palm Lakes Community in Margate..This move-in ready home features a beautifully updated interior; modern kitchen, renovated bathrooms, stylish finishes throughout. Major upgrades, New a/c, new water heater, new electrical panel with labels and wired in smoke alarms; providing peace of mind for years to come..Enjoy a bright, space open living area in a well maintained community; conveniently located near shopping; new Publix walk too; great roadways and dinning..Just bring your belongings. Hurry won't last....
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1980
- Property Condition
- Resale
- Number of Stories
- 4
- Garage Spaces
- 0
- Living Sq Ft
- 1,100
- Total Sq Ft
- 1,100
Interior Features
- Appliances
- Ice Maker
- Cooling
- Central Air / Ceiling Fans
- Heating
- Oil / Other
- Flooring
- Laminate
- Interior Features
- Bedroom On Main Level / Elevator / Split Bedrooms
Exterior Features
- Construction
- Block
- Exterior Features
- Outdoor Living Area / Porch
- Architectural Style
- Other
- Patio & Porch
- Patio / Porch / Screened
- View
- Canal
Community & HOA
- HOA Fee
- $700 / Monthly
- HOA Includes
- Common Areas / Maintenance Grounds
- Association Amenities
- Clubhouse / Elevators
- Community Features
- Home Owners Association
- Security
- Fire Alarm / Other / Smoke Detectors
- Pets Allowed
- No
- 55+ Community
- Yes
- Financing Terms
- Conventional
- Restrictions
- No Lease2nd Year Owned
- MLS Area
- 3633
This home's HOA fee works out to $700 a month, 8% below the $758 median across 16 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
- 16
- Under Contract
- 2
- 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 406, Margate, FL 33063?
- Use the Tour button on this listing to request a showing of 7220 Lake Cir Drive 406, 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 406, Margate, FL 33063 still available?
- 7220 Lake Cir Drive 406, Margate, FL 33063 is currently listed as Active, and has been on the market 89 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 406, Margate, FL 33063?
- With 20% down ($33,980) on the $169,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7220 Lake Cir Drive 406, Margate, FL 33063 is about $893/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 406, 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 406, 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 406, Margate, FL 33063 have an HOA fee?
- Yes: 7220 Lake Cir Drive 406, Margate, FL 33063 carries an HOA fee of about $700 monthly. 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 406, Margate, FL 33063?
- 7220 Lake Cir Drive 406, 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 406, Margate, FL 33063?
- Often, yes. The right offer on 7220 Lake Cir Drive 406, 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 Shirley Ferreira, Lic. R.E. Br
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 3, 2026.
$169,900
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Listed by Shirley M Ferreira, Shirley Ferreira, Lic. R.E. Br
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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 $96 per square foot. The most recent closed on October 5, 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$61,750
Sold · October 5, 2026
480 NW 76th Avenue 102
2 bed · 2 bath · 1,100 sqft · $56/sqft
$10,250 under the asking price
Sold$50,000
Sold · September 28, 2026
370 NW 76th Avenue 104
1 bed · 2 bath · 960 sqft · $52/sqft
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
See every recorded sale in Palm Lakes Condo or find out what your Palm Lakes Condo home is worth.
