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7300 Lake Cir Drive 202, Margate, FL 33063
Under Contract
53 Days on Market
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$104,000

7300 Lake Cir Drive 202

Margate, FL 33063

PALM LAKES CONDO

Explore the area: Margate homes for sale · Broward County real estate

How this price compares

Asking price
$104,000
Price per sq ft
$95
Vs. nearby sales
7.8% below
Days on market
53

This 2-bedroom condo in Palm Lakes Condo went under contract with an asking price of $104,000, or $95 per square foot. The asking price has come down 8% from its original $113,000. It spent 53 days on the market before going under contract. The 6 most recent condo sales in the closings shown below sold at a median of $103 per square foot, so the asking price was 7.8% below what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
1,100
Living Sq Ft
1980
Year Built

Estimated monthly payment

$547 /mo

Principal and interest only, based on $20,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$104,000
Days on Site
53 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 #
B26060972
Property Tax
$2,866 (2025)
HOA Fees
$2,279 / Quarterly
Subdivision
PALM LAKES CONDO
County
Broward
Status
Under Contract
Special Conditions
Standard / Listed As Is

About This Property

GREAT LOCATION!! SPACIOUS 2 BEDROOM 2 BATH CONDO WITH RELAXING WATER VIEWS FROM YOUR LARGE TILED PATIO. EAT-IN KITCHEN. WALK IN CLOSET IN MASTER BEDROOM. WASHER & DRYER IN UNIT. EACH UNIT HAS THEIR OWN STORAGE AREA. THIS IS A PET FRIENDLY COMMUNITY THAT ALLOWS 2 PETS EACH UNDER 20 LBS. ASSOCIATION STATES 55+ COMMUNITY THAT REQUIRES 650+ CREDIT SCORE AND A YEARLY INCOME OF $40,000. MUST OWN 1 YEAR BEFORE LEASING. CLUBHOUSE FEATURES 2 POOLS, SAUNA, BILLIARDS, EXERCISE ROOM, AND TENNIS COURTS. WALKING DISTANCE TO PUBLIX AND THE CLUBHOUSE, BANKING, RESTAURANTS, WALGREENS AND TRANSPORTATION.

Virtual Tour

General Features

Property Type
Condo
Status
Under Contract
Year Built
1980
Property Condition
Resale
Number of Stories
4
Levels
One
Parking
Assigned / Guest
Direction Faces
Northeast
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 / Disposal / Refrigerator / Water Heater / Washer
Cooling
Central Air / Electric
Heating
Central / Electric
Flooring
Carpet / Laminate / Tile
Interior Features
Bedroom On Main Level / Eat In Kitchen / Living Dining Room / Walk In Closets
Laundry
In Unit / Washer Dryer Install Allowed
Main Level Bedrooms
1
Main Level Baths
1
Total Rooms
3
Furnished
Unfurnished

Exterior Features

Construction
Block
Roof
Flat
Exterior Features
Balcony / Outdoor Living Area / Storage
Pool Features
Association / Heated
Patio & Porch
Covered / Glass Enclosed / Balcony
Waterfront Features
Lake Front / None
View
Lake / Water

Community & HOA

HOA Fee
$2,279 / Quarterly
HOA Name
PALM LAKES
HOA Includes
Cable Tv / Pest Control / Recreation Facilities / Roof / Trash / Water
Association Amenities
Billiard Room / Clubhouse / Community Kitchen / Elevators / Pool / Sauna / Spa Hot Tub / Storage / Tennis Courts / Trash
Utilities
Cable Available / Electricity Connected
Pets Allowed
Breed Restrictions / Number Limit / Size Limit / Yes
55+ Community
Yes
Financing Terms
Cash / Conventional
Restrictions
No Lease1st Year Owned / No Boats / No Commercial Vehicles / Ok To Lease / Rental Restriction
MLS Area
3633

This home's HOA fee works out to $760 a month, in line with the $758 median across 20 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
Homes for Sale
20
Under Contract
4
Median List Price
$147,000
Median $/Sq Ft
$139
Avg Days on Market
139
View all 20 homes for sale in Palm Lakes →
How do I schedule a tour of 7300 Lake Cir Drive 202, Margate, FL 33063?
Use the Tour button on this listing to request a showing of 7300 Lake Cir Drive 202, 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 7300 Lake Cir Drive 202, Margate, FL 33063 still available?
7300 Lake Cir Drive 202, Margate, FL 33063 is currently listed as Under Contract, and has been on the market 53 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 7300 Lake Cir Drive 202, Margate, FL 33063?
With 20% down ($20,800) on the $104,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7300 Lake Cir Drive 202, Margate, FL 33063 is about $547/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 7300 Lake Cir Drive 202, Margate, FL 33063?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 7300 Lake Cir Drive 202, Margate, FL 33063. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 7300 Lake Cir Drive 202, Margate, FL 33063 have an HOA fee?
Yes: 7300 Lake Cir Drive 202, Margate, FL 33063 carries an HOA fee of about $2,279 quarterly (PALM LAKES). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 7300 Lake Cir Drive 202, Margate, FL 33063?
7300 Lake Cir Drive 202, 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 7300 Lake Cir Drive 202, Margate, FL 33063?
Often, yes. The right offer on 7300 Lake Cir Drive 202, 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 August 7, 2026.

$104,000

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Listed by Linda M Perfetto, Real Estate II Inc

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