How do I schedule a tour of 7320 Lake Cir Drive 204, Margate, FL 33063?

Use the Tour button on this listing to request a showing of 7320 Lake Cir Drive 204, 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 7320 Lake Cir Drive 204, Margate, FL 33063 still available?

7320 Lake Cir Drive 204, Margate, FL 33063 is currently listed as Active, and has been on the market 229 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 7320 Lake Cir Drive 204, Margate, FL 33063?

With 20% down ($20,000) on the $100,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7320 Lake Cir Drive 204, Margate, FL 33063 is about $526/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 7320 Lake Cir Drive 204, Margate, FL 33063?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 7320 Lake Cir Drive 204, Margate, FL 33063. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 7320 Lake Cir Drive 204, Margate, FL 33063 have an HOA fee?

Yes: 7320 Lake Cir Drive 204, Margate, FL 33063 carries an HOA fee of about $694 monthly. 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 7320 Lake Cir Drive 204, Margate, FL 33063?

Often, yes. The right offer on 7320 Lake Cir Drive 204, 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.

Active

229 Days on Market

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$100,000

7320 Lake Cir Drive 204

Margate, FL 33063

PALM LAKES CONDO

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

Price Check

How this price compares

List price: $100,000
Price per sq ft: $104
Original price: $130,000
Days on market: 229

This 1-bedroom condo in Palm Lakes Condo is listed at $100,000, or $104 per square foot. The asking price has come down 23.1% from its original $130,000. It has been on the market for 229 days.

Bedrooms

Bathrooms

960

Living Sq Ft

1979

Year Built

Estimated monthly payment

$526 /mo

Principal and interest only, based on $20,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $694/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $100,000
Days on Site: 229 Days
Bedrooms: 1
Total Baths: 2
Full Baths: 2
Partial Baths: 0
Living Area: 960 sqft
Total Sq Ft: 1,202 sqft
Year Built: 1979
Property Type: Condo
MLS #: R11163007
Property Tax: $1,875 (2025)
HOA Fees: $694 / Monthly
Subdivision: PALM LAKES CONDO
Development: PALM LAKES
County: Broward
Status: Active
Special Conditions: Short Sale / Listed As Is

About This Property

Welcome to Palm Lakes, a sought after 55+ community offering comfort, convenience, and an active lifestyle. This beautifully renovated and spacious 1 bedroom, 2 bathroom condo is truly move in ready. Thoughtfully updated in 2024, the home features a hurricane impact front door and impact windows for enhanced security, energy efficiency, and peace of mind. A newly enclosed 28 x 10 patio with impact windows adds exceptional bonus living space, perfect for relaxing, entertaining, or creating a bright home office retreat. Stylish new water resistant laminate flooring throughout gives the entire residence a clean, modern feel. The updated kitchen showcases stainless steel appliances and granite countertops, blending functionality with timeless design. Plantation shutters and elegant zebra blinds add both privacy and sophistication. The AC unit was replaced in 2018, providing reliable year round comfort. Ideally positioned right off the elevator for easy access, this unit also includes convenient outside storage. Minimum credit score requirement is 650. Enjoy low maintenance living in a well maintained community, close to shopping, dining, and everything you need. This is the perfect opportunity to enjoy a stylish, updated home in one of Palm Lakes' desirable 55+ settings. ***No special assessments!!

Virtual Tour

General Features

Property Type: Condo
Status: Active
Year Built: 1979
Property Condition: Resale
Number of Stories: 4
Parking: Assigned / Guest
Direction Faces: Northeast
Lot Size (Acres): 0
Living Sq Ft: 960
Total Sq Ft: 1,202
Structure Type: Multi Family
Sewer: Public Sewer
Water Source: Public
Zoning: Res

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Electric Water Heater / Free Standing Freezer / Disposal / Ice Maker / Microwave / Range / Refrigerator / Water Heater / Washer
Cooling: Central Air / Ceiling Fans
Heating: Central
Flooring: Laminate
Interior Features: Eat In Kitchen / Elevator / Kitchen Dining Combo / Living Dining Room / Pantry / Separate Shower / Walk In Closets
Laundry: Inside / Laundry Closet
Windows: Blinds / Plantation Shutters
Main Level Bedrooms: 1
Main Level Baths: 2
Total Rooms: 5
Furnished: Unfurnished

Exterior Features

Construction: Block / Concrete
Pool Features: Association
Waterfront: Yes
Waterfront Features: Lake Front
View: Garden / Lake

Community & HOA

HOA Fee: $694 / Monthly
HOA Includes: Common Areas / Cable Tv / Hot Water / Maintenance Grounds / Pest Control / Sewer / Trash / Water
Association Amenities: Clubhouse / Pool / Parking / Shuffleboard Court / Storage / Elevators
Community Features: Street Lights
Security: Closed Circuit Cameras / Smoke Detectors / Security Guard
Utilities: Cable Available / Sewer Available / Water Available
Pets Allowed: Number Limit / Size Limit / Yes
55+ Community: Yes
Financing Terms: Cash
Restrictions: Buyer Approval Required
MLS Area: 3633

This home's HOA fee works out to $694 a month, 8% below the $758 median across 18 homes for sale in Palm Lakes Condo. See Palm Lakes Condo HOA fees

About the Community

Palm Lakes

View Community Details →

Homes for Sale: 18
Under Contract: 4
Median List Price: $148,450
Median $/Sq Ft: $144
Avg Days on Market: 152

View all 18 homes for sale in Palm Lakes →

Frequently Asked Questions

How do I schedule a tour of 7320 Lake Cir Drive 204, Margate, FL 33063?: Use the Tour button on this listing to request a showing of 7320 Lake Cir Drive 204, 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 7320 Lake Cir Drive 204, Margate, FL 33063 still available?: 7320 Lake Cir Drive 204, Margate, FL 33063 is currently listed as Active, and has been on the market 229 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 7320 Lake Cir Drive 204, Margate, FL 33063?: With 20% down ($20,000) on the $100,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7320 Lake Cir Drive 204, Margate, FL 33063 is about $526/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 7320 Lake Cir Drive 204, Margate, FL 33063?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 7320 Lake Cir Drive 204, Margate, FL 33063. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 7320 Lake Cir Drive 204, Margate, FL 33063 have an HOA fee?: Yes: 7320 Lake Cir Drive 204, Margate, FL 33063 carries an HOA fee of about $694 monthly. 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 7320 Lake Cir Drive 204, Margate, FL 33063?: Often, yes. The right offer on 7320 Lake Cir Drive 204, 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 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.

$100,000

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Listed by Carlos A Melendez, Keyes Company

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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.