How do I schedule a tour of 7320 LAKE CIR Drive 407, Margate, FL 33063?

Use the Tour button on this listing to request a showing of 7320 LAKE CIR Drive 407, 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 407, Margate, FL 33063 still available?

7320 LAKE CIR Drive 407, Margate, FL 33063 is currently listed as Active, and has been on the market 30 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 407, Margate, FL 33063?

With 20% down ($23,780) on the $118,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7320 LAKE CIR Drive 407, Margate, FL 33063 is about $625/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 407, 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 407, 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 407, Margate, FL 33063 have an HOA fee?

Yes: 7320 LAKE CIR Drive 407, 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 7320 LAKE CIR Drive 407, Margate, FL 33063?

7320 LAKE CIR Drive 407, 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 7320 LAKE CIR Drive 407, Margate, FL 33063?

Often, yes. The right offer on 7320 LAKE CIR Drive 407, 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

30 Days on Market

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$118,900

7320 LAKE CIR Drive 407

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: $118,900
Price per sq ft: $108
Vs. nearby sales: 20% above
Days on market: 30

This 2-bedroom condo in Palm Lakes Condo is listed at $118,900, or $108 per square foot. It has been on the market for 30 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 20% above what comparable homes here actually sold for.

Bedrooms

Bathrooms

1,100

Living Sq Ft

1979

Year Built

Estimated monthly payment

$625 /mo

Principal and interest only, based on $23,780 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price: $118,900
Days on Site: 30 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: 1979
Property Type: Condo
MLS #: B26074261
Property Tax: $3,484 (2025)
HOA Fees: $2,279 / Quarterly
Subdivision: PALM LAKES CONDO
County: Broward
Status: Active
Special Conditions: Standard / Listed As Is

About This Property

MOTIVATED SELLER! 4TH FLOOR PENTHOUSE! GREAT WATER VIEWS FROM YOUR LARGE PATIO. 2 BEDROOM 2 BATH WITH TILE AND LAMINATE FLOORING. HURRICANE SHUTTERS AND WROL-UPS. WASHER AND DRYER IN UNIT. WALK IN CLOSET IN MASTER BEDROOM. NEWER APPLIANCES. EXTRA STORAGE. PET FRIENDLY COMMUNITY ALLOWING 2 PETS EACH UNDER 20 LBS. ASSOCIATION STATE 55+ COMMUNITY, 650 CREDIT SCORE AND $40K YEARLY COMBINED INCOME. WALKING DISTANCE TO TRANSPORTATION, RESTAURANTS, WALGREENS, BANKS AND A NEW PUBLIX. CLUBHOUSE FEATURES 2 POOLS, TENNIS, EXERCISE ROOMS, SAUNA, BILLIARDS AND MORE. CALL CO-LISTING AGENT TO SHOW.

MLS media link

General Features

Property Type: Condo
Status: Active
Year Built: 1979
Property Condition: Resale
Number of Stories: 4
Levels: One
Parking: Assigned / Guest
Direction Faces: East
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 / Ice Maker / Microwave / Refrigerator / Water Heater / Washer
Cooling: Central Air / Ceiling Fans / Electric
Heating: Central / Electric
Flooring: Laminate / Tile
Interior Features: Bedroom On Main Level / Eat In Kitchen / Living Dining Room / Walk In Closets
Laundry: In Kitchen / Washer Dryer Install Allowed
Main Level Bedrooms: 1
Main Level Baths: 1
Total Rooms: 3
Furnished: Negotiable

Exterior Features

Construction: CBS Concrete Block Structure / Block
Roof: Flat / Other
Exterior Features: Balcony / Outdoor Living Area / Other
Pool Features: Association
Patio & Porch: Covered / Balcony
Waterfront Features: Lake Front / None
View: Lake / Water

Community & HOA

HOA Fee: $2,279 / Quarterly
HOA Name: PALM LAKES
HOA Includes: Maintenance Structure / Pest Control / Recreation Facilities / Roof / Trash / Water
Association Amenities: Billiard Room / Clubhouse / Car Wash Area / Fitness Center / Maintenance Grounds / Pool / Shuffleboard Court / Sauna / Spa Hot Tub / Storage / Trash
Security: None
Utilities: Cable Available / Electricity Connected
Pets Allowed: Breed Restrictions / Yes
55+ Community: Yes
Financing Terms: Cash / Conventional
Restrictions: No Lease1st Year Owned / Other Restrictions / 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 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

Palm Lakes

View Community Details →

Homes for Sale: 16
Under Contract: 2
Median List Price: $141,500
Median $/Sq Ft: $133
Avg Days on Market: 126

View all 16 homes for sale in Palm Lakes →

Frequently Asked Questions

How do I schedule a tour of 7320 LAKE CIR Drive 407, Margate, FL 33063?: Use the Tour button on this listing to request a showing of 7320 LAKE CIR Drive 407, 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 407, Margate, FL 33063 still available?: 7320 LAKE CIR Drive 407, Margate, FL 33063 is currently listed as Active, and has been on the market 30 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 407, Margate, FL 33063?: With 20% down ($23,780) on the $118,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7320 LAKE CIR Drive 407, Margate, FL 33063 is about $625/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 407, 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 407, 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 407, Margate, FL 33063 have an HOA fee?: Yes: 7320 LAKE CIR Drive 407, 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 7320 LAKE CIR Drive 407, Margate, FL 33063?: 7320 LAKE CIR Drive 407, 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 7320 LAKE CIR Drive 407, Margate, FL 33063?: Often, yes. The right offer on 7320 LAKE CIR Drive 407, 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 September 10, 2026.

$118,900

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Listed by Linda M Perfetto, Real Estate II Inc

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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 $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.