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7320 Lake Circle Drive 101, Margate, FL 33063
Active
425 Days on Market
1 / 30
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All Listings

$159,000

7320 Lake Circle Drive 101

Margate, FL 33063

Palm Lakes

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

How this price compares

List price
$159,000
Price per sq ft
$145
Vs. nearby sales
40.8% above
Days on market
425

This 2-bedroom condo in Palm Lakes is listed at $159,000, or $145 per square foot. The asking price has come down 12.2% from its original $181,000. It has been on the market for 425 days. The 6 most recent condo sales in the closings shown below sold at a median of $103 per square foot, so the asking price is 40.8% above what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
1,100
Living Sq Ft
1979
Year Built

Estimated monthly payment

$836 /mo

Principal and interest only, based on $31,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$159,000
Days on Site
425 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 #
F10514198
Property Tax
$3,482 (2024)
HOA Fees
$2,316 / Quarterly
Subdivision
Palm Lakes
Development
Palm Lakes
County
Broward
Status
Active
Special Conditions
Listed As Is

About This Property

Bright, Spacious, Ground Floor, Corner Unit in the Peaceful Community of Palm Lakes. New Front Door Coming Soon! New Washer & Dryer. New Luxury Vinyl Plank in Kitchen & Bathrooms, and New Carpet in Living/Dining Area & Both Bedrooms. Split Floor Plan. Primary has Walk in Closet & Access to Oversized Screened Balcony. Storage Area, Mailbox & Clubhouse Steps Away. Heated Pool, Pickleball, Shuffleboard, Sauna, Fitness room, Billiards, & BBQ Pavilion. Close to Public Transportation, Banks, and Publix is Just Steps Away. 2 Pets (Dogs, Cats or Birds) Max 20 lbs Each. No Leasing 1st Year Owned; Then Minimum 90 days, 2 Times a Year. No Trucks, Boats, Trailers or Campers and At Least 1 Occupant Must Be 55. Minimum Credit Score 650 - Minimum Income Requirement $40,000. Dishwasher Does Not Work.

Virtual Tour

General Features

Property Type
Condo
Status
Active
Year Built
1979
Property Condition
Resale
Number of Stories
4
Garage Spaces
0
Parking
Assigned / Guest
Direction Faces
Northeast
Living Sq Ft
1,100
Total Sq Ft
1,100

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Refrigerator / Water Heater / Washer
Cooling
Central Air / Electric
Heating
Central / Electric
Flooring
Carpet / Vinyl
Interior Features
Eat In Kitchen / Living Dining Room / Main Level Primary / Split Bedrooms / Separate Shower
Windows
Metal / Single Hung
Main Level Bedrooms
1
Main Level Baths
1
Furnished
Unfurnished

Exterior Features

Construction
Block
Exterior Features
Outdoor Living Area / Porch
Pool Features
Association
Patio & Porch
Porch / Screened
View
Other

Community & HOA

HOA Fee
$2,316 / Quarterly
HOA Includes
Maintenance Grounds / Maintenance Structure / Pools / Recreation Facilities / Reserve Fund / Sewer / Trash / Water
Association Amenities
Billiard Room / Clubhouse / Fitness Center / Maintenance Grounds / Library / Picnic Area / Pickleball / Pool / Storage
Security
Other / Smoke Detectors
Utilities
Cable Available
Pets Allowed
Breed Restrictions / Number Limit / Size Limit / Yes
55+ Community
Yes
Financing Terms
Cash / Conventional
Restrictions
No Trailer Parking
MLS Area
3633

This home's HOA fee works out to $772 a month, in line with the $758 median across 20 homes for sale in Palm Lakes. See Palm Lakes 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 7320 Lake Circle Drive 101, Margate, FL 33063?
Use the Tour button on this listing to request a showing of 7320 Lake Circle 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 7320 Lake Circle Drive 101, Margate, FL 33063 still available?
7320 Lake Circle Drive 101, Margate, FL 33063 is currently listed as Active, and has been on the market 425 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 Circle Drive 101, Margate, FL 33063?
With 20% down ($31,800) on the $159,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7320 Lake Circle Drive 101, Margate, FL 33063 is about $836/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 Circle Drive 101, Margate, FL 33063?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 7320 Lake Circle 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 7320 Lake Circle Drive 101, Margate, FL 33063 have an HOA fee?
Yes: 7320 Lake Circle Drive 101, Margate, FL 33063 carries an HOA fee of about $2,316 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 7320 Lake Circle Drive 101, Margate, FL 33063?
7320 Lake Circle 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 7320 Lake Circle Drive 101, Margate, FL 33063?
Often, yes. The right offer on 7320 Lake Circle 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 Fleur Realty Group, 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 June 23, 2026.

$159,000

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Listed by Sherri Dasilva, Fleur Realty Group, Inc.

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