Price Check
How this price compares
- List price
- $109,900
- Price per sq ft
- $100
- Vs. nearby sales
- In line
- Days on market
- 75
This 2-bedroom condo in Palm Lakes Condo is listed at $109,900, or $100 per square foot. The asking price has come down 4.4% from its original $114,900. It has been on the market for 75 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 in line with what comparable homes here actually sold for.
Estimated monthly payment
$578 /mo
Principal and interest only, based on $21,980 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $109,900
- Days on Site
- 75 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 #
- B26050966
- Property Tax
- $458 (2025)
- HOA Fees
- $2,279 / Quarterly
- Subdivision
- PALM LAKES CONDO
- County
- Broward
- Status
- Active
- Special Conditions
- Standard / Listed As Is
About This Property
DESIRABLE AND SPACIOUS! 2 BEDROOM 2 BATH 2ND FLOOR CONDO . LARGE PATIO WITH SERENE WATER VIEWS ALONG WITH VIEWS FROM THE MASTER BEDROOM. EAT IN KITCHEN WITH PASS THRU TO THE DINING ROOM AREA. CARPET AND TILE IN LIVING AREAS. WASHER AND DRYER IN UNIT. WALK IN CLOSET IN MASTER BEDROOM. WALKING DISTANCE TO 1 OF THE 2 POOLS AND THE TENNIS COURT. CLOSE TO NEW PUBLIX, WALGREENS, RESTAURANTS, BANKS AND TRANSPORTATION. ASSOCIATION STATES 55+ COMMUNITY, 650 + CREDIT SCORE AND $40,000 YEARLY INCOME. PET FRIENDLY COMMUNITY ALLOWS 2 PETS UNDER 20 LBS EACH. CAN LEASE AFTER ONE YEAR OF OWNERSHIP.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1980
- Property Condition
- Resale
- Number of Stories
- 4
- Levels
- One
- Parking
- Assigned / Guest
- Direction Faces
- South
- 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 / Oven / Range / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Carpet / Tile
- Interior Features
- Eat In Kitchen / Living Dining Room / Other / Walk In Closets
- Laundry
- In Unit / Washer Dryer Install Allowed
- Main Level Bedrooms
- 1
- Main Level Baths
- 1
- Furnished
- Negotiable
Exterior Features
- Construction
- Concrete / Stucco
- Roof
- Other
- Pool Features
- Association / Heated
- Waterfront
- Yes
- Waterfront Features
- Other
- View
- Canal
Community & HOA
- HOA Fee
- $2,279 / Quarterly
- HOA Name
- PALM lAKES
- HOA Includes
- Cable Tv / Pest Control / Recreation Facilities / Trash / Water
- Association Amenities
- Billiard Room / Clubhouse / Community Kitchen / Fitness Center / Library / Pool / Sauna / Spa Hot Tub / Storage / Tennis Courts / Trash
- Utilities
- Cable Connected / Water Connected
- Pets Allowed
- Breed Restrictions / Number Limit / Size Limit / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Lease1st Year Owned / Ok To Lease / Rental Restriction / See Remarks
- 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
- Homes for Sale
- 16
- Under Contract
- 4
- Median List Price
- $141,500
- Median $/Sq Ft
- $133
- Avg Days on Market
- 126
Frequently Asked Questions
- How do I schedule a tour of 7561 NW 1st Street 207, Margate, FL 33063?
- Use the Tour button on this listing to request a showing of 7561 NW 1st Street 207, 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 7561 NW 1st Street 207, Margate, FL 33063 still available?
- 7561 NW 1st Street 207, Margate, FL 33063 is currently listed as Active, and has been on the market 75 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 7561 NW 1st Street 207, Margate, FL 33063?
- With 20% down ($21,980) on the $109,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7561 NW 1st Street 207, Margate, FL 33063 is about $578/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 7561 NW 1st Street 207, Margate, FL 33063?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 7561 NW 1st Street 207, Margate, FL 33063. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 7561 NW 1st Street 207, Margate, FL 33063 have an HOA fee?
- Yes: 7561 NW 1st Street 207, 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 7561 NW 1st Street 207, Margate, FL 33063?
- 7561 NW 1st Street 207, 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 7561 NW 1st Street 207, Margate, FL 33063?
- Often, yes. The right offer on 7561 NW 1st Street 207, 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 July 19, 2026.
$109,900
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Listed by Linda M Perfetto, Real Estate II Inc
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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 $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.
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
Sold$90,000
Sold · April 17, 2026
480 NW 76th Avenue 306
2 bed · 2 bath · 1,100 sqft · $82/sqft
$9,999 under the asking price
Sold$147,700
Sold · April 14, 2026
7300 Lake Cir Drive 301
2 bed · 2 bath · 1,110 sqft · $133/sqft
$1,300 under the asking price
See every recorded sale in Palm Lakes Condo or find out what your Palm Lakes Condo home is worth.
