$87,000
Sold · March 5, 2026
7591 NW 1st Street 401
Explore the area: Margate homes for sale · Broward County real estate
Sale Summary
What this home sold for
- Sold price
- $87,000
- Vs. list price
- 20.9% under
- Days on market
- 71
- Price per sq ft
- $78
This 2-bedroom condo in Palm Lakes Condo sold for $87,000 on March 5, 2026. That was 20.9% below its final list price of $110,000. It first came on the market at $140,000, so the price was adjusted before it sold. It spent 71 days on the market. At $78 per square foot, it closed 24.3% below the $103 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $87,000
- Sold On
- March 5, 2026
- Days on Site
- 71 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,110 sqft
- Total Sq Ft
- 1,110 sqft
- Year Built
- 1980
- Property Type
- Condo
- MLS #
- R11141611
- Property Tax
- $826 (2024)
- HOA Fees
- $764 / Monthly
- Subdivision
- PALM LAKES CONDO
- County
- Broward
- Status
- Sold
About This Property
Spacious 2 bedroom, 2 bath unit with elevator. Centrally located in 'Palm Lakes Condo' in the City of Margate. The unit is within walking distance of a Publix supermarket, restaurants, banks and more. There are two swimming pools, a tennis court and a gymnasium. This is a 55+ adult community.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1980
- Property Condition
- Resale
- Number of Stories
- 4
- Garage Spaces
- 0
- Direction Faces
- West
- Living Sq Ft
- 1,110
- Total Sq Ft
- 1,110
- Water Source
- Public
- Zoning
- R-3A
Interior Features
- Appliances
- Microwave / Washer
- Cooling
- Central Air / Ceiling Fans / Electric
- Heating
- Central
- Interior Features
- None / Storage
- Main Level Bedrooms
- 1
- Main Level Baths
- 1
- Total Rooms
- 3
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Waterfront Features
- None
Community & HOA
- HOA Fee
- $764 / Monthly
- Association Amenities
- None
- Utilities
- Water Available
- Pets Allowed
- Pet Restrictions / Size Limit / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- Buyer Approval Required
- MLS Area
- 3633
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 7591 NW 1st Street 401, Margate, FL 33063?
- Use the Tour button on this listing to request a showing of 7591 NW 1st Street 401, 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 7591 NW 1st Street 401, Margate, FL 33063 still available?
- 7591 NW 1st Street 401, Margate, FL 33063 is currently listed as Sold, and has been on the market 71 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 7591 NW 1st Street 401, Margate, FL 33063?
- With 20% down ($22,000) on the $110,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7591 NW 1st Street 401, 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 7591 NW 1st Street 401, Margate, FL 33063?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 7591 NW 1st Street 401, Margate, FL 33063. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 7591 NW 1st Street 401, Margate, FL 33063 have an HOA fee?
- Yes: 7591 NW 1st Street 401, Margate, FL 33063 carries an HOA fee of about $764 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 7591 NW 1st Street 401, Margate, FL 33063?
- 7591 NW 1st Street 401, 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 7591 NW 1st Street 401, Margate, FL 33063?
- Often, yes. The right offer on 7591 NW 1st Street 401, 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 Marx 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 July 1, 2026.
$87,000
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Listed by Wesner Belizaire, Marx Realty Group 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.
